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The latest Oliver’s Insights, written by Shane Oliver (AMP’s head of Investment Strategy and Chief Economist), discusses why investors need to be wary of just following the crowds.

Key points:

  •  Australia faces three key structural challenges: the end of the commodity price boom is leading to slower growth in national income; this is putting pressure on the budget; & it’s all occurring when productivity growth has slowed.
  • To get growth in economic activity and in material living standards back onto a strong sustainable path will require more serious economic reform, including getting the budget under control, tax reform, more privatisation, more infrastructure spending and reduced regulation.
  • This will likely be necessary to ensure strong sustained performances from Australian asset classes.


For the complete article click here: 20140605-australias-reform-agenda

As these articles often raise questions, please contact your adviser on to discuss any concerns.