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The Australian construction sector is facing a challenging period as costs and capacity constrain activity levels.

The run up in interest rates has provided a drag for all asset classes, but other cyclical and structural drivers are becoming more prominent in determining performance.

The Australian economy is enduring a policy-induced slowdown.  Entering 2024, both fiscal and monetary policy are at or close to the peak drag they will impose on the economy in this cycle.

Adrian Cooper set out the key factors that will drive the economic outlook for 2024 and beyond, including how long the current economic slowdown is likely to last, how quickly underlying inflationary pressures will ease, and the implications for interest rates and financial markets. 

We’ve taken stock of Australia’s journey towards net zero and the good news is that emissions are dropping. The bad news is that emissions aren’t dropping fast enough.