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THINK Australia: Still the most attractive Asia-Pacific investment market in 2017

Research

In our latest THINK report, Harry Tan, Head of Research, Asia-Pacific, discusses the Australian market as an attractive investment for 2017.

After increasing GDP growth for many quarters since the Global Financial Crisis (GFC), the Australian economy surprisingly contracted by 0.5% in Q3 2016.* At an average annual growth of 2.5%, up 2.7% in Q2 2016, this pace of growth is below the trend-rate of 3.25% and the softest since the GFC. However, the real GDP growth that came in below expectation, does not signal a protracted downturn ahead.

We believe the Australian economy remains relatively resilient and well-supported by a diverse growth engine. Following this mid-cycle downturn, Consensus Economics projects the economy to rebound strongly in Q4 2016, to average 2.4% for the full-year 2016 (unchanged from 2015).

*Note: Seasonally adjusted consensus: +0.3%

Download the full report here  THINK Australia

 

 

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Harry Tan

Harry Tan

Head of Research, Asia-Pacific

Harry's biography