How the economy can make or break brokers

With global trade tensions simmering, interest rate cut chatter doing the rounds, and Australia’s economic growth ticking along at low levels, it's fair to ask: how's our economy really faring?

In this special live episode from Growth Summit, LMG’s Grace Ormsby catches up with AMP Deputy Chief Economist Diana Mousina to unpack what’s going on under the surface of the economy and why it matters to brokers.

From the ripple effects of a possible US recession to what that could mean for Australia’s housing market, Diana offers a clear-eyed take on just how exposed we are to global shifts.

She also explores how borrowers are changing their behaviour, and what that means for brokers trying to plan ahead, before pointing out some key trends as shaping the economic outlook: 

• The impact of share market falls on household wealth

• A softening jobs market

• Persistent inflation and growing inequality

• Challenges in housing supply and affordability

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