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2023 saw the return of Goldilocks, but what’s in store for 2024 for investors?


Dr Shane Oliver, Head of Investment Strategy & Chief Economist insights


The five key themes for 2023 were: better than feared growth; disinflation; peak interest rates (probably in Australia too); lots of geopolitical threats but not as bad as

feared; and AI hit the big time. This boosted shares and helped bonds with solid superannuation fund returns.


2024 is likely to see positive returns helped by falling rates but they are likely to be more constrained given likely volatility associated with the high risk of a recession.




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