Conference & Seminar NSW

VIC | 2020 Economic Outlook Briefing with Paul Bloxham

Price:
FACCI Patron Members: up to 4 Free tickets
Early-Bird FACCI Members: $30
Early Bird General Admission: $60
FACCI Members: $40
General Admission: $70
Prices incl. GST

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FACCI is pleased to invite you to its 2020 Economic Outlook Briefing with Paul Bloxham, Chief Economist at HSBC Australia & New Zealand.

 

The French-Australian Chamber of Commerce and Industry is pleased to invite you to its 2020 Economic Outlook Briefing with Paul Bloxham, Chief Economist at HSBC Australia & New Zealand. This national event, in partnership with our Patron member HSBC Australia, will be taking place across 4 of our 5 Chapters. In Melbourne, we look forward to welcoming you on Thursday 15 March from 7:30am to 9:30am. The presentation will be preceded by a delicious breakfast.

Navigating an uncertain world

Australia's economy has performed well and is now in its 29th year of continuous GDP growth. But how long can it last? For the past couple of years, the local economy has had the support of a strong global wave of growth, but as the US fiscal stimulus wears off and trade tensions continue to fester, world growth is set to slow. Helpfully, Australia's fortunes are mostly tied to China's rising middle classes and their demand for energy, housing, infrastructure and high-quality food -- which supports commodity demand -- as well as services -- like education and tourism. But even China faces the test of rising trade protectionism. After riding a global wave of growth in recent years, 2020 may prove to be a more challenging global backdrop for Australia.

Locally, Australia is also navigating its own uncharted seas, as the housing market cools in the major cities, at the same time that jobs growth is strong and the unemployment rate is falling. We remain generally upbeat about Australia's growth prospects, but the outlook is also quite uncertain, particularly given the global backdrop.

 

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