Reporting season and what it bodes for the Australian economy

While the overall results looked mildly positive, there were some warning signs in the latest reporting season, for specific sectors and the outlook for the ASX in general.

AMP Capital’s renowned economist Shane Oliver breaks down these results to reveal:

• Which sectors performed well and which look disappointing
• Why investors should be nervous about dividends going forward
• Why the Australian economy continues to grow despite downturns in retail and housing, and
• Where to invest as the outlook sours.

You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth

If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.