Home Asset Managers Australia stocks: looking for growth drivers

Australia stocks: looking for growth drivers

The Australian economy – like so many economies around the world – is currently under enormous pressure. Unemployment is rising sharply as a result of the coronavirus pandemic, the central bank RBA expects GDP to plummet by 8% in 2020. We spoke to Michelle Lopez, Head of Australian Equities, Aberdeen Standard Investments, about how the Australian government is responding and what consequences she expects for Australian stocks.