In this edition of iPartners inFocus, Michael Blythe looks at what Australia can expect in 2024.  

In a world where economic fluctuations are the norm, understanding the key drivers of household income and consumer behavior is crucial. In his latest iPartners inFocus, Michael Blythe offers some compelling insights into these dynamics.

This report is a reminder of the complex interplay between various economic factors and their direct impact on our daily lives. Staying informed about these trends is vital for strategic planning and decision-making.

The Australian and global economies avoided the feared recession in 2023 and the expectation is that recession can be avoided in 2024 as well. 

Much depends on successfully taming inflation and central banks avoiding a policy “mistake”.  Global risks are dominated by potential financial shocks, limited fiscal scope, China and geopolitics while the consumer is the main domestic risk.

iPartners inFocus Australia in 2024 - NOV 23.pdf