Please click the link below to view Shane Oliver's review of 2020 and outlook for 2021 for investment markets.

Key points raised are :

• 2020 was dominated by the coronavirus pandemic but shares saw positive returns on the back of policy stimulus and vaccine optimism
• For 2021 the combination of massive policy stimulus and the prospect of vaccines allowing a return to something more normal by the end of 2021 / early 2022 should see a decent rebound in economic growth
• This plus lower interest rates is likely to see solid returns from share markets but poor returns from bonds.  Australian shares are likely to be relative outperformers
• The main things to keep an eye on are 
  • Coronavirus and vaccines
  • China tensions
  • Inflation
  • The hit to immigration in Australia and its impact on home prices