Please click the link below to Shane Oliver's Investment Outlook Q and A.

Key points raised are:

• Inflation is likely to have peaked and this means that central banks are either at or close to the top on rates
• The risk of recession has increased but should be avoided in Australia, providing the RBA is at or near the top on rates
• Geopolitical risk remains high and US debt ceiling brinkmanship is likely to return in the September quarter
• Our base case is that Australian home prices still have more downside, but a shortage of property is again worsening home buyer and rental affordability and making the property market very hard to read.