Some commentators have suggested that the Australian economy is built on shaky foundations that are about to collapse.  Please click the link below to view Shane Oliver's thoughts on this issue.

Key points raised are:

• The Chinese economy is not about to collapse and isn't likely to be at peak commodity demand
• The failure of the Australian economy to crash after the end of the commodity boom early this decade highlights that it's a lot more diversified that many give it credit
• The housing boom in Sydney and Melbourne has not been built on the China boom - in fact it has had more to do with strong population growth and the end of the mining boom

Like always if you would like to discuss this matter further please contact us.