The past financial year turned out to be a good one for investors as shares rebounded thanks to falling inflation and hopes rates are near the top. AMP's Chief Economist Dr Shane Oliver looks at the outlook for investment returns over the next 12 months as central banks remain hawkish and recession risks are high.

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This podcast is general in nature and hasn’t taken your circumstances into account. It’s important you consider your personal circumstances and speak to a financial adviser before deciding what’s right for you. Any general tax information provided is intended as a guide only. Remember the value of investments may go up or down and you may not get back the amount you invested. The opinions and views featured in this podcast reflect the individual’s own. Date of publication 10 July 2023. AWM Services Pty Ltd ABN 15 139 353 496, AFSL No. 366121, part of the AMP Group.