Investor Presentaiton
MARKET DYNAMICS
Recent economic conditions have proven to be disruptive, however
TAL has responded well
Economic conditions
Australian GDP1
AUD bn, 2016-2021
Australian cash rate² and consumer price index¹
%, 2016-2021
(1.1%
520
4%
500
+2.4%
3%
480
2%
460
COVID-19
1%
440
0%
420
COVID-19
400
-1%
2016
2017
2018
2019
2020
2021
2016
2017
2018
2019
2020
2021
Target Cash Rate
Inflation
•
Consistent economic growth
•
•
COVID-19 impacted growth, however the Australian
government responded well
• Expect growth to return within 2-4% in the near future²
.
Low interest rate environment impacting investment
revenue
• Increased volatility in inflation due to COVID-19
•
Interest rate rises are likely to occur in late 2022 or 2023,
dependent on inflation outlook and wages growth
¹Australian Bureau of Statistics. Australian GDP - chain volume measures, seasonally adjusted
2Reserve Bank of Australia
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