Martin Crabb: Stock Market Drops on rate hike shock. May 2023

Australia’s Two-Speed Consumer Story

The contrast between households benefiting from higher rates and homeowners, versus those under pressure from the rising cost of living and mortgage stress, continues to shape Australia’s economy.

In this discussion, Martin Crabb, CIO at Shaw and Partners, shares his insights on what this divide means for the “great rates debate” and the investability of retail stocks.