Relative Return Unplugged: What impact will the US election have for Australia?



In this episode of Relative Return Unplugged, host Maja Garaca Djurdjevic, along with Momentum Media political commentator Liam Garman and special guest Shane Oliver, chief economist at AMP, dive into the looming US election and what it means for Australia’s economy.
With less than two weeks until Americans head to the polls, the race between the candidates is tightening, particularly in crucial swing states. The stakes are high, not just for the US, but for global allies like Australia, which is keenly aware of how different policies might impact international economic relations.
We take a look at the economic policies of the candidates, including Trump’s focus on lower corporate taxes and higher tariffs, compared with Harris's emphasis on taxing the wealthy to fund social programs.
Tune in to hear:
- Whether the election’s outcome will have as significant implications for markets and economic policy as many believe.
- Why there are concerns about the US’ growing budget deficit.
- How Australia’s alignment with US policies could complicate its relationship with China.
Recommended for you
In this week’s special episode of Relative Return Unplugged, we present shadow treasurer Angus Taylor’s address at Momentum Media’s Election 2025 event, followed by a Q&A covering the Coalition’s plans for the financial services sector.
In this week’s episode of Relative Return Unplugged, AMP chief economist Shane Oliver joins the show to unravel the web of tariffs that US President Donald Trump launched on trading partners and take a look at the way global economies are likely to be impacted.
In this episode of Relative Return, host Laura Dew is joined by Andrew Lockhart, managing partner at Metrics Credit Partners, to discuss the attraction of real estate debt and why it can be a compelling option for portfolio diversification.
In this week’s episode of Relative Return Unplugged, AMP’s chief economist, Shane Oliver, joins us to break down Labor’s budget, focusing on its re-election strategy and cost-of-living support, and cautioning about the long-term impact of structural deficits, increased government spending, and potential risks to productivity growth.