Paul Bloxham

Chief Economist for HSBC Australia and New Zealand

Australia in 2021: Upswing to a 'new normal'

Paul Bloxham is chief spokesperson for HSBC on forecasts and trends for the Australian and New Zealand economies and their interaction with global financial markets and international economies and a key spokesperson on HSBC’s unique view on global commodity markets.
Paul is a regular commentator on local and international business television and frequent contributor of opinion editorials to Australian newspapers. He is also a member of the Australian National University’s Shadow Reserve Bank Board and an Adjunct Professor at Curtin University.

Prior to joining HSBC in 2010, Paul spent 12 years as an economist with the Reserve Bank of Australia. Paul holds a Master’s degree in public financial policy from the London School of Economics.

Key takeaways

  • Australia has fared better than most Western economies in the face of the COVID-19 pandemic
  • A domestic upswing is underway and will be supported by a vaccine rollout early in the year
  • Cross-border issues, a post-pandemic ‘new normal’, monetary policy limits, and a rising AUD are all challenges.