The Australian economy is most likely headed for a recession due to increasing levels of inflation and the actions of central banks to fight them.

Large-scale economic rebalancing has still to take place before it can be said investment markets have reached their lowest point.

Certain current-day factors are likely to guard the economies of the world from experiencing sustained high levels of inflation.

Certain industrial sectors will offer strong investment opportunities given current economic factors such as rising interest rates and decarbonisation.

Australia is well placed to mitigate the effects of the current economic headwinds when compared to other developed economies across the world.

An economist has predicted hyperinflation is not likely to be a factor for the Australian economy in 2021.