Citi's Zaman: Australian Earnings to Have More Upside Than Downside

The video discusses the impact of COVID-19 on the corporate sector, highlighting expected EPS growth for FY21 and FY22. It examines the earnings season, noting companies' hesitance to provide guidance due to lockdown uncertainties. The mining and resources sector's role in earnings and dividends is explored, with a focus on iron ore prices and China's economic activities. The video also addresses the effects of the delta variant on consumer confidence and retail, emphasizing the importance of vaccinations. Finally, it touches on green energy investments and government policy regarding emissions.

What is the expected EPS growth for FY21?

• 55%

• 45%

• 35%

• 25%

Which sector is expected to dominate in the dividend space?

• Healthcare

• Retail

• Mining and Resources

• Technology

What is a major concern for resource companies in Australia?

• Excessive production

• Low demand

• Labor shortages

• High taxes

What is expected to support consumer confidence recovery in Australia?

• Government subsidies

• Vaccination rollout

• Higher interest rates

• Increased exports

What is the current focus of governments regarding energy investments?

• Nuclear energy

• Green energy

• Fossil fuels

• Biofuels