Given the global outperformance of the Australian share market, some investors are questioning the possibility of further gains.
Corporate Australia is firmly behind the wheel of the Australian economy, while consumers have taken on the role of passengers in the current environment.
The soaring price of petrol is now starting to pose a major threat to the Australian economy.
Australian consumers will have to tighten their budgets, spend less at the shopping mall and attempt to pare back existing debt.
Increased confidence, a strong housing sector and low interest rates have got Australian consumers in buying mode.