Australia's GDP growth has been on a steady decline for a while now. While the economy was still growing at a rate of 0.5% in the fourth quarter of 2022, that pace has slowed markedly from the 3.7% print seen in 2021. 

The December quarter of 2022 was the fifth consecutive period of economic growth, but it was also the smallest uplift of that period. That's likely because consumers are increasingly burning through their savings as cost pressures and interest rates remain elevated.

So where can investors find growth in a low or even no-growth world? 

In this episode, Livewire's Chris Conway was joined by Yarra Capital Management's Katie Hudson and Prime Value's Mike Younger for their analysis of three small-cap stocks with big growth runways ahead of them. 

Plus, they each also name a high-conviction portfolio position with what they believe to be the best growth prospects over the year to come. 

Note: This episode was filmed on Wednesday 5 April 2023. You can read an edited transcript below: 

https://www.livewiremarkets.com/wires/buy-hold-sell-5-undervalued-small-caps-with-big-growth-prospects