logging in or signing up 25 Wen12 Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINTLite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 55 Category: Education License: All Rights Reserved Like it (0) Dislike it (0) Added: April 13, 2008 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript Geelong: Taking a world view: Geelong: Taking a world view International business outlook Terry McCrann CEDA/ City of Geelong/ Committee for Geelong It’s the 21st century - stupid: It’s the 21st century - stupid Understand today – look forward State of play How we got ‘here’ Where we are headed Secular and ‘cyclical It’s the 21st century - stupid : It’s the 21st century - stupid It’s 16 years since Tiananmen square Communist China into Consumer China China in the 21st century It’s 14 years since the ‘recession we had….’ It’s even nine years since god Paul ‘died’It’s all about change: It’s all about change The original 9/11 Globalisation Technology Communication 24/7 real-time world Relentless cost pressure Everyone has competitors Everyone is a competitorThe ‘small’ change-9/11s: The ‘small’ change-9/11s China US FTA Domestic Reform agenda Red tape Governance/stakeholdersThe non-9/11: The non-9/11 Why 12/26 is no 9/11… The impacts of 9/11, 12/26: The impacts of 9/11, 12/26 September 11 10% of 30% of 100% $5b annual insurance $US50 oil $US600b/$500b deficits 1% interest rates Huge damage/costs Global boom December 26 10% of 1% of 100% Zero Zero Zero Zero Huge (local) damage Global compassion boomThe mother of all free lunches : The mother of all free lunches Huge damage/costs + global boom: Huge damage/costs + global boom Global boom – China makes/ US buys/ Asia finances Global capital flows/ liquidity Asset/commodity prices Currency pressures - China-US-Yen-Euro-everyone else The ‘former’ mother of all…… : The ‘former’ mother of all…… Virtuous(?) circle around property: Virtuous(?) circle around propertyBorrow and spend: Borrow and spend Housing credit June 1999 $258b August 2004 $600b Growth and consumer spending : Growth and consumer spending As the ‘mother’ departs…… : As the ‘mother’ departs…… It’s all about China (and the US): It’s all about China (and the US)The international outlook: The international outlook US dollar down because of deficit…. ….but steadies because of rates China booms because of currency Aussie dollar up because of US $…. ….but down because of deficit… ….but steadies because of resources Good news?: Good news?No, it’s really all about oil Global demand/supply (millions of barrels a day): No, it’s really all about oil Global demand/supply (millions of barrels a day) ?‘Cyclical’ + secular: ‘Cyclical’ + secular ‘Cyclical Post 9/11 US monetary policy pumping in cash China demand + production Now being withdrawn Secular China (+India) demand + production Globalisation/ communications/ computers Galloping onThe lucky country: The lucky country Australia China AmericaThe perfect triangulation : The perfect triangulation FTA locks us into the world’s biggest and best, cutting edge high-tech economy We ride the resources supply boom Then shift up the value chain China gives us cheap consumer goods You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.
25 Wen12 Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINTLite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 55 Category: Education License: All Rights Reserved Like it (0) Dislike it (0) Added: April 13, 2008 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript Geelong: Taking a world view: Geelong: Taking a world view International business outlook Terry McCrann CEDA/ City of Geelong/ Committee for Geelong It’s the 21st century - stupid: It’s the 21st century - stupid Understand today – look forward State of play How we got ‘here’ Where we are headed Secular and ‘cyclical It’s the 21st century - stupid : It’s the 21st century - stupid It’s 16 years since Tiananmen square Communist China into Consumer China China in the 21st century It’s 14 years since the ‘recession we had….’ It’s even nine years since god Paul ‘died’It’s all about change: It’s all about change The original 9/11 Globalisation Technology Communication 24/7 real-time world Relentless cost pressure Everyone has competitors Everyone is a competitorThe ‘small’ change-9/11s: The ‘small’ change-9/11s China US FTA Domestic Reform agenda Red tape Governance/stakeholdersThe non-9/11: The non-9/11 Why 12/26 is no 9/11… The impacts of 9/11, 12/26: The impacts of 9/11, 12/26 September 11 10% of 30% of 100% $5b annual insurance $US50 oil $US600b/$500b deficits 1% interest rates Huge damage/costs Global boom December 26 10% of 1% of 100% Zero Zero Zero Zero Huge (local) damage Global compassion boomThe mother of all free lunches : The mother of all free lunches Huge damage/costs + global boom: Huge damage/costs + global boom Global boom – China makes/ US buys/ Asia finances Global capital flows/ liquidity Asset/commodity prices Currency pressures - China-US-Yen-Euro-everyone else The ‘former’ mother of all…… : The ‘former’ mother of all…… Virtuous(?) circle around property: Virtuous(?) circle around propertyBorrow and spend: Borrow and spend Housing credit June 1999 $258b August 2004 $600b Growth and consumer spending : Growth and consumer spending As the ‘mother’ departs…… : As the ‘mother’ departs…… It’s all about China (and the US): It’s all about China (and the US)The international outlook: The international outlook US dollar down because of deficit…. ….but steadies because of rates China booms because of currency Aussie dollar up because of US $…. ….but down because of deficit… ….but steadies because of resources Good news?: Good news?No, it’s really all about oil Global demand/supply (millions of barrels a day): No, it’s really all about oil Global demand/supply (millions of barrels a day) ?‘Cyclical’ + secular: ‘Cyclical’ + secular ‘Cyclical Post 9/11 US monetary policy pumping in cash China demand + production Now being withdrawn Secular China (+India) demand + production Globalisation/ communications/ computers Galloping onThe lucky country: The lucky country Australia China AmericaThe perfect triangulation : The perfect triangulation FTA locks us into the world’s biggest and best, cutting edge high-tech economy We ride the resources supply boom Then shift up the value chain China gives us cheap consumer goods