the state of the australian and global economy

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In April Ray provided an update to the Tamworth branch of the Association of Independent Retirees on the state of the Australian and global economic situation. Government debt, currency wars, crises in Cyprus and the performance of the stock market were just some of the issues covered by Ray.

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  • 1. Slide 1 Global Financial Update Perspective is everything! A Presentation to the Association of Independent Retirees, Tamworth 16th April 2013 Raymond Griffin MBA (Exec) Dip FS GAICD Director: Baiocchi Griffin Private Wealth AFSL 424658
  • 2. Slide 2 Level 1, 462 464 Peel Street TAMWORTH NSW 2340 AFSL No. 424658 This presentation and the associated discussion is general in nature and does not take your individual situation into account. You should not act on anything contained herein, or discussed as a consequence of the contents of this document, without receiving personal financial advice from a suitably qualified person such as a financial advisor. General Advice Warning
  • 3. Slide 3 Level 1, 462 464 Peel Street TAMWORTH NSW 2340 AFSL No. 424658 What will be covered? Global Economic Issues & Australias Current Economic Environment
  • 4. Slide 4 Level 1, 462 464 Peel Street TAMWORTH NSW 2340 AFSL No. 424658 Soaring Government Debt?
  • 5. Slide 5 Level 1, 462 464 Peel Street TAMWORTH NSW 2340 AFSL No. 424658 How low can rates go?
  • 6. Slide 6 Level 1, 462 464 Peel Street TAMWORTH NSW 2340 AFSL No. 424658 Central Banks to the Rescue!
  • 7. Slide 7 Level 1, 462 464 Peel Street TAMWORTH NSW 2340 AFSL No. 424658 Currency Wars? Australian Dollar against US Dollar, Euro and Yen
  • 8. Slide 8 Level 1, 462 464 Peel Street TAMWORTH NSW 2340 AFSL No. 424658 Global Stock Market Rally
  • 9. Slide 9 Level 1, 462 464 Peel Street TAMWORTH NSW 2340 AFSL No. 424658 Cyprus! Why did it happen?
  • 10. Slide 10 Level 1, 462 464 Peel Street TAMWORTH NSW 2340 AFSL No. 424658 Australian Share Market
  • 11. Slide 11 Level 1, 462 464 Peel Street TAMWORTH NSW 2340 AFSL No. 424658 Australian Economic Environment
  • 12. Slide 12 Level 1, 462 464 Peel Street TAMWORTH NSW 2340 AFSL No. 424658 Australian Economic Environment (contd)
  • 13. Slide 13 Level 1, 462 464 Peel Street TAMWORTH NSW 2340 AFSL No. 424658 Baiocchi Griffin Private Wealth House View We believe that the global economic environment remains in a state of caution with sovereign debt issues, high unemployment rates (excl. Australia) and sparse GDP growth across developed nations continuing to weigh on sentiment across financial markets. Although there are positive signs emerging from the United States and its economy, we believe that the world will continue to experience an environment which is less conducive to growth for some years to come. From an investment perspective, we believe the Australian share market is fairly valued - it is neither overpriced or cheap. . The current low interest rate environment looks set to continue for quite some time and this suggests that investors - who have been heavily reliant on income from interest bearing investments - need to cautiously re-weight their portfolios to include some exposure to high quality companies (with strong, reliable, dividend records) along with property and infrastructure securities.
  • 14. Slide 14 Level 1, 462 464 Peel Street TAMWORTH NSW 2340 AFSL No. 424658 Thank you Questions ?

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