Darrly conroy presentation at SCBCS Launch 20111027

Living on the Edge

Darryl Conroy

Financial Markets Analyst

October 2011

Dieselpower83

General Advice Warning

• This advice has been prepared without taking into account your particular objectives, financial situation or needs. For that reason, before acting on the advice you should consider the appropriateness of the advice having regard to your own objectives, financial situation and needs.

• Where the advice relates to the acquisition, or possible acquisition, of a particular financial product, you should obtain a Product Disclosure Statement relating to the product and consider the Product Disclosure Statement before making any decision about whether to acquire the product.

Where do we sit ?

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Australia

Julian Wilson

Climbing the Wall of Worry

• Sovereign Debt Woes

• US Debt Debacle

• Chinese Property Bubble

• Political & Social Unrest

• Inflation / Deflation

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Australia’s Exports by Destination

Destination 1999/2000 2009/2010 Change

China 5.1 23.2 355%

Japan 19.3 18.5 - 4%

South Korea 7.8 8.2 5%

India 1.6 8.1 406%

United States 9.9 4.8 - 52%

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Why So Confident ?

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4 Ugly Sisters

Interest Rates 0.25% 1.50% 0.50% 0.10%

Debt to GDP 62% 85% 76% 198%

Budget Deficits -8% -6% -10% -8%

Unemployment 9.1% 10% 8.1% 4.3%

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Gold & Silver Shine

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Housing Sector

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Households

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Cash Rate Cut ?

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Aussie Dollar

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Final Word

“Be Prepared for Anything”

Mr Allan Gyngell AO – ONA16