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1.
3. 1.
4. Global Scene
5. The GFC: What Went Wrong? Too many loans (sub-prime mortgages, infrastructure bonds and property loans) were made without consideration of prudential guidelines.
Around 3% of the world’s financial assets (of $US 310+ trillion) and half the world’s stockmarket capitalisation ($US 60 trillion in June 2008) were “lost”
The damaged securities were classed as “toxic assets”, similar to the “junk bonds” of the 1980s.
However, the write-downs are excessive, and bargains are beginning to appear,
The stockmarket is the one to watch for an economic recovery as it is usually 6-9 months ahead of the economy. It seems to have bottomed-out in March 2009
6. World GDP GrowthReal growth (PPP), 1950-2009(F)
7. World’s 30 Largest Economies 2009 (F)
8. Economic Growth: 2009 (F)20 Largest Economies (ppp ranking)
9. Economic Growth: 2010(F)20 Largest Economies (ppp ranking)
10. Asia Economyppp terms 2009 (F)
11. Australia
12. When it comes to the Australian economy, we don’t know we’re alive! In the Industrial age from 1865-1964 there were 27 negative growth years in GDP - every 3-4 years apart on average - with average falls of 4.7%.
In the New Age from 1965, there have been just two negative years, 22 years apart on average and with average falls of just 1.5%!
13. Australia’s Economic GrowthReal growth in GDP 1860 to 2013
14. Australian Index of Consumer Sentiment2 months progressive to July 2009
15. Economic GrowthAnnual real GDP growth (%) progressed in quarters to March 2009 (and forecast to June 2013)
16. Unemployment in AustraliaAnnual, 1890-2008 (with forecasts to 2012)
17. Indicator Lending RateMaximum Overdraft
18. South Australia
19. Australia’s Economy & Population F2009 (F)
20. Economic Growth: SA Real growth F1991-2008
21. Adelaide House Prices% change over a year to March 2009
22. Southern Adelaide
24. At A GlanceF2009
25. Southern Adelaide By LGA (% of total basis) F2009
26. 2.
27. Australia’s Market Demand Year To March 2009
28. Household Consumption
29. Australian Household Expenditure Year to March 2009
30. Changing Household Expenditure% of total basis
31. Capital Expenditure
32. Components Of InvestmentYear To March 2009
33. ExportsOf Goods & Services
34. Australia’s Exports Market C2008
35. 3.
36. Australia’s Economic Progress Dominant Industries Period
I Hunting Age Hunting, fishing & gathering -1820
II Agrarian Age Agriculture, Government 1821-1864
Resources & Commerce
III Industrial Age Manufacturing, Commerce,
Govt. Adm. & Resources
IV Infotronics Age Service industries, Electronics 1965-2040s
& Knowledge
V Enlightenment Knowledge, Services and Space 2040s -
37. Australia’s Economic GrowthGDP @ Constant F2008 Prices 1788-2009 (F)
38. Changing Importance of Australian Industry Share of GDP* by Industry Division
39. Australia’s Industry Mix Shares of GDP in constant F2007 price terms Year to March 2009
40. Outsourcing Creates Most Industries We outsourced the growing of things to create the agriculture industry, aided by new technologies
We outsourced the making and building of things to create the industrial age industries of manufacturing and construction, aided by new technologies and utilities.
We are outsourcing services (household services and business functions) to create the current infotronics age from 1965-2040s, aided by new systems & technologies and a new utility sector.
41. Household Outsourcing in The New Age Entertainment
Hospitality Clubs
Taverns, Pubs and bars
Casinos, other gambling
Tourism
Hotels, motels, guesthouses etc
Entertainment centres, theme parks,
Air travel, boat travel, car rental
Meals
Fast Food outlets
Theme Restaurants.
Home delivery (of fast food).
Finance, Investment & Legal
Investment Advice & Management
Tax Planning & Returns
Legal services
Health
Wellness
Home nursing, aged care at home.
Home masseur treatment.
Childminding
Nanny services, child minding centres.
Maintenance
Room/house painting
Home Repairs
Electrical
Plumbing etc
Gardening/Exterior
Landscaping, clean-ups.
Lawn mowing
Pool Maintenance.
Hair & Beauty
Hairdressers/beauty salons
Hair restoration
Sexual Services
Sexual services
Cleaning
Laundry, dry cleaning services.
Internal cleaning.
External cleaning
Car maintenance
Detailing, oil changes, brakes etc
42. Household Outsourcing In The New Age1 F2009 (F)
43. Business Outsourcing in the New Age Trucking
Road transport industry.
Cleaning
Office, factory, hotel etc.
Laundry, work clothes.
Canteens, Dining Rooms
Caterers.
Maintenance
Painting .
Engineering.
Carpentry.
Security
Security systems.
Surveillance services.
Personnel
Recruitment.
Out placement.
Training.
Reception
Serviced offices.
Accounting
Payroll, Invoicing, Share Registers
Full contract accounting.
Superannuation administration.
Computing
Software development & writing.
Computer services (IT outsourcing)
Property
Property trusts,
Property management
Marketing
Advertising, media buying
Call Centres
Distribution
Warehousing & Delivery
Information & Planning
Database services Strategic and Other Consulting
Franchising
Operations.
44. Business Services In Australia % of total revenue basis F2008
45. Overseas Outsourcing to Australia Tourism
Incoming visitors.
Travel/booking services
IP & Business Services
Designs, patents (eg. Orbital Engine Co).
Systems intellectual property eg. franchises, licences.
Technical know-how.
Education
Tertiary & lower education (incoming students and outgoing teachers).
Electronic education (satellite, diskettes, CDs, videos etc).
Health
Surgery and recuperation /sanatorium services.
IC&T
Software, selected hardware, on-line information
Meteorological information etc.
Communication services
Sport
Competitive (regional & world events).
Manufacturing
Value-added resources.
Downstream manufactures (from resource strengths).
Unique manufactures.
Services (advisory).
Mining
Energy minerals (oil, gas, uranium, coal).
Metals (iron ore, alumina, nickel, gold).
Non-metallic (rare earths).
Services.
Agriculture
Crops (cotton, new fruit & vegetable, sorghum, oilseeds, rice).
Livestock (beef).
Fishing (fish farming).
46. Fastest Growing Industry ThemesNew Age 1965-2040s Business Services – outsourcing non-core functions.
Financial Services - outsourcing of transactions/investment.
Property Services - outsourcing property ownership.
Knowledge Industries - databases & multi-media services.
Health - outsourcing home doctoring.
Education - outsourcing pre-school, plus universities.
Personal & Household Services - outsourcing chores.
Cafes, Restaurants & Catering - outsourcing the kitchen.
Tourism - outsourcing travel and accommodation.
Recreation & Cultural Services - outsourcing leisure.
Mining – energy minerals (oil, gas, coal, uranium)
IC&T - the New Age all-pervasive utility.
Biotechnology & Nanotechnology – New Age technologies.
47. 4.
48. Employment By Industry Sectors Australia June 2009, Share of Total Employment
49. Employment Growth By Industry 5 year growth to June 2009, ‘000 persons
50. Industry Employment Comparisons (% of total basis) F2009
51. Where The Money Is By Industry Full-Time Total Adult Earnings, Year to March 2009 ($’000)
52. 5.
53. Profitability of Top 1800 Businesses Weighted ROSF (after tax), 5 years to F2006
54. What the Best Enterprises Are Doing 1. They stick to one business at a time and do not diversify
2. They aim to dominate some segment (s) of their market
3. They are forever innovative, valuing the business’ IP.
4. They outsource non-core activities to enable growth.
5. They don’t own “hard” assets.
6. They have good and professional financial management.
7. They plan from the outside-in not the inside-out
8. They anticipate any new industry lifecycle changes.
9. They follow world best practice for their own type of business.
10. They develop strategic alliances.
11. They develop unique organisational cultures.
12. They value leadership first and management second.
55. 6.
56. In the emerging borderless world of the 21st Century, an enterprise needs at least to know and emulate World Best Practice for their own class of industry (one of 500 in the economy).
57. What it is
Unique intellectual property could best be described as a “cocktail” of:
skills, special competencies, unique systems;
patents, trademarks & brands;
organisational culture, customer relation protocols;
vision, plans and documented achievable strategies.
It is the "holy grail" of a enterprise, its core and its most valuable balance sheet asset, whether recorded as such in dollar terms or not.
59. To download this presentation go to: www.ibisworld.com.au