||Tuesday, 13 September 2016
||Stamford Plaza Hotel
||Wednesday, 14 September 2016
||Four Seasons Hotel
||Thursday, 15 September 2016
||Park Hyatt Hotel
||Tuesday, 20 September 2016
||Thursday, 22 September 2016
||Hyatt Regency Hotel
It will take time for non-mining sectors to emerge from the ashes of the mining boom.
Mining investment bust only halfway through. Offset by production coming on stream.
Strengthening GDP growth but weak domestic demand. Without mining, the economy is weak. But the economic drivers are cyclical:
- The lower dollar is critical for structural change.
- The residential building cycle has run its course and will turn down next year.
- Infrastructure spending is on the threshold of an upswing after years of decline,
- Businesses not ready to invest yet. Demand and profits weak. Excess capacity delaying investment.
- External influences from China, Brexit and overseas interest rates.
- Uncertainties over Government decision making may impact businesses.
The seeds of recovery are in place. Improved competitiveness from the lower dollar will boost export & import-competing industries. After a decade suppressed by the high dollar, they will be the first industries to invest, stimulating services demand and broadening through non-mining industries. That will drive growth, employment and population in those regions.
Already, NSW and Victoria are the strongest growth states, with mining states weakening.
The broadening to non-mining growth and investment and hence a stronger economy is still a long way off.
The transition is structural and agonisingly slow. It could have been a lot worse.
Our 105th bi-annual Business Forecasting Conferences will provide a clear picture of the economic and industry outlook. We examine economic conditions, emerging structural and cyclical shifts, policy issues, the logic of investment, regional and industry prospects, financial and business conditions and issues businesses will face. These briefings held since 1964, assist decision makers to formulate business strategies and actions. Delegates receive a Chart Book and key forecasts.