Over 60 Chamber members heard a breakfast conversation that matters with John Hale on the Transitional Economy of 2012 – 2020
A thorough study of demographics and the economy reveal that it is people, not policy, that determine our collective financial fate; large scale economic supply and demand. We know that peak debt for a person happens around age 35 (first or second mortgage). Our peak spend happens at age 45 (family expenses are the highest) and by age 60 we become savers, with little expenditure to stimulate demand and very little input into the economy. With those born before 1964 making up 43% of our population here in Australia, the ‘boomer effect’ by 2015 will be biting on every Australian’s hip pocket. Those who are informed and prepared will suffer less.
Join us for this vital breakfast presentation to
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Understand why this mini bull market won’t last.
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Prepare for the real bear.
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Learn how to survive and prosper in a long term deflationary cycle.
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Make an action plan for 2011 that will protect you in the years ahead.
Presenter:
John Hale is the founder of Next Step Consulting and has held educational appointments at Singapore Management University, Melbourne Business School, Bond University and the Graduate School of Management at Southern Cross University teaching both MBA and Executive MBA students. John has worked as strategic advisor to hundreds of private and public sector organisations and leads this year’s regional business education series in partnership with Westpac Banking Corporation. Details regarding the purchase of discounted Gold Passes for 2011’s Westpac Spirit of Business series with John Hale