Update- What happens when the mineral boom ends? To think that the end of the mining boom will not be bad news for Australia in the short term is to be naive. The writing is on the wall for commodity prices but export volumes will continue to rise given the additional 2 billion middle class expected to come from BRIC (Brazil, Russia, India, China) and MISKT (Mexico, Indonesia, South Korea, Turkey) over the next 10 to 20 years. The outcome must be significant revenue and sales drivers for soft/hard commodities, products and services just to keep up with the demand being generated from this growing middle class. This is the key and compelling reason behind why it is most important to remain focused on the purchase and accumulation of quality assets at reasonable or better still discounted prices. At Newealth we are always looking to innovate and improve our ongoing services wherever possible and if you have any ideas or comments, please feel free to email me via ‘Contact Us’ at www.newealth.com.au or to call me on +61 2 9267 2322.
5th-September-2012 | 
