1. Economy Strong or weak?
Craig James, Chief July 2017

2. Important Information
This presentation has been prepared without taking account of the objectives, financial situation or needs of any particular individual. Before acting on the information in this seminar, you should consider its appropriateness to your circumstances and, if necessary, seek appropriate professional advice.
Commonwealth Securities Limited ABN AFSL (CommSec) is a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN and a Participant of the ASX Group.
Examples used in this presentation are for illustrative purposes only.

3. Overview Global growth lifts New US government Inflation still low
Higher US rates
Infrastructure
Mixed housing markets
Housing market landing

4. US: Lower taxes ahead? Growth with no inflation

5. China: Consumers to lead

6. Australia: The economy did what?
Australia: World’s longest economic expansion

7. Concerned consumers; Buoyant business

8. Despite slower wages, still spending

9. Regional spotlight

10. Regional spotlight

11. Selected Regional Projects

12. Infrastructure Australia
Source: Macromonitor

13. Home prices
Home prices: Supply & demand, affordability

14. Rates & shares: Low inflation, yield, Trump

15. Currency: US interest rates, Trump tax plans

16. Radar Screen
Trump
Oil prices
US Federal Reserve
Home Prices
Inflation
Job market

17. Outlook 2017/18