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Economic Update Down Under
Allen & Overy LLP, Frankfurt
On Wednesday 26th March, ABIE members and friends were provided with an Economic Update on Australia by Peter Sargent, Head of Global Loans and Transaction Banking with ANZ Banking Group.
The event was supported by Austrade, who were instrumental in securing Peter for the presentation and Allen & Overy LLP who provided one of their Board Room’s as the venue for the event.
Peter Sargent provided an excellent overview of Australia’s current financial standing in terms of Balance of Trade, major projects – completions and those still in progress, interest rates, Consumer confidence, labour costs and opportunities for development and investment.
Peter also provided a strong perspective as to why Australia is a strong economy to invest in and why it is so well located, from a strategic point of view, to the growing markets in Asia.
Peter presented a number of interesting slides throughout his presentation and these will be available shortly on this website.