Filipinos and Americans will never have a better time to invest in Australia. Basically there are 3 classes of investment that make particular sense:
1. Gold stocks - of course it depends on which ones. We are looking for big stocks like Lihir Gold.
2. Food stocks - of course it depends on which ones. Food prices are collapsing but that does not change the fundamentals. People still eat in recessions, they though they might change the nature of what they eat. Less food? I think less meat, more fats and carbohydrates.
3. Rural property - of course it depends on where. I suggest rural properties around coal mining areas in the Liverpool Plains of NSW, and the Darling Downs of Queensland (because coal seam gas extraction in this area is going to see an immense increase in investment in future years).
4. Food stocks in NZ: The other alternative is food stocks in New Zealand. But I prefer Australia. NZ has more depth in food though. Mostly Australia is family-owned business, so unless you are looking at acquiring farms, its not the best market. There is a challenge here too with water rights regulation.
The peso and USD have seldom looked as good against the $A, but it wont stay that way, which is more the reason why people should be investing here. The country is in good shape, and it will just get better once the crisis shaking out metal markets achieves some stability. The A$ has fallen from 40 pesos to 30 pesos in recent months. The money should be flowing back the other way now. Too bad if your relatives spent it :)
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Andrew Sheldon www.sheldonthinks.com
1. Gold stocks - of course it depends on which ones. We are looking for big stocks like Lihir Gold.
2. Food stocks - of course it depends on which ones. Food prices are collapsing but that does not change the fundamentals. People still eat in recessions, they though they might change the nature of what they eat. Less food? I think less meat, more fats and carbohydrates.
3. Rural property - of course it depends on where. I suggest rural properties around coal mining areas in the Liverpool Plains of NSW, and the Darling Downs of Queensland (because coal seam gas extraction in this area is going to see an immense increase in investment in future years).
4. Food stocks in NZ: The other alternative is food stocks in New Zealand. But I prefer Australia. NZ has more depth in food though. Mostly Australia is family-owned business, so unless you are looking at acquiring farms, its not the best market. There is a challenge here too with water rights regulation.
The peso and USD have seldom looked as good against the $A, but it wont stay that way, which is more the reason why people should be investing here. The country is in good shape, and it will just get better once the crisis shaking out metal markets achieves some stability. The A$ has fallen from 40 pesos to 30 pesos in recent months. The money should be flowing back the other way now. Too bad if your relatives spent it :)
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Andrew Sheldon www.sheldonthinks.com
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