don't expect to see a great deal of deviation from that which we've seen in

the past so accordingly mining mining infrastructure and mining investment

will continue to be a catalyst for inbound investment but we also think

that in the energy space for renewable energy particularly solar and wind to a

lesser extent certainly hydro and battery storage will continue to be a

driver in that area as well Australia's position as one of the top

10 producers of agricultural products will continue to drive growth protein

both meat and fish as well as grain and other horticultural products will be

very large on the horizon for inbound investment in that respect watch out for

the development of the Northern Territory and the Australian

Government's and the Northern Territory government's pushing to agriculture in

that state and Australia of course continues to be a major tourism

destination but the differential between the number of tourists inbound and hotel

rooms means that there's a significant amount of leisure property investment

which we'll see driving parts of certainly the East Coast and the West

coast of Australia to cater for that inbound leisure and tourism development

Australia's financial institution and its financial system is one of Australia

Pacific's largest you'll see a number of big Australian financial institutions

continue to analyze exactly what its core propositions are and you'll see

some Aussie financial institutions start to divest in some non-core assets

Australia's superannuation and funds under management industry which is

currently standing at about 2.1 trillion dollars is slated over the

next 15 years to grow to around about 7.5 trillion dollars

therefore coming out of that you'll see significant opportunity as Australian

fund managers look for investment opportunities both at home but more

importantly on income producing assets abroad so looking forward we'll continue

to see active balance sheet management by large Australian companies and the

22,000 foreign entities that are operating in Australia will see the

expectation of a 75 to 80% level of the Australian dollar

against the US dollar continue to throw up opportunities both greenfield and

brownfield in sectors that we talked about previously given Australia's

relatively benign foreign investment regime and given the pipeline of

extensive opportunities across the sector's we've talked about Australia

still remains one of the more attractive global destinations for foreign investment