and the costs of retiring baby- boomers will spark Super debate - - PowerPoint PPT Presentation

▶

and the costs of retiring baby

and the costs of retiring baby- boomers will spark Super debate - - PowerPoint PPT Presentation

Sep 07, 2023 235 likes •609 views

Why de-leveraging and the costs of retiring baby- boomers will spark Super debate RPRC Breakfast, University of Auckland, April 13 We (and the world) cant afford our gold plated pension schemes RPRC Breakfast, University of Auckland,

slide-1

SLIDE 1

Why de-leveraging and the costs of retiring baby- boomers will spark Super debate

RPRC Breakfast, University of Auckland, April 13

slide-2

SLIDE 2

We (and the world) can’t afford our gold plated pension schemes

RPRC Breakfast, University of Auckland, April 13

slide-3

SLIDE 3

It’s all about de- leveraging

RPRC Breakfast, University of Auckland, April 13

slide-4

SLIDE 4

Deposits and LVRs

RPRC Breakfast, University of Auckland, April 13

slide-5

SLIDE 5

With 95% LVR Leverage 20 to 1 $50k = $ 1mln But 80% LVR Leverage 5 to 1 $50k = $250k

RPRC Breakfast, University of Auckland, April 13

slide-6

SLIDE 6

Giant debt boom

RPRC Breakfast, University of Auckland, April 13

slide-7

SLIDE 7

The growth was false

RPRC Breakfast, University of Auckland, April 13

slide-8

SLIDE 8

Bigger than 1929

RPRC Breakfast, University of Auckland, April 13

slide-9

SLIDE 9

Lending collapse

RPRC Breakfast, University of Auckland, April 13

slide-10

SLIDE 10

Big fat ATM

RPRC Breakfast, University of Auckland, April 13

slide-11

SLIDE 11

Same here too

RPRC Breakfast, University of Auckland, April 13

slide-12

SLIDE 12

Bubble pumped up

RPRC Breakfast, University of Auckland, April 13

slide-13

SLIDE 13

Way too much air

RPRC Breakfast, University of Auckland, April 13

slide-14

SLIDE 14

So what happens now? Deleveraging has only just begun

RPRC Breakfast, University of Auckland, April 13

slide-15

SLIDE 15

Pass the parcel

RPRC Breakfast, University of Auckland, April 13

slide-16

SLIDE 16

7 years long 25% of GDP = NZ$45 bln

RPRC Breakfast, University of Auckland, April 13

slide-17

SLIDE 17

Not sustainable

RPRC Breakfast, University of Auckland, April 13

slide-18

SLIDE 18

Not sustainable

RPRC Breakfast, University of Auckland, April 13

slide-19

SLIDE 19

Indebted future

RPRC Breakfast, University of Auckland, April 13

slide-20

SLIDE 20

Saving more

RPRC Breakfast, University of Auckland, April 13

slide-21

SLIDE 21

Weak spending

RPRC Breakfast, University of Auckland, April 13

slide-22

SLIDE 22

Weak lending

RPRC Breakfast, University of Auckland, April 13

slide-23

SLIDE 23

Slow turnover

RPRC Breakfast, University of Auckland, April 13

slide-24

SLIDE 24

House price fall?

RPRC Breakfast, University of Auckland, April 13

slide-25

SLIDE 25

House price fall?

RPRC Breakfast, University of Auckland, April 13

slide-26

SLIDE 26

Beep Beep

RPRC Breakfast, University of Auckland, April 13

slide-27

SLIDE 27

Rising interest rates

RPRC Breakfast, University of Auckland, April 13

slide-28

SLIDE 28

Variable cheaper

RPRC Breakfast, University of Auckland, April 13

slide-29

SLIDE 29

Mind the Gap

RPRC Breakfast, University of Auckland, April 13

slide-30

SLIDE 30

One big boom

RPRC Breakfast, University of Auckland, April 13

slide-31

SLIDE 31

Battle of generations

RPRC Breakfast, University of Auckland, April 13

slide-32

SLIDE 32

So many old, sick people

RPRC Breakfast, University of Auckland, April 13

slide-33

SLIDE 33

Indebted future

RPRC Breakfast, University of Auckland, April 13

slide-34

SLIDE 34

Indebted future

RPRC Breakfast, University of Auckland, April 13

slide-35

SLIDE 35

A debate is required

RPRC Breakfast, University of Auckland, April 13

slide-36

SLIDE 36

Who will pay and how?

RPRC Breakfast, University of Auckland, April 13