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

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) can’t afford our gold plated pension schemes RPRC Breakfast, University of Auckland, April 13

It’s all about de - leveraging RPRC Breakfast, University of Auckland, April 13

Deposits and LVRs RPRC Breakfast, University of Auckland, April 13

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

Giant debt boom RPRC Breakfast, University of Auckland, April 13

The growth was false RPRC Breakfast, University of Auckland, April 13

Bigger than 1929 RPRC Breakfast, University of Auckland, April 13

Lending collapse RPRC Breakfast, University of Auckland, April 13

Big fat ATM RPRC Breakfast, University of Auckland, April 13

Same here too RPRC Breakfast, University of Auckland, April 13

Bubble pumped up RPRC Breakfast, University of Auckland, April 13

Way too much air RPRC Breakfast, University of Auckland, April 13

So what happens now? Deleveraging has only just begun RPRC Breakfast, University of Auckland, April 13

Pass the parcel RPRC Breakfast, University of Auckland, April 13

7 years long 25% of GDP = NZ$45 bln RPRC Breakfast, University of Auckland, April 13

Not sustainable RPRC Breakfast, University of Auckland, April 13

Not sustainable RPRC Breakfast, University of Auckland, April 13

Indebted future RPRC Breakfast, University of Auckland, April 13

Saving more RPRC Breakfast, University of Auckland, April 13

Weak spending RPRC Breakfast, University of Auckland, April 13

Weak lending RPRC Breakfast, University of Auckland, April 13

Slow turnover RPRC Breakfast, University of Auckland, April 13

House price fall? RPRC Breakfast, University of Auckland, April 13

House price fall? RPRC Breakfast, University of Auckland, April 13

Beep Beep RPRC Breakfast, University of Auckland, April 13

Rising interest rates RPRC Breakfast, University of Auckland, April 13

Variable cheaper RPRC Breakfast, University of Auckland, April 13

Mind the Gap RPRC Breakfast, University of Auckland, April 13

One big boom RPRC Breakfast, University of Auckland, April 13

Battle of generations RPRC Breakfast, University of Auckland, April 13

So many old, sick people RPRC Breakfast, University of Auckland, April 13

Indebted future RPRC Breakfast, University of Auckland, April 13

Indebted future RPRC Breakfast, University of Auckland, April 13

A debate is required RPRC Breakfast, University of Auckland, April 13

Who will pay and how? RPRC Breakfast, University of Auckland, April 13