Investor Presentaiton

A FEW BASICS - AUSTRALIA IS A CAPITAL IMPORTING COUNTRY Domestic Saving and Investment as % of GDP CBF 35% Mining investment boom 30% 25% 20% Domestic savings rise post "GFC" Domestic Savings Domestic Investment 15% 10% Foreign Capital Requirement % of GDP Qu: What happens when Australia requires less capital but demand for assets is strong? 9% 6% 3% 0% -3% -6% 80 82 84 86 88 90 92 94 96 98 00 02 04 06 08 10 12 14 Source: ABS, CBRE Research Y

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