Welcome to 2018!
It’s the start of what I’m sure will ultimately prove to be a very interesting year, with a wide variety of issues escalating on the world scene, and a string of financial impacts that are either evident (AFR’s article that the Banks plan to cut staff by 20,000 this year), or perceived but the reality of which is unknown (the present slowing of the property market, is it temporary or the first sign of more?).
There is no specific predictor or prediction out there that truly has the credence of being the answer to the future; that is other than the fact that December 2018 is likely to be a very different space to December 2017.
If all goes well, what changes will change at a relative pace that many can cope with but there remains the possibility that circumstances could quite easily get out of control.
Our focus this year will be on the preservation of value, hopefully mainly by getting into problem situations earlier and preventing a collapse, or in the alternate, by devising more effective ways of protecting value through a corporate or personal failure.
We also have the Banking Royal Commission, I’m not sure what the outcome of this will be other than to say that I truly fear that there are many out there that will not be happy with the process when it is over. It will be interesting to watch though.
So as we move out of first gear and into second in this first week prepare for the rush; if its anything like last year we’ll be in top gear by the end of the month and it will be non-stop from then on.
I’ll see you all in about a month for Christmas! At least that’s what last year felt like.
A great 2018 to all.