Latest April 2015 Economic Insights - Glimpse the Future of Business by Asher Judah

Latest April 2015 Economic Insights – Glimpse the Future of Business by Asher Judah

Summary of key points from Asher Judah’s speech today in Melbourne.

  • During the next 30 years over 3.1 billion people are forecast to join the global middle class. This change in the global economy will create amazing opportunities for Australian businesses seeking to expand their customer base.
  • Mapping data (similar to heat maps of demographic activity) can be very effective in identifying concentrated indicators.
  • Australia has only 18 regions with the largest economic activity.
  • Raw materials consumed in the next 50 years will be greater than that consumed any time in history.
  • The success of millions of future unbanked services require recognition of what really matters.
  • Future opportunities will rely on proximity vs connectivity, talking vs doing, upgrading modes of trade for greater capacity at lower costs and improving local knowledge of foreign markets.
  • Governments can’t regulate or plan for success.
  • In the next 15 years China won’t be nearly as strong as it is today.
  • You can’t regulate Australian freedom – freedom will always prevail!

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