Ann: Shaw and Partners Emerging Leaders Presentation, page-36

Isn't that a little contradictory? Specifically these two statements:

"The dollar is headed down and interest rates up"
and
" the economy is likely to stall - meaning job losses, defaults, lower sales, higher prices and likely fall in property prices."

Firstly, if interest rates go up, the dollar will generally go up with it
Secondly, if the economy stalls and jobs are lost, why would prices rise?
Thirdly, if property prices fall significantly, don't you think a rising cash rate will just make it worse?

I could go on, but macroeconomic predictions are extremely difficult and never a certainty. I go into the position knowing these things, but making blanket statements like this is not really helpful in establishing an investment case.

Remember, property price falls have been predicted for a long, long time, and they're yet to eventuate. (I'm not arguing that they will or won't, only that these forecasts are far from certain)