We think the best opportunities for SMSF investors are broadly outside Australia at the moment. We can still find things to buy in Australia but they are mainly globally exposed.
We think the Australian economy is the least attractive of the global economies, so most of the money is outside Australia and we are a little bit worried about the Australian dollar as well.
I think the outlook for global markets is better than the local market, I think the Australian market could still go up to 6000 by the end of the year but I think other markets will do better, especially Hong Kong and the Euro zone.
