Dear %%first_name%%,

I know the share market doesn’t look like a fun place to be right now, but haven’t I been saying for ages that a pullback was on the cards? The problem now is timing what I like to call BO, or a buying opportunity. I’m holding fire for now, but you’ll be the first to know when I do start getting in.

Also in the <em>Switzer Super Report</em> today, we have head of research at Kimber Capital, Greg Fraser giving us the lowdown on Crown and its plans for Barangaroo. Paul Rickard gives the BT income funds a good road test and Rudi Filapek-Vandyck finds that despite the rash of downgrades, there are still some stocks in favour, like Asciano and AWE.

We have the regular auction clearance stats from the weekend, and some tips on how to make sure you get tax deductions on personal superannuation contributions from Tony Negline.

And we’d also like to extend a callout to our valued subscribers for a very special Webinar on Friday, where you can ask Paul Rickard anything you like about SMSFs.



Sincerely,

Peter Switzer

As concerns about the future of China build, attention naturally turns to the future of the resources sector. But while tables like the below show that the first phase of the resources boom may be nearing completion, according to the Bureau of Resources and Energy Economics (BREE), it also highlights the massive amount of funds in committed resource projects.


Of the $268 billion in committed projects, $8 billion will be completed in 2014 and $63 billion is expected to be completed in 2015.


After 2017, BREE says the stock of committed investment in the mining sector will revert to levels comparable with 2007.