Australian property is not immune to global macroeconomic and secular trends, including the Amazon effect that has almost decimated retail. Like the hermit crab, the search for yield and the need for diversification will inevitably nudge investors to consider opportunities beyond core sectors and local markets.

Why are we so afraid of sharks? This is probably fuelled by our fear of the unknown, where the uncertain depths of the oceans are filled with mystery, engendering the perceived likelihood of being attacked.