One only has to look at the previous 'forecasts' (sorry that should be guesses) from BIS Shrapnel to understand that they offer very little credibility to their forecasts actually coming true.
Here are some of the great forecasts that they have made over the years.
House prices 'expected to rise by 40 percent' http://www.news.com.au/adelaidenow/story/0,22606,23445297-913,00.html?from=public_rss
CBD office rents to scrape the sky http://www.theaustralian.news.com.au/story/0,,23990959-25658,00.html?from=public_rss
Mining sector to keep Australian economy from stalling for 5 years http://www.energyme.com/business/2008/20080200219.htm
Inflation to stay high: BIS Shrapnel http://news.ninemsn.com.au/article.aspx?id=443377&rss=yes
Its wonder how these fools are still in business, the above is a small cross section of articles that I have found in 10 minutes to question their credibility.
