Significant re-rating on the horizon, page-58

I've never shorted stocks (don't believe in the process) but understand it needs to be done through a broker and there are two types.......

The most common way is called “Covered Short Selling” and it involves “borrowing” the shares from someone else (organised by your stockbroker).

Another way is to “Naked Short Sell” and it involves a stockbroker placing a sell order on your behalf, even though you haven't borrowed any shares (hence the term "naked"). To close the trade you must buy back the exact number of shares that you originally sold.

http://www.marketindex.com.au/short-selling