Hamilton By Design | SolidWorks Solidworks Designer: Structural Drafting : Steel structures are widely used in steel building designs an...
Showing posts with label solidworks. Show all posts
Showing posts with label solidworks. Show all posts
Friday, December 25, 2020
Solidworks Designer: Solidworks Designer: Structural Drafting
Solidworks Designer: Solidworks Designer: Structural Drafting:
Tuesday, June 25, 2013
The Aussie Dollar
It’s now almost 30 years since the float of the Australian dollar and rarely has it been stronger than in the past few years.
Only now are investors, surprised at the rapidity of the recent drop, waking up to this fact. The economy is starting to feel it too, with Ford closing down local operations, local tourism struggling as Australians head overseas and now Holden giving an ultimatum to staff: accept pay cuts or risk losing your job.
Many people explain away this strength with the phrase ‘‘commodities boom’’, but it’s more complex than that.
There are five key influences on the Australian dollar and each in its own way offers a clue as to how low the dollar might fall.
1. Interest rates
If you can borrow at 0.25 per cent in Europe, the US or Japan and can invest it in Australian bonds, assets or bank accounts paying 3-4 per cent, plus capital gains, why wouldn’t you?
National Australia Bank recently estimated that the upward pressure on the local currency as a result of the US Federal Reserve’s zero interest rate and their quantitative easing program could be worth as much as 20 cents in the Aussie.
And of course, those global investors could look at the Reserve Bank and feel pretty safe that if it were to reduce rates, it would do so cautiously and gradually.
For the last few years, Australia has been a giant post box for international hot money. Right now, that reputation is under pressure.
2. Global and Australian growth
In addition to relatively high rates, global investors flocked to Australia after 2009 due to the resilience of the Australian economy, assisted by local and Chinese stimulus.
We didn’t have a housing crash and we didn’t follow the US and UK economies into deep recession, which is why we became a safe harbour.
3. The US dollar
The US dollar is the most under-appreciated driver of the Aussie dollar.
Traders and investors talk about growth, interest rates, the mining boom, the budget position and household debt, but on the other side of the AUD/USD currency pair the same questions are asked of the US as an input into the Aussie.
The perceived value of the US dollar is an important factor in the relative price of the Aussie and, after a long period of weakness, it’s likely to grow in strength.
4. Investor sentiment
When we see a convergence of major drivers like this, investor sentiment itself becomes a fourth driver. Here, we enter the currency expectations market.
Since 2009 large speculators – hedge funds and the like – have been supporters of the Aussie dollar for all but a brief period of market instability in the middle of last year when the euro teetered.
Generally, global speculators have been supporters of the Australian dollar since the global financial crisis. That is now on the verge of a reversal.
5. Technicals
The Aussie has had strong technical chart since the GFC: every new move led to a new high and every dip was followed by a rebound. Even as volatility reached extreme levels in the past few years, the chart for the Aussie remained indomitable. Its safe-harbour status was never breached in a technical sense. That encouraged speculators and investors to buy the dips whenever global trouble loomed.
That’s how we got to where we are. To see where we might go, let’s examine these five key drivers from the other angle.
Australian interest rates are falling much further than most forecasters anticipated. The main cause is that Chinese growth is slowing faster than many expected (although not us), pushing down the key export prices that drove Australia’s commodity boom. As a result, mining projects have been cancelled en masse. Yet the boom ran long enough for mining companies to believe it would last.
Even with the cancelled projects, lots of new supply is on the way, just as China slows. This will drive commodity prices down further still.
The likelihood is that Chinese and Australian growth, and Australian interest rates, will fall further. So although the carry trade into the dollar is still positive, with declining yields and an increased risk of capital loss, it now faces more headwinds.
To make matters more difficult for the Aussie, the US housing market is recovering. Although fiscal challenges loom and monetary policy is still very loose, markets are beginning to price in stabilisation to the former and a tightening in the latter.
In the passing beauty parade of foreign exchange, the US dollar is being viewed as the least ugly. As the US dollar index rises it is hitting a variety of asset classes, including gold and the Aussie dollar.
Sentiment among hedge funds and speculative traders – see recent comments by George Soros and Stanley Druckenmiller – has turned against our currency.
As recently as April this year, the Aussie was trading above $US1.05 before the recent fall took it to around $US0.92. That’s a fall of about 12 per cent.
So, how low can it go?
NAB recently suggested the $A could fall to 87 US cents by December 2014. But let’s remember that for all the extreme recent calls about the crash in the Aussie and the impending doom facing it, the reality is that it is simply back at the bottom of what might be considered a wide 10-15 cent range it has been in since breaking up through 94 US cents in mid-2010.
This sell-off is not all that shocking and the forecasters of doom forget this.
A fall below 94 cents would signal a different and lower scenario. Our assessment is that this is likely, especially if the economy weakens due to the withdrawal of mining investment, assuming consumption doesn’t fill the gap.
That may necessitate rate cuts to 2 per cent or just below.
Despite the recent highs, the Aussie dollar’s average remains steadfastly around 75 US cents. It may not revert to the mean but after 22 years without a recession, you wouldn’t want to bet on it.
What might happen if Australia did have a recession?
The answer was offered during the GFC low when global investors believed that was about to happen. Back then it fell to $US0.5960. There’s your answer.
To protect your portfolio against that possibility, and to hedge against falling interest rates, Intelligent Investor Share Advisor has recommended allocating a portion of your portfolio to overseas markets. Each of its model portfolios has an allocation to businesses that stand to benefit from a falling Aussie dollar.
This article contains general investment advice only (under AFSL 282288).
By Greg McKenna and David Llewellyn-Smith of MacroBusiness, in conjunction with Intelligent Investor Share Advisor, shares.intelligentinvestor.com.au.
Only now are investors, surprised at the rapidity of the recent drop, waking up to this fact. The economy is starting to feel it too, with Ford closing down local operations, local tourism struggling as Australians head overseas and now Holden giving an ultimatum to staff: accept pay cuts or risk losing your job.
Many people explain away this strength with the phrase ‘‘commodities boom’’, but it’s more complex than that.
There are five key influences on the Australian dollar and each in its own way offers a clue as to how low the dollar might fall.
If you can borrow at 0.25 per cent in Europe, the US or Japan and can invest it in Australian bonds, assets or bank accounts paying 3-4 per cent, plus capital gains, why wouldn’t you?
National Australia Bank recently estimated that the upward pressure on the local currency as a result of the US Federal Reserve’s zero interest rate and their quantitative easing program could be worth as much as 20 cents in the Aussie.
And of course, those global investors could look at the Reserve Bank and feel pretty safe that if it were to reduce rates, it would do so cautiously and gradually.
For the last few years, Australia has been a giant post box for international hot money. Right now, that reputation is under pressure.
2. Global and Australian growth
In addition to relatively high rates, global investors flocked to Australia after 2009 due to the resilience of the Australian economy, assisted by local and Chinese stimulus.
We didn’t have a housing crash and we didn’t follow the US and UK economies into deep recession, which is why we became a safe harbour.
3. The US dollar
The US dollar is the most under-appreciated driver of the Aussie dollar.
Traders and investors talk about growth, interest rates, the mining boom, the budget position and household debt, but on the other side of the AUD/USD currency pair the same questions are asked of the US as an input into the Aussie.
The perceived value of the US dollar is an important factor in the relative price of the Aussie and, after a long period of weakness, it’s likely to grow in strength.
4. Investor sentiment
When we see a convergence of major drivers like this, investor sentiment itself becomes a fourth driver. Here, we enter the currency expectations market.
Since 2009 large speculators – hedge funds and the like – have been supporters of the Aussie dollar for all but a brief period of market instability in the middle of last year when the euro teetered.
Generally, global speculators have been supporters of the Australian dollar since the global financial crisis. That is now on the verge of a reversal.
5. Technicals
The Aussie has had strong technical chart since the GFC: every new move led to a new high and every dip was followed by a rebound. Even as volatility reached extreme levels in the past few years, the chart for the Aussie remained indomitable. Its safe-harbour status was never breached in a technical sense. That encouraged speculators and investors to buy the dips whenever global trouble loomed.
That’s how we got to where we are. To see where we might go, let’s examine these five key drivers from the other angle.
Australian interest rates are falling much further than most forecasters anticipated. The main cause is that Chinese growth is slowing faster than many expected (although not us), pushing down the key export prices that drove Australia’s commodity boom. As a result, mining projects have been cancelled en masse. Yet the boom ran long enough for mining companies to believe it would last.
Even with the cancelled projects, lots of new supply is on the way, just as China slows. This will drive commodity prices down further still.
The likelihood is that Chinese and Australian growth, and Australian interest rates, will fall further. So although the carry trade into the dollar is still positive, with declining yields and an increased risk of capital loss, it now faces more headwinds.
To make matters more difficult for the Aussie, the US housing market is recovering. Although fiscal challenges loom and monetary policy is still very loose, markets are beginning to price in stabilisation to the former and a tightening in the latter.
In the passing beauty parade of foreign exchange, the US dollar is being viewed as the least ugly. As the US dollar index rises it is hitting a variety of asset classes, including gold and the Aussie dollar.
Sentiment among hedge funds and speculative traders – see recent comments by George Soros and Stanley Druckenmiller – has turned against our currency.
As recently as April this year, the Aussie was trading above $US1.05 before the recent fall took it to around $US0.92. That’s a fall of about 12 per cent.
So, how low can it go?
NAB recently suggested the $A could fall to 87 US cents by December 2014. But let’s remember that for all the extreme recent calls about the crash in the Aussie and the impending doom facing it, the reality is that it is simply back at the bottom of what might be considered a wide 10-15 cent range it has been in since breaking up through 94 US cents in mid-2010.
This sell-off is not all that shocking and the forecasters of doom forget this.
A fall below 94 cents would signal a different and lower scenario. Our assessment is that this is likely, especially if the economy weakens due to the withdrawal of mining investment, assuming consumption doesn’t fill the gap.
That may necessitate rate cuts to 2 per cent or just below.
Despite the recent highs, the Aussie dollar’s average remains steadfastly around 75 US cents. It may not revert to the mean but after 22 years without a recession, you wouldn’t want to bet on it.
What might happen if Australia did have a recession?
The answer was offered during the GFC low when global investors believed that was about to happen. Back then it fell to $US0.5960. There’s your answer.
To protect your portfolio against that possibility, and to hedge against falling interest rates, Intelligent Investor Share Advisor has recommended allocating a portion of your portfolio to overseas markets. Each of its model portfolios has an allocation to businesses that stand to benefit from a falling Aussie dollar.
This article contains general investment advice only (under AFSL 282288).
By Greg McKenna and David Llewellyn-Smith of MacroBusiness, in conjunction with Intelligent Investor Share Advisor, shares.intelligentinvestor.com.au.
Friday, November 9, 2012
Solidworks Central Coast
We use both SolidWorks and AutoCAD every day. Our entire business model
is made up of online customers with local customers making up
about 40%. Many of those customers, where we have never met face to face or
only once at an initial meeting. With each customer, We are able to
adapt and ultimately fulfill their Design / Drafting needs.
We have worked on everything from Government Military projects where we were only permitted "windowed knowledge" of what was being worked on in tandem with a design concept team, high voltage switch gear design and layout for a local biomass to electricity plant, as-built site plans for a refrigeration plant, Cafe fit outs, residential home design, injection molded plastic parts, sand and investment casted parts, patent drawings and illustrations and assistance for an exotic sports car designs.
We have worked on everything from Government Military projects where we were only permitted "windowed knowledge" of what was being worked on in tandem with a design concept team, high voltage switch gear design and layout for a local biomass to electricity plant, as-built site plans for a refrigeration plant, Cafe fit outs, residential home design, injection molded plastic parts, sand and investment casted parts, patent drawings and illustrations and assistance for an exotic sports car designs.
Service Description
Hamilton By Design Base on the Central Coast offer s Drafting & Design service which is dedicated to providing complete
service from conception to completion. Deadlines, Detail and Follow
Through are all required to meet customer expectations, time lines, and
budget. From Automotive based work to Architecture, our team has worked across a range of industries with Solidworks efficient Design and Drafting our goal.
We have worked in the following areas
-Architecture
-Steel Detailing
-Automotive
-Consumer Design
-Industrial Design
-Wiring Schematics
-P&IDs, Piping, Pressure Vessel Design and internals and Plant Layout
-Castings
-Mechanical and Machined parts
-Part Detailing including GD&T
-Electronic Equipment design and placement
-Skatepark Design
-Sheetmetal and Weldments
-Architectural Plumbing and Wiring and a little HVAC
We have worked in the following areas
-Architecture
-Steel Detailing
-Automotive
-Consumer Design
-Industrial Design
-Wiring Schematics
-P&IDs, Piping, Pressure Vessel Design and internals and Plant Layout
-Castings
-Mechanical and Machined parts
-Part Detailing including GD&T
-Electronic Equipment design and placement
-Skatepark Design
-Sheetmetal and Weldments
-Architectural Plumbing and Wiring and a little HVAC
-Pick and Place Machinery
-Conveying and conveyors systems
For more information about a fabulous team of SolidWorks Deign on the Central Coast contact
Wednesday, August 1, 2012
1st Class Drafting Service
At Hamilton BY Design we offer a full range of Computer Aided Drafting services with a personal touch. Customer service is given a high priority.
Drafting Services
- General CAD Drafting including Architectural, Mechanical Engineering and Building services.
- All drawing work undertaken to clients own specifications, using bespoke dwg frames, styles and symbols if required or to Australia Standards.
- General editing and updating of dwgs for 'as installed' etc. from clients CAD files
- Paper to CAD conversion via scanning and onscreen digitizing or of existing drawings into Autocad or DXF format.
- Auto-conversion of scanned dwgs for a fast low cost/quality solution to transferring paper dwgs into CAD.
- 3D drawings for customer visualization or presentation work.
For a 1st class Drafting Service contact www.hamiltonbydesign.com.au
today
DWG | DXF | AutoCAD | Solidworks | Inventor
Thursday, June 7, 2012
Solidworks Designer for the Mining Industry
- Drafting & Design of Fixed and Mobile Mining Equipment
- Equipment to be installed across the world
- Achieving first class innovative product delivery and engineering
- Top Dollars paid for the right candidate
- Growing and Successful Team
Hamilton By Design are partnering with a successful global industrial leader that design in both fixed and mobile plant for the mining industry across the world. The team is committed to achieving first class innovative product delivery and engineering, making this an exciting and dynamic work environment.
Due to high levels of demand alone with growth in our business we are seeking to expand their team. On offer is an excellent long term contract opportunity for a Mechanical Drafter. By taking a key role in the drafting and design of fixed and mobile plant equipment, both surface and underground mining and bulk materials handling.
We are seeking a solidworks certified professional or solidworks designer with over 5 years experience
You will have a strong mechanical aptitude and experience working within mining and heavy industry, along with prior experience and working knowledge of AutoCad and Solidworks. In addition, you will also have sound knowledge of Australian standards including OHS, and relevant qualifications.
This is your chance to join a listed company in a long term contract position. Benefits include working alongside a team of industry experts who are passionate about their work, and a strong understanding and commitment to achieving career satisfaction with a work/ life balance.
Sunday, April 15, 2012
Structural Detailing with Solidworks
At
Hamilton By design our Steel Detailing team interpret architectural and
structural engineering
drawings to gain a thorough working knowledge the overall design intent
of a building or structure. With our extensive steel detailing and
erection experience we translate information from the propose
engineering or architectural design into a clear set of work shop
drawings for the purpose of fabrication.
The difference between design and detailing is, design is the complete creative process of taking an idea from conception and putting that concept to paper for the purpose of manufacture. Where as detailing is the first step of braking the design into manufacture-able pieces. In general these pieces become manufacture-able and are transported to site for erection.
The difference between design and detailing is, design is the complete creative process of taking an idea from conception and putting that concept to paper for the purpose of manufacture. Where as detailing is the first step of braking the design into manufacture-able pieces. In general these pieces become manufacture-able and are transported to site for erection.
At
Hamilton By Design we believe that in order to keep projects running on
time and within budget both designers and detailiers need the relevant
experience and training to turn great ideas into fantastic designs.
For more information about Steel Detailing or Steel work Design contact Hamilton By Design today.
Steel work | Fabrication Drawings | Shop Drawings | Structural Detailing | Design
Saturday, April 14, 2012
Sydney Steel Detailing
Hamilton By Design - Structural and Mechanical Detailer's, provide comprehensive plant design
service in a convenient, cost-effective process, utilizing the
latest in 3D modeling tools. Designs, models, along with review of
plant projects can occur more effectively between client and all
stakeholders of any project. Hamilton By Design's complete set of design
tools suite helps you innovate
through the design process keeping you ahead of the competition.
Hamilton By Design will keep your design projects on schedule and within budget.
Structural Detailing | Structural Design | Steel Work Drawings | Fabrication Drawings
Hamilton By Design will keep your design projects on schedule and within budget.
For more information on structural detailing contact
Structural Detailing | Structural Design | Steel Work Drawings | Fabrication Drawings
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