- 24 April 2020
Australian consumer confidence increases for a third straight week!
Hi There - hope you’ve have had a great week- and surviving lockdown / social distancing ok!
Well, more positives:
- Australia’s positive work in keeping to our social distancing laws
- The number of new cases dropping and
- The Government financial stimulus reaching businesses and individuals
Has seen Australia’s consumer confidence climb for the third week running, up 7.7%
The ANZ-Roy Morgan Consumer Confidence and inflation expectations survey showed:
-
‘Future financial conditions’ gained 6.6%, the subindex has been in positive territory for the last four weeks
-
‘Current economic conditions’ gained 9.6%, for the third week straight, while ‘future economic conditions’ rose 6.7%
-
‘Time to buy a major household item’ saw a significant gain of 21.5%
Don’t miss out on our quick 30-minute webinar this weekend:
Coronavirus - Friend or Foe - Property Investment In 2020 - 30 min Webinar!
https://attendee.gotowebinar.com/rt/7924221389761652492
1 pm Sydney time - Saturday & Sunday (same content at both)
See you online then!
Stay safe, and if you have any queries in regards to the effect of the Coronavirus on our property markets, please contact enquiries@propertyclub.com.au.
Related Posts
Is Your Borrowing Power Stronger Than You Think? Why Now Is the Time to Rethink Your Property Investment Strategy
You’ve seen the headlines. Trump’s new round of tariffs has triggered global economic reactions, and while most are focused on the international drama, savvy Australian investors are tuning into the local impact — especially what it means for interest rates. In response to global uncertainty, the Reserve Bank of...
Melbourne Property Market: April Data Highlights a Shift in Activity
The April 2025 CoreLogic Housing Chart Pack shows several key developments in Melbourne’s property market. While broader figures reflect a stabilising trend, a closer look reveals areas of movement that may be of interest to both buyers and investors. Melbourne’s dwelling values rose by 0.5% over the March quarter,...
Brisbane’s Billion Dollar Glow Up: Why Property Investors Should Not Wait Until 2032
While the world is gearing up for gold medals and global fanfare, the real gold lies in Brisbane’s property market. The 2032 Olympics is more than just a sporting event. It is a catalyst for change and a clear signal that Brisbane is entering a bold new phase. One that investors in the know are already acting on....