• 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:

  1. Australia’s positive work in keeping to our social distancing laws
  2. The number of new cases dropping and
  3. 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

Western Australia Holds Its Crown, Queensland Closes In

Western Australia Holds Its Crown, Queensland Closes In

Western Australia has held off a surging Queensland to once again claim the title of Australia’s best-performing economy, according to the latest CommSec State of the States Report. For the second quarter in a row—and only the second time in a decade—WA leads the nation, topping five of eight key economic...

Economic Headwinds Not As Bad As Feared for Property: Insights from Clifford Bennett

Economic Headwinds Not As Bad As Feared for Property: Insights from Clifford Bennett

In this timely video update, economist Clifford Bennett provides a snapshot of Australia’s economic and property market conditions, delivering his analysis from the heart of Sydney. Highlighting key indicators like rising global oil prices, the likelihood of interest rate cuts by the Reserve Bank, and the immense...

Make Your Property Move Before the New Year Rush

Make Your Property Move Before the New Year Rush

When December rolls around, it’s all too easy to let your property investment goals take a backseat. The allure of holidays, festive gatherings, and a ‘fresh start next year’ mentality can be tempting. But here’s a little-known secret: the quieter end-of-year market is brimming with opportunity for those ready to...

Become a Member Today!

Our mission is to help the average Australian learn the property market dynamics and discover the amazing opportunities that exist in real estate.