- 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
How Roger Galway Turned the ATO into His Side Hustle
When most people think about building wealth, they picture grinding through long hours, promotions, and maybe a few smart stock picks. Roger Galway had a different idea. Two decades ago, he realised the nine-to-five grind wasn’t going to cut it. So he started buying property. Now, he owns nine of them across...
No Storm Surge Here: Brisbane’s Budget Holds Steady for Investors
In the wake of ex-Tropical Cyclone Alfred, which brought Brisbane its wettest day in 50 years with over 420mm of rain in some suburbs and winds reaching up to 60 km/h, the city faced significant recovery challenges. Despite the extensive damage, including power outages affecting over 56,000 homes and businesses,...
Stamp Duty Doesn’t Have to Hurt — Here’s Where It Doesn’t
Stamp duty isn’t the most exciting part of buying property, but it can seriously shape what you can afford and how quickly you can grow your portfolio. A national report by SQM Research for the Real Estate Institute of Australia (Stamp Duty: The Relationship to Australian Housing Affordability and Supply, October...