• 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

Why the ‘Almost Premium’ Suburbs Are Stealing the Spotlight

Why the ‘Almost Premium’ Suburbs Are Stealing the Spotlight

For investors looking to maximise capital growth without the premium price tag, second-tier suburbs – those located just outside the most prestigious postcodes can offer an appealing alternative. These areas often benefit from the same lifestyle appeal and proximity to key amenities as their high-profile neighbours,...

The Real Cost of Prestige – Is the Price Tag Worth It?

The Real Cost of Prestige – Is the Price Tag Worth It?

For property investors, the allure of premium suburbs has always been clear, but the reasons these areas continue to outperform the broader market go far beyond just status and prestige. Despite higher entry costs, these blue-chip locations offer unique advantages that make them a valuable part of a well-rounded...

Australia’s Economic Winners in 2025: What Property Investors Need to Know

Australia’s Economic Winners in 2025: What Property Investors Need to Know

WA leads the charge The latest CommSec State of the States report for April 2025 is in, and it's clear some states are pulling ahead in the economic race. For investors, this isn’t just interesting reading — it’s a blueprint for where smart money is going. Western Australia has taken out the top spot for the third...

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.