There's No Doom & Gloom!
According to BIS Shrapnel’s leading economist,
Rachael Logie, Australia’s biggest threat to the
economy was gloomy sentiment among consumers and
businesses.
A BIS report, released today, suggests that Reserve Bank’s interest rate cuts combined with the Government’s stimulus package will be sufficient to to stop Australia following the developed world into recession.
Logie continued to say, that conditions now existed for a lift in consumer confidence - interest rates were tumbling, petrol prices at a near four year low and the Government’s stimulus package.
Kevin Rudd said yesterday he did not want recipients to hold back when they got the money. “Go out and spend the money,” the Prime Minister said.
For those savvy investors, who have finance available to them, 2009 looks like a great year for increased yields, due to both short supply of investment property and lower interest rates.
Don’t forget to order your Free Property Investing DVD now!
A BIS report, released today, suggests that Reserve Bank’s interest rate cuts combined with the Government’s stimulus package will be sufficient to to stop Australia following the developed world into recession.
Logie continued to say, that conditions now existed for a lift in consumer confidence - interest rates were tumbling, petrol prices at a near four year low and the Government’s stimulus package.
Kevin Rudd said yesterday he did not want recipients to hold back when they got the money. “Go out and spend the money,” the Prime Minister said.
For those savvy investors, who have finance available to them, 2009 looks like a great year for increased yields, due to both short supply of investment property and lower interest rates.
Don’t forget to order your Free Property Investing DVD now!