From here on …
Back to a 2-Speed Economy?

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The latest figures show unemployment crept up from 5.2% to 5.3% last month — probably due to school leavers. However, the total number of hours worked actually jumped by 2.4% during February.

2-Speed Economy

2-Speed Economy

With predictions of a 60% surge in commodity prices from next month’s contract re-negotiations, this will put further strain upon the labour and capital resources of both New South Wales and Victoria.

Business investment will obviously be skewed towards Queensland and Western Australia.

Looking Ahead

Looking Ahead

However, you will soon start to see demand for Office and Industrial property pick up strongly across Australia … first in Melbourne, and then in Sydney — due to its high debt and a fall-off in population growth.

And once again, Landlords will regain the balance of power in those leasing markets.

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