Sunday, April 6, 2014

Brisbane Shows Promise?

From HTW's Month in Review:

Brisbane’s revival continues and the ongoing confidence in property will be one key economic driver as this year progresses. As a capital, we have fed off the regional mining boom. Anyone with major mineral digs out in the nether reaches on the state invariably had a head office based in the big smoke. As this sector of the economy finds itself weakening, there are quite a few property participants touting construction as the saviour.

At a recent presentation in Brisbane, demographer, Bernard Salt, was pushing some big population growth for major cities around the nation in 2014, and Brisbane was firmly amongst his favourites. If we see this goodwill translate into actual gains, then the rest of the year should firm up nicely for those in property.

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