• The OECD has upgraded its growth forecast for Australia to 4.5%, whilst forecasting the world’s economy to grow at 5.6% this year – “Global economic prospects have improved markedly in the recent months”
• China has forecast 6% GDP growth, which bodes well for WA exports.
• The NASDAQ and our own All Tech index have been hit hard as “ ‘growth’ stock momentum fades as the spectre of higher interest rates looms, favouring value stocks and dividend payers” AFR
• Interestingly, the S&P ASX 200 has been little affected by the tech drama and is trading at 6771. The Aussie dollar is at $US .766
• Nationally business confidence rose to its highest level since 2010.
• As Vaccine rollouts gather momentum around the world, we are looking to a global travel boom – will this further open the door to Australia as a preferred destination both to live and visit?
• After the 75% fall in investor finance over the last 5 years the rental market remains below 1% vacancy.
• Activity in the residential property market is frenetic with home opens well attended and competition pushing prices.
• Call me for a plan to get buyers competing for your home.

Authored by Jody Fewster