Archive for March, 2013

Our Backyard

Lorne – Market Round up’. I read a recent article on the macro business website earlier this week that highlighted the annualized growth rate of the Westpac Melbourne leading index, which indicates the likely pace of economic activity three to nine months into the future, was 3.4% in January, above its long term trend of 2.7%.
All these indicators continue to support what we are experiencing at the coal face as … Continue Reading »

Our Backyard

Lorne General Market Rroud Up
The most challenging dilemma facing the business community in 2013 is actually navigating the many markets that determine our economy – after all everyone is always seeking an opinion. One of the best ways to circumnavigate this is to religiously read – CEO PULSE. The views from Australia's leading chief executives on –
– Prediction … Continue Reading »

Our Backyard

‘Lorne – Market Round up’. My favorite index is the Westpac Consumer Sentiment Index Survey which at March 1 recorded 110.5 on a scale where 100 means optimists merely balance pessimists. It’s the first time the index has breached 110 since December 2010.
On the all important question of whether now is a good time to buy a house the confidence reading surged to a 3 ½ year high … Continue Reading »

Our Backyard

‘Lorne – Market Round up’. Interesting to note that the Reserve Bank of Australia kept the cash rate at 3% as our Australian economy continues to provide more positive signs of recent times than over the past years.

The RP data-Rismark Home Value Index results indicates that the housing market across Australia has continued to be steady and according to the same index home values across the five capital cities over … Continue Reading »

Our Backyard

‘Lorne – Market Round Up’ Another week has passed without the erosion of the past weeks gains and a continuing showing of increased confidence across most major market sectors. The Melbourne residential property market last weekend experienced its strongest clearance rate over such a large volume of stock as at any stage of the past two years. The Australian all ordinaries index continues to hold ground on excess of 5000 … Continue Reading »