Summer’s on the way. The weather is hotting up, and so is the economy!

The great news is that the Aussie economy is back on track. As we head towards summer, people are hitting the beach, the park, and of course, the shops. Everyone is out and about enjoying the warm weather and all that goes with it. After a tough year, people are enjoying the change of season, and the hot spring days are a reminder that Chrissie is just around the corner.

Looking forward, a recent survey shows that more than half of Australians believe that our economy will have improved in six months’ time, with only six per cent thinking it will get worse. Good news for consumer confidence and shopping prospects is that only 10 per cent of people are worried about their job security, which is well down from 20 per cent in April this year.

People have worked out that the country is in much better shape, and they feel confident about the change in the economic climate. While we at McCarthy Group have been shining the light all year on all that is good and positive, it is great to see that so many people now feel the sun is breaking through and bringing a new season of optimism and growth for us all.

The same survey also showed that almost 50 per cent of people thought residential property values would improve in the year ahead, while only 15 per cent thought they would get worse. In April those figures were 18 and 35 per cent respectively. This is a big jump in confidence, and this positive sentiment will drive the property market upwards as summer really hits its straps.

While the soaring temperatures around the country mean we are in a heat wave, the same isn’t true for the property market. Instead it is growing steadily, and is well balanced even as it gets stronger each month.

The key point is that confidence and property prices are growing together, and to benefit from the growth on offer, you need to be part of the market.

If you would like to learn more and discuss how McCarthy Group can assist you, click here.