How are Australia’s states and territories’ local economies performing?
In this video Craig James from CommSec analyses eight key indicators: economic growth; retail spending; equipment investment; unemployment, construction work done; population growth; housing finance and dwelling commencements.
If you’re interested in property investment, you should watch this 4 minute video to getting a better understanding of what’s going on.
Just as the Reserve Bank uses decade averages to determine the level of “normal” interest rates; Commsec have done the same with the economic indicators.For each state and territory, latest readings for the key indicators were compared with decade averages – that is, against the “normal” performance.
Subscribe & don’t miss a single episode of michael yardney’s podcast
Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.
Need help listening to michael yardney’s podcast from your phone or tablet?
We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.
Prefer to subscribe via email?
Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.