[Video] Some Cracks in the Economy -Westpac Economic Update- Chief Economist, Bill Evans

Our economy is not as rosy as some would like and this is likely to have an impact on our property investment markets.

There has been a disturbing slump in consumer confidence  as the government’s honeymoon seems to have been cut short and this has also translated into fewer people feeling now was a good time to buy property.

In this video Westpac Chief Economist Bill Evans comments on this week’s NAB business survey; the sharp decline in Westpac’s Consumer Sentiment Index; November’s unemployment data, a speech by RBA Governor Glenn Stevens and what we might expect next week from the new Federal Treasurer’s mid-year economic and fiscal outlook statement.http://youtu.be/4wAAEiu4IVs




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Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media. Visit Metropole.com.au

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