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Westpac Economic & Property Investment Update October 2012

If you’re interested in property investment then this short video is worth watching as Westpac Chief Economist, Bill Evans comments on the Westpac Consumer Sentiment Index; September’s employment figures; and the IMF October report detailing the global economic outlook.

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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 his opinions are regularly featured in the media. Visit Metropole.com.au


'Westpac Economic & Property Investment Update October 2012' have 1 comment

  1. Avatar for Property Update

    October 14, 2012 @ 4:23 pm Nick Mihaleff

    The pessimism is due to people being painfully aware that the solution to sovereign unaffordable debt. The only solution that nations are using is not one you would take if you couldn’t afford your mortgage interest where you approach the bank & ask for a LARGE CREDIT CARD to make your already untenable situation worse. Put into Aussie lingo “if you’re stuck in a well you would ask for a rope to get out …..not ask for more shovels to make your hole deeper!” IE US debt, the EU bailouts.
    All I can see here is the world turning to the very last tool in their bag….start a world war & as you can see right now the US & NATO are spoiling for a fight, the Russians have had 20,000 troops on the northern border of Iran since April . These troops have seen their families sent back to Russia & plans are in place to this time totally wipe out the Georgian military if they block supply routes. This current climate has seen the Russian Dooma pass the use of pre-emptive strikes upon US ABM in Poland when the radar becomes active. Someone please tell me why else would the Bush & Obama camps continue to out spend most of the world combined on military equipment unless the plan is to start something like after the great depression. Unfortunately at the great depression we didn’t have the level of leveraged debt like we have today…….the cards are overloaded & someone has to pay the piper soon

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