Australia to 2030 – an exciting place to be! (In my view!!!)
- Have Interest rates peaked?
- Is Property on the March upwards?
- Is Australia heading into a Purple 7 year patch?
Some indicators of the Australian economy from Ark Total Wealth’s Chris Magnus
Aussie Exports may have a windfall – with China easing restrictions on Aussie exports – Coal, Barley, Wine and Timber – Particularly as most of them have found other strong markets over the last few years, exporting to India, Japan, South Korea instead, so any extra exports to China will be just a bonus.
Currently at an all time low … less than 4%
Fewer people are selling – immigration growing – pressure on rents dues to lack of property supply … indicating property prices will increase with inflation
Continuing to grow – with SGC rising to 11%
Global shares – hitting a peak of 4,818 in aug 2021 before dropping down to 3,636 at the lows. It has then since recovered back to 4,151 today.
Asx200 – hittkng a peak of 7,632 dropping to a low of 6,407 recovering to 7,345 today.
Where to from here ? Up or down ?
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