Month: July 2019

The latest ANZ/Property Council Survey has shown NSW property industry confidence has improved, demonstrating a more positive outlook for the property industry in NSW.

Property industry confidence in the ACT has fallen for the September 2019 quarter according to the latest ANZ/Property Council Survey. The quarterly survey tracks sentiment from across the property industry, including the residential and commercial sectors.

South Australia has delivered the nation’s highest level of property sector confidence for the sixth consecutive quarter – but here are three reasons why it could quickly fall off a cliff.

Confidence in Western Australia’s property industry has jumped nine index points following the Federal election and is now the second highest of any state or territory.

Property industry confidence has jumped following the federal election outcome in a positive sign for the Australian economy, but the Property Council has warned that a number of economic factors remain challenging for the industry which is Australia’s largest employer.

APRA’s decision on residential mortgage lending guidelines and successful passage of the Federal Government’s personal income tax cuts package will provide a welcome shot of confidence for the property sector at a critical time for the Australian economy.