Are we heading for a soft landing?

If you have been wondering where the Australian economy may be heading, recent financial commentators have made some interesting observations and perhaps provided some hope in these uncertain times:

Global supply chain pressures to ease

Finally, it seems as though the global supply chain pressure around the world is starting to ease. With oil prices decreasing, it looks as if we may be at the top of the current inflationary pressures, meaning the Reserve Bank may be changing it’s opinion on whether it should continue to increase interest rates.

Retail sales remain strong

Inflation seems to be showing signs of leveling-out. However, even though interest rates have gone up close to 2%, retail sales continue to be strong with no signs of shoppers curbing expenditure.

This may indicate that the ’doom and gloom’ surrounding property price increases may be reasonably short-lived.

Though none of us have a crystal ball to predict the future, these positive signs reassure us that the world is not going to end tomorrow, and that there are opportunities in the market if you are looking to purchase a property or business.

However, it is still important to be careful with your purchases. Please make sure to always talk to our team. Whether it be to discuss your financial planning needs, to plan your business cashflow strategy, or to discuss the next stage of your property business, our team is ready to help you.

There are always opportunities out there and often they occur when no one else is taking them.