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Property confidence stages remarkable comeback

Date Time Property confidence stages remarkable comeback The latest results from the ANZ/Property Council Survey reveal surging confidence levels in Queensland’s property sector, despite the slower than anticipated return of workers to major business precincts. Property industry sentiment in Queensland bounced from 124 points in the December 2020 quarter, to 144 index points in the March 2021 quarter. The result shows that industry confidence has nearly tripled since the height of the COVID pandemic, when a low of 58 index points was recorded during the March 2020 quarter. A score of 100 is considered neutral. Property Council Queensland Executive Director, Chris Mountford, said the results were nothing short of phenomenal, however, it was critical that the positivity was not taken for granted.

Victorian confidence lags nation, with medium-term outlook improving

Date Time Victorian confidence lags nation, with medium-term outlook improving The latest ANZ/Property Council of Australia industry confidence survey highlights Victoria is lagging behind the rest of the country with a long way to go on the path to recovery. Property industry confidence in Victoria is the lowest in the nation at 124 index points for the March 2021 quarter – below the national average of 142 index points. A score of 100 is considered neutral. However, medium-term outlook in Victoria is turning positive, with Victorians optimistic that the COVID-19 situation will improve over the next three months. While Victorians demonstrated the lowest state growth expectations in the nation, they also reported the highest level of expected growth for Victoria since June 2018. Victorians also reported an improvement in capital growth expectations across all sectors, with the exception of the hotel sector, for the next 12 months.

Stop trying to be nice : Travel bosses slam vaccine delays

Business by Glenda Korporaal, Ben Wilmot 7th Apr 2021 8:59 AM Premium Content   The slow rollout of the COVID-19 vaccine could see Australia left behind, Corporate Travel Management chief executive Jamie Pherous has warned. The stark calls comes as concerns emerge that local business would be left behind rivals operating in markets where vaccines have been widely administered, with problems spreading beyond exporting. A wide swath of corporate Australia, stretching beyond the hard-hit tourism and travel sectors, is calling for a faster vaccine rollout to provide greater certainty for investment in the economic recovery. Mr Pherous said delays in the rollout of the vaccines were now costing Australian business because of the inability to travel, while business travellers in the US and Britain who had been vaccinated were now able to.

Stop trying to be nice : Travel bosses slam vaccine delays

Stop trying to be nice : Travel bosses slam vaccine delays
gattonstar.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gattonstar.com.au Daily Mail and Mail on Sunday newspapers.

Dexus sells $285m Brisbane CBD tower as tenant activity lifts

Dexus sells $285m Brisbane CBD tower as tenant activity lifts
brisbanetimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from brisbanetimes.com.au Daily Mail and Mail on Sunday newspapers.

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