Winter is setting in and another financial year has drawn to a close. There is no better time to rug up, take stock of your finances and make plans for the year ahead.
As our end of financial year economic review reveals, it is hard not to reach the conclusion that the Australian economy is in good shape. The mining investment boom has morphed into a mining production boom, while a surge in residential construction is helping to lift activity in the non-mining economy.
Investors also have plenty to smile about, with double-digit returns from shares and residential property in the year to June. The IMF forecasts global growth of 3.6 per cent in 2014, which should provide further support for the local economy.
If you would like to talk about how this economic review affects you, don’t hesitate to call us. In the meantime, we hope you find this review useful and informative.
(07) 3231 4004.
The VISIS team.