As April arrives Queenslanders are clearing up after the devastation of Cyclone Debbie which damaged homes, businesses and agricultural crops. The full financial cost won’t be known for some time, but in the meantime our thoughts and best wishes go out to all those affected.
When there is so much bad news in the world it’s easy to overlook a positive news story, especially when it creeps up slowly over time. In this snapshot, we put the spotlight on Australia’s world record-beating economy. We’re on track to overtake the Netherlands’ record for the longest period without recession after more than 25 years of continuous growth. The corporate sector is in good shape as the transition from the mining investment boom continues.
As always, if you would like to discuss the contents of this article in the light of your investment strategy, don’t hesitate to call us.