For the island state, things seem to be on the move! Certainly in the capital there appears to be a sense of optimism and growing confidence, perhaps borne in part by a skyline adorned with crane activity aplenty against a backdrop of summer sunshine? Nonetheless, interests are putting their money where their mouth is and multiple developments are either underway or slated!
It’s a shame we can’t easily provide the same stimulus to an agricultural sector that has endured parlous winter weather conditions in many areas (read; lack of rainfall).
Regardless, ANZ’s Co-Head of Australian Economics, Cherelle Murphy & Economist, Kirk Zammit, provide us with a snapshot of their interpretation of the current state of affairs across our 8 states and territories. You can review their commentary here>