Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Investors are happier, and here’s why


A major bank’s research has found that Australian investors are feeling upbeat about current market conditions, and there are a number of factors contributing to this.

The latest ANZ/Roy Morgan Consumer Confidence Index has reported a 1.2 per cent increase in sentiment towards current financial conditions. This is the highest since February.

The index also recorded a 0.8 per cent rise in sentiment towards future financial conditions.

“Consumers are upbeat about both their personal outlook and the economy in general,” said ANZ Research’s head of economics, David Plank.


“The prospect of lower interest rates and what appears to be a major sentiment shift on the housing market are likely drivers of the positive outlook,” said Mr Plank.

The Reserve Bank is widely tipped to imminently lower cash rates as early as next week.

Further, leading economists have revised their forecasts for property markets in light of the federal election, believing a Coalition victory will bring forward the bottom of the price falls to as early as the September quarter.

Investors are happier, and here’s why
nestegg logo
subscribe to our newsletter sign up
Recommended by Spike Native Network
Anonymous - This is silly. Most countries would think 3 per cent was fantastically low. Further, who measures how much economic activity is being destroyed by.......
Anonymous - What a load of rot! What is he comparing the detriment to, and how much does the GFC effects factor into his farcical calculations? ....
Anonymous - In other words, sack advisers and cut costs. It's the financial version of #me too movement.....
Anonymous - If that's after tax pay then I'm screwed.....