TRUMP & BREXIT - ARE WE DOOMED?

21 Dec 2016

The answer to this is, we think not! We know first hand the crushing blow of ever increasing regulation and compliance. On top of that, business, and in particular our industry, are constantly criticised by our press. These results are an indication people have had enough. For property, there are some possible changes. The longer term outlook is for higher interest rates. Initially not so good for property, but it will come with some inflation – which is good for property. We are also seeing the return of the private mortgage market. Also, believe it or not, manufacturing is returning in Australia - just not the old industries. Rather than handouts it needs encouragement while it’s getting off its back. For example, some common sense in energy and labour relations will see these industries grow and with it, the demand for industrial and commercial property.