Confidence has really come back to the Australian economy with the Liberals winning out over Labour. Labours drastic tax reforms and higher taxes were just too much for the Australian population who voted in May to retain the stability and economic management of the current Liberal government. It was the “un-loosable” election but Labour managed to loose it.
This has seen a real surge in some areas of the property market due to increased confidence.
Confidence is a huge factor in the economy and gets people spending again. This is just what Australia needed.
