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**XU8i6ysK** · 09-01-2009, 12:28 PM

http://www.voteconfidence.com.au/

The case for confidence.

Life's pretty good over here in W.A. While the rest of the world is running around like a bunch of headless chooks caught up in recession fever, West Australians are busy getting on with the job of making this state a top-notch place to live.

Everywhere you turn, you'll find confidence. It's in the people. It's in the economy. And no, that's not lavender in the air, that's confidence and a can-do attitude.

In the last few months, surveys have shown that consumer confidence is back to where it was before the global economy went kerplunk. Just take a look at how we're spending our hard-earned cash. Between April and May 2009, retail purchases were up 3.4%* and car sales up 3%*. And according to 59%** of people surveyed, current buying conditions are positive. In fact, property developers are planning on expanding retail businesses over the next five years***. Not bad considering we're supposed to be in the midst of a global financial thingamaggiga.

The mining sector is on the rebound too. Billions of dollars have been invested into major oil and gas operations, including the massive Gorgon gas project that's just been given the green light. So it comes as no surprise that W.A. employers have the highest rate of confidence in Australia. Even one in five international businesspeople**** believe there's nowhere better to be living right now, than right here.

But it's nothing West Australians didn't already know. We're already busy buying up houses and homes in preparation for a brighter future. Real estate sales have jumped by 23%*****, and home loan approvals have skyrocketed by 30.8%* in the last year. That's what happens when 56%** of West Australians reckon our economy will go from strength to strength in the next 12 months.

References:
*Chamber of Commerce and Industry - "Economic Trends"; 9 July 2009

**Curtin Business School - "CCI Survey of Consumer Confidence; June quarter 2009

***Press Release - "Development survey shows long-term confidence in WA retail property"; 19 December 2008

****Press Release - "Nowhere better than Australia to ride out crisis: survey"

*****Press Release - "Real estate is safe as houses for investors";
8 July 2009

09-01-2009, 12:28 PM	#2
XU8i6ysK Join Date Oct 2005 Posts 368 Senior Member	http://www.voteconfidence.com.au/ The case for confidence. Life's pretty good over here in W.A. While the rest of the world is running around like a bunch of headless chooks caught up in recession fever, West Australians are busy getting on with the job of making this state a top-notch place to live. Everywhere you turn, you'll find confidence. It's in the people. It's in the economy. And no, that's not lavender in the air, that's confidence and a can-do attitude. In the last few months, surveys have shown that consumer confidence is back to where it was before the global economy went kerplunk. Just take a look at how we're spending our hard-earned cash. Between April and May 2009, retail purchases were up 3.4%* and car sales up 3%. And according to 59%* of people surveyed, current buying conditions are positive. In fact, property developers are planning on expanding retail businesses over the next five years*. Not bad considering we're supposed to be in the midst of a global financial thingamaggiga. The mining sector is on the rebound too. Billions of dollars have been invested into major oil and gas operations, including the massive Gorgon gas project that's just been given the green light. So it comes as no surprise that W.A. employers have the highest rate of confidence in Australia. Even one in five international businesspeople believe there's nowhere better to be living right now, than right here. But it's nothing West Australians didn't already know. We're already busy buying up houses and homes in preparation for a brighter future. Real estate sales have jumped by 23%**, and home loan approvals have skyrocketed by 30.8% in the last year. That's what happens when 56%** of West Australians reckon our economy will go from strength to strength in the next 12 months. References: Chamber of Commerce and Industry - "Economic Trends"; 9 July 2009 Curtin Business School - "CCI Survey of Consumer Confidence; June quarter 2009 Press Release - "Development survey shows long-term confidence in WA retail property"; 19 December 2008 Press Release - "Nowhere better than Australia to ride out crisis: survey" ***Press Release - "Real estate is safe as houses for investors"; 8 July 2009
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