No pressure Campbell

Following on from our previous article regarding housing prospects in the Sunny State, Ben Hurley from the AFR brings into focus the significance the newly appointed state government will play in the immediate direction of the property market (read here). Whilst the impending stamp duty discounts, due to be introduced 1 July, combined with a dose of renewed optimism in a change of government will mean a difference in existing home markets, the big focus in our growth equation come’s back to employment. A committment to restoring the State’s Financial AAA rating and the appointment of Peter Costello’s audit commission into the state’s financial situation, due to report in June, are sure to shape government policy. Shaping our markets growth within a financially constrained environment will take some ‘out-side-the-box’ type thinking. As we said, no pressure Campbell, your move.

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