2014 has all the right ingredients

In late 2007 we had the commencement of the GFC. After about a year, in late 2008, some of the GFC commentators said that a recovery would not be likely until 2014. It seemed such a long way off at the time. We all wondered what we could we expect out of the next 5 years. Well now we know.

2014 is showing a lot of promise, particularly for the Sunshine State and for our little pocket here in North Lakes. We will start seeing the completion of many of the projects commenced in 2013 and this will continue to drive employment and growth.

Stability in jobs numbers is the key to continued consumer spending and a stable economy and this year is already seeing job cuts in a number of areas nationally, largely manufacturing and export industries. The retail sector is a major driver of our local economy and  should not affected as much as these other industries, which is good news.

The real estate sector in South East Queensland could be in for a boost with sustained low interest rates, more people wanting homes than are being built, Commonwealth Games, G20 summit, and record sales prices seen in the other major capital cities over the past year.

We could be in for a good year, finally.