6 SIGNS DRIVING RECOVERY CONFIDENCE

6 SIGNS DRIVING RECOVERY CONFIDENCE

DO we dare dream that the worst just might be over?

That’s the question being asked in offices from Coomera to Coolangatta as unrelated flickers of hope suddenly combine to form a possible glimpse of the light at the end of the tunnel.

Many of those who toil on the coalface of business might find it hard to see right now, but every recovery has to start from somewhere and recent statistics show heartening signs that the tide is turning.

Who could have predicted that monthly tourist arrivals from Japan would suddenly grow for the first time in a decade? Or that family spending on entertainment and outdoor activities would surge 18 per cent year-on-year?

It was also hard to imagine an upside to the Gold Coast housing market after being slapped with the indignity of having one of the highest negative equity rates in the country. Just ask the canny southern investors and first-home buyers who have quietly returned to sniff out bargains.

Then there was the historic State election on March 24.

Never has the Queensland electorate spoken so forcefully for change. And nowhere was that message more clearly expressed than on the Gold Coast, where Campbell Newman’s LNP team made a unanimous sweep across 10 seats.

Improving economic data, a turnaround in dwindling tourist numbers and a sweeping change of State Government have fanned optimism on the Gold Coast for better times ahead. Read the entire story by getting your copy of the April issue of Gold Coast Business News - out soon at a newsagent near you.

Enjoyed this article?

Don't miss out on the knowledge and insights to be gained from our daily news and features.

Subscribe today to unlock unlimited access to in-depth business coverage, expert analysis, and exclusive content across all devices.

Support independent journalism and stay informed with stories that matter to you.

Subscribe now and get 50% off your first year!

WorldFirst offers fast and secure cross-border payments to boost global sales for SMEs
Partner Content
WorldFirst, a one-stop digital payment and financial services platform for global busin...
Advertisement

Related Stories

Life sciences group Trajan joins Polaris mission to test astronaut health in space

Life sciences group Trajan joins Polaris mission to test astronaut health in space

Melbourne-based analytical and life sciences company Trajan Group H...

Aussie alcohol-free brand Naked Life Spirts strikes deal with Molson Coors to launch in US

Aussie alcohol-free brand Naked Life Spirts strikes deal with Molson Coors to launch in US

Fresh from a $3 million crowdfunding equity raise last year, Melbou...

Needle-free biotech Vaxxas seals $43m from US Government for its largest trial yet

Needle-free biotech Vaxxas seals $43m from US Government for its largest trial yet

Needle-free vaccine company Vaxxas is being supported by a US Gover...

Nine boss Mike Sneesby steps down after one of his ‘most challenging years’

Nine boss Mike Sneesby steps down after one of his ‘most challenging years’

Nine Entertainment Co (ASX: NEC) boss Mike Sneesby will step down a...