WE DARED YOU TO DREAM ... AND WE WERE RIGHT ON THE MONEY

WE DARED YOU TO DREAM ... AND WE WERE RIGHT ON THE MONEY

SOMETIMES dreams come true, and that’s the case right now for readers of Gold Coast Business News.

The cover story of our April edition (pictured) highlighted six signs that indicated the economy may have battled through its darkest days and was beginning to show the first shoots of new growth.

Under the heading “Dare to Dream’’, we examined and analysed key data across a number of sectors including discretional consumer spending, particularly at theme parks and other entertainment venues and increased infrastructure investment and commercial construction.

The promising indicators we identified in the latest national economic data released yesterday.

Australia currently has the healthiest economy in the world. The latest GDP figures, which represent the volume of goods and services produced, surged 1.3 per cent in the first three months of 2012 and grew 4.3 per cent from the same time last year.

Leading the way was strong investment in non-residential and infrastructure construction along with increased spending by consumers on lifestyle activities including outdoor entertainment.

The Gold Coast still has a way to go with property and tourism battling hard, but the latest numbers will be heartening encouragement.

Gold Coast Business News reader Jim Taylor is among those who agree with our May assessment. Taylor, the managing director of Gold Coast Unique Homes, reveals his business has experienced more activity in recent weeks than any time in the preceding 18 months.

“Many lacked the confidence to proceed but that confidence is back,’’ Taylor says.

The latest GDP growth almost certainly ensures the Reserve Bank will sit tight on interest rates next month after its 25 basis-point cut earlier this week.

And the Carbon Tax is just around the corner.

To ensure Gold Coast Business News readers stay ahead of the curve, next month’s edition will be a definitive guide for business on how to prepare for the introduction of the new tax on July 1.

The comprehensive coverage will identify industry sectors most likely to be impacted and contain key tips on how to minimise the impacts of the new tax.

Stay a step ahead of your business rivals with Gold Coast Business News – out now at a newsagent near you.

Get our daily business news

Sign up to our free email news updates.

 
Whitefox Recruitment founder Luke Hemmings making strides as a careers leader
Partner Content
After relocating his Canberra-founded company Whitefox Recruitment to the Gold Coast la...
Whitefox Recruitment
Advertisement

Related Stories

ASIC secures its first court win for greenwashing against US giant Vanguard

ASIC secures its first court win for greenwashing against US giant Vanguard

The Australian corporate watchdog has caught out one of the world&r...

Medicinal cannabis group Althea shaves $1.5m from its cost base through staff cutbacks

Medicinal cannabis group Althea shaves $1.5m from its cost base through staff cutbacks

Australian-founded medicinal cannabis company Althea Group (ASX: AG...

Charter Hall snares 15pc stake in Hotel Property Investments for $97m from 360 Capital

Charter Hall snares 15pc stake in Hotel Property Investments for $97m from 360 Capital

Listed funds manager 360 Capital Group (ASX: TGP) has offloaded its...

The party’s over: Splendour in the Grass festival cancelled for 2024

The party’s over: Splendour in the Grass festival cancelled for 2024

Splendour in the Grass, Australia’s largest winter music fest...