Property industry delighted at approach of giant banking croc

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Even as the Australian financial sector is eaten by the giant royal commission crocodile, it appears the always bullish property industry has no idea that a voracious predator is belting its way. From the new ANZ/Property Council industry survey:

The ANZ/Property Council Survey gauges the property industry’s:

  • sentiments about the outlook for Australia’s national and state/territory economies;
  • views on property asset class performance;
  • employment intentions;
  • expected work flows; and,
  • critical industry drivers.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.