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Increasing Business Confidence Evident in Queensland

By Andrew Bell

Queensland businesses have experienced fantastic growth following the growth of the state's economy, which could be great news for those interested in real estate in Surfers Paradise.

According to the latest Westpac Group CCIQ Pulse Survey of Business Conditions, Queensland's economy has been going from strength to strength over the December quarter, with increases in sales and general business conditions rising to their highest level in 12 months.

Treasurer Tim Nicholls said business confidence remains near record high levels, resting at 58.8 points on the index at the moment.

"Importantly, almost 75 per cent of business respondents are also expecting continued or stronger profitability levels into 2014," said Mr Nicholls in a February 6 statement.

"Additionally the National Australia Bank’s Business Conditions Index, also released today confirms business confidence is surging ahead in Queensland, with seasonally adjusted figures rising to 12 points in December 2013, three points higher than the September quarter results."

This could provide a great opportunity to secure real estate in one of the fastest developing economies in Australia. Now could be the perfect time to investigate purchasing Surfers Paradise property for you and your family.

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