Confidence is coming back…

We’re getting the feeling that people are regaining confidence regarding personal finances, property and the economy in general.

Measurable examples for those not convinced:

1. May saw a 20.4% jump in property sales volumes – a fantastic result even if it was from a low base.

2. Between April and the end of May, SEEK Employment recorded a 49% increase in job advertisements.

3. Recent credit card spending data from Commonwealth Bank suggests household spending is recovering from the mid-April lows.