It’s very encouraging to see the that exactly a month after the SMH headlines said ‘Australia prepares for 50,000 to 150,000 coronavirus deaths’ that we are now seeing some light at the end of the tunnel, especially after yesterday’s headline which stated that ‘Australia on course to eliminate COVID-19, modelling shows’.

Our Country Looks To Be In Good Hands

During these unprecedented times, the way people show up and how they react under immense pressure really sorts out the men from the boys (or ladies from the girls), and at this point in time, I think our Prime Minister, Scott Morrison has really stepped up and has been an inspirational leader (regardless of which side of politics you vote for) during one of the most uncertain times in our lives.

Whilst we are still a while away from getting through this crisis and we may never actually go back to how things previously were, the bounce in the economy as people begin getting their freedoms back, start going back to work and as infrastructure projects get fast-tracked there will be a positive impact on the current Australian economy.

Last night, Scott Morrison appeared on the 7.30 report and shared an insight into ‘Charting our way out’ which includes some really practical options and an indication that it’s likely we will start to see a relaxing of the restrictions within the next month as well as a roll-out of infrastructure projects to help move the Australian economy forward so that we won’t have to wait for the global economy to recover before we can start reducing our unemployment levels.

Also, when you look at the latest Coronavirus stats across the globe the impact that it’s having on other countries and with many seeing Australia standing out as a safer place to work, trade and live, I anticipate that we will see a lot of foreign investment in the short-medium term as we work our way through this global crisis a lot better than many other countries have to date.

As a friend of mine, Glenn Batten said the other day…

“Australia really has no idea what we avoided. What our health system was spared. Spain has a critical care (ie.. ICU beds) rate 45 times that of Australia and a death rate 175 times that of Australia as their health system was over run. France is 35 times the critical rate and 145 times the death rate. Even the UK has a death rate 80 times higher than Australia. Think about that... It’s not 80 times the number of deaths (they have over 700 deaths per day and we have 60 total) as the UK has a larger population but its death RATE is 80 times higher and still climbing whilst we are declining. The facts are clear, we avoided this because our government acted swiftly and proportionately.“

Additionally, as we come out the other side of this crisis, a lot of people will be re-assessing their current lifestyle and I am already getting a number of enquiries from people living in the city who realise that they can now work remotely very effectively from a home office and they’re looking at moving away from the city and into the more peaceful, natural surroundings of an acreage or tree-change lifestyle on the outer fringes of the city.

It looks like there will be an influx of property coming onto the market as the COVID-19 restrictions are reduced and now could be a good time to try to get in ahead of this influx of listings if you’re thinking of selling.

Also, if you’re looking to buy acreage, there possibly hasn’t been a more affordable time to do so than in the present market due to the historically low interest rates and the current level of acreage stock that is available to purchase at similar prices to pre-election market of 208/2019.

If you have any questions about buying acres or selling your acreage property, don’t hesitate to get in contact with me.

Regards

Greg Vincent