This week the National Australia Bank reported that business confidence hit a record high in April, jumping nine points to a record 26 index points.
All three elements of the monthly survey â trading, profitability and employment â recorded new highs, with NABâs chief economist Alan Oster calling the result âsimply stunningâ.
âIt looks like we have moved past the rebound phase of the recovery and are now seeing healthy growth in most of the economy,â Oster said.
Iron ore prices have also soared to record highs, an international nod to Australiaâs economic stability.
Richard Morris, who is the founder of Australian Superyachts and manages international yacht transactions and importation, says economic confidence has been turning around since last summer.
IMDB information:
Genres: Biography, Comedy, Musical, Romance, Western
Description: Majestic mountains are in the background and a waterfall in the foreground. Is that a canoe on the river? No it s a cradle with a baby. The buoyant Molly Brown has survived the first crisis of her life a flood. Sixteen years later she sets out to make her way in the world. Can she sing and play the piano? She assures the Leadville saloon keeper that she can and learns quickly. Soon she is the bride of Johnny Brown, who in a few years will be able to replace the original cigar wrapper wedding ring with a replica in gold and gemstones. But it takes more than a few million dollars to be accepted by Denver society. The Browns head for Europe and bring a few crowned heads back to Denver for a party that turns into a ballroom brawl. Molly goes to Europe alone, returning on the Titanic. She didn t survive a flood as a baby for the story to end here.
EMSOUTHLAND/YouTube
Dr Caroline Orchiston explains the Alpine Fault and the damage the earthquake will wreak. (Video first published in May 2018)
As new research reveals the Alpine Fault is more likely than previously thought to rupture in the next 50 years, JOANNE NAISH asks West Coasters: Are you ready? “The first weekend of being here I said to the children ‘right let’s plan our route to high ground’, so we walked up to the airport and we all know to head up and meet there.” He, his wife and their two teenagers all have grab bags with essential supplies in case they need to leave at a moment’s notice. At home, they also have an impressive stash of emergency items including water, freeze-dried food, first aid kits and camping gear.
LOCK HAVEN Lock Haven City Council approved a lease agreement with ALE Holdings LLC for 13.88 acres of land in the Piper Airport Industrial Park just off
Economic Bulletin
Summary
While the recovery in global demand and the sizeable fiscal stimulus are supporting global and euro area activity, the near-term economic outlook remains clouded by uncertainty about the resurgence of the pandemic and the roll-out of vaccination campaigns. Persistently high rates of coronavirus (COVID-19) infection and the associated extension and tightening of containment measures continue to constrain economic activity in the short term. Looking ahead, progress with vaccination campaigns and the envisaged gradual relaxation of containment measures reinforce the expectation of a firm rebound in economic activity in the course of 2021. Inflation has picked up over recent months on account of some idiosyncratic and temporary factors and an increase in energy price inflation. At the same time, underlying price pressures remain subdued in the context of significant economic slack and still weak demand.