Mortgage brokers in Baldivis and other suburbs in the Rockingham area have a lot of confidence in our communities. We know our area is doing very well, both in housing values and in business. However, we are also affected by the national economy and by a factor known as “business confidence”.
We won’t go into the specifics of how the scores are computed but the latest survey from the Sensis Business Index (SBI) indicates that business confidence is higher than it has been since March 2011.
According to the survey, 57% of small to medium businesses (SMB’s) are confident while 18% are worried. This produced a rise in the index from 27 to 39 over the December quarter. Confidence in the Federal Government has also risen six points. 1,000 SMB’s across Australia were polled for this survey.
Why Mortgage Brokers in Baldivis Care About Business Confidence
Business confidence alone is important because SMB’s are the backbone of communities. When SMB’s show confidence, it means that they are having an easier time navigating the economy. It means that they are making profits and that they feel it will get better in the future. Confident business spend or invest more money. This leads to a more active and lively economy and usually creates more jobs.
We have been fortunate in Baldivis and Rockingham. Baldivis was THE “hot Perth suburb” for a few years and is still a growing, thriving community. Our entire area has performed better than the Perth market in housing statistics for a long time now. Rising business confidence across Australia can make our community even more prosperous.
Apply for a Home Loan at Smartline Rockingham
If you have any questions or if you would like to apply for a home loan, call a mortgage broker at Smartline Rockingham. We have been the most trusted name in the Rockingham area since 1999. We combine the utmost in local knowledge with the resources of Smartline, a national firm. Call us today: (08) 9527 1800.