Investors are not deterred by the current rising interest rate environment. According to ING Investment Management’s quarterly Investor Dashboard Sentiment Index, Australian investor sentiment is up 124% in the last 12 months, highlighting the rapid improvement in economic and financial conditions.
More than 80% of Australians surveyed believe their economic situation has improved, and the early prognosis for 2010 looks rosy, with more than 70% of Australians expecting the economy to improve over the next three months.
Similarly, 67% of Australian investors expect an increase in property prices - a 6% jump on last quarter’s results. The survey records the opinions of more than 3,500 mass affluent investors from 12 countries across the Asia Pacific Region.
