2022- If Quarantine Restraints Continue?

What will happen…..? Our economy ……will we be left behind globally

Immigration will continue to shrink

Travel will go to dust, nearly there

Foreign investment will suffer

People wont set up business ventures in Australia

Also, will we continue living in fear of ongoing lockdowns, and how will this impact on us psychologically if this continues for another decade

 

By the end of the year, the majority of the population will be vaccinated, well past herd-immunity stage. Borders will reopen, immigration will slowly start as will be (very) gradual influx of o/s students.

Re foreign investment, we are not getting any since the start of Covid with the rules change, so that hasn't stopped equities and prop markets being at record high.

We might not see travel restrictions on Aussies easing to pre-covid levels until mid to late next year though - but keeping Australians at-home injects $35b+ of extra cash in the economy so it will be net positive for the economy - as it has been since Covid started.

I see Aus and global markets strengthening, lockdowns gradually being phased out and life returning to normal. Our main issue will be overheated markets in coming years, not Covid.

 

I see 2 sides to the coin.
Less business investment.
Less chance of a interest rate rise.
Less chance of a housing correction now, rather it will be a much later one.

 

What I learned these last 18 months.....

Be prepared, but stay optimistic. We'll manage.

Pessimism is costly.

 

Always optimistic…… but what’s our governments exit plan…. ? Its just not clear

Europe/US are moving on, we may be left behind

 

Not knowing the solution now doesnt mean there wont be one.
Individual circumstances.

Whats the point of negative thinking here? Going to sell everything and wait for a crash? Missed out on a lot last year because of too much pessimism. Now, with a clearer path out, it looks better than last year.

Prepare buffers and keep holding.
Buying is an interesting decision here.

 

.... and we have become the laughing stock of the world at the same time.

 

This is a good read

US, Canada and UK opened for foreign students studying ……business as usual….. fortress Australia has killed international education industry

Lowering Fortress Australia's drawbridge - InDaily

Once again I really have to wonder what is Government’s exit plan is? Its quite extraordinary that we dont seem to have one

Fingers crossed, hope for the best

 

That's been the case forever, imho.

 

She'll be right mate. Keep on keeping on. People thought Trump would end the world. We're all still here.

When an asteroid is 6 months away from Earth and projected to be a global killer....then we can start worrying

 

No plan whatsoever!

Scomo lacks the ability to lead the nation well and the leadership vacuum is being filled by state premieres who are trying to outshine each other with their respective 'fortress plans'.

 

Even then....... Aerosmith starts playing around me, and........

 

It does not instill confidence, government not having a solution

Australia will be left behind globally, its already happening

Its not about property, its not about being negative

 

but US are helping business, moving on

Inaction, no exit plan other than closing oz to the world is not going to help small business in Oz.

 

Maybe I'm just used to being too optimistic and only concerned with things I can make a difference in and ignoring everything else.

My attitude to governments in general is what's gonna happen is gonna happen. Nothing I can do. So I don't bother worrying.

 

Myself i think the government is doing the best they can ,i just pity anyone in small business or have anyone sitting in lock-down within the the private-public hospital systems as the future is unknown..

 

Here are some numbers to ponder on….

https://mckellinstitute.org.au/wp-c...e-cost-of-the-vaccine-delay-part-two-v2-1.pdf

 

They don't have one, so just go with the flow. Not much else you can do anyway. Worrying about it won't change the outcome. Chill!

 

I am trying
She’ll be right mate….