Agents to learn latest on economy
MORE than 200 real estate agency principals will gather in Brisbane next week to learn the latest about the Queensland economy.
The 2013 Real Estate Institute of Queensland (REIQ)/Aon Principal Licensee Luncheon will focus on the state of the economy as well as provide a cautionary tale on how to survive tough business conditions.
The key note speaker will be St George Banking Group's chief economist Hans Kunnen who says that the Queensland property market is finally finding its way back to the positive.
"The outlook for house prices is improving. Brisbane has one of the lowest vacancy rates in the country; it is under-supplied with housing; and the population rose by over 80,000 people in 2102. These people have to live somewhere," he says.
"Consumer sentiment is on the rise as house prices stabilise and wealth is rebuilt following the slaughter of superannuation balances since 2008. Add to that low interest rates and the scene is set for a pick-up in home construction, home purchases and home prices. We may not see the boom of past years but things are picking up."
Also speaking at the luncheon is Stephen Milne, the Brand and Communication director of Riviera - the luxury boat-builder which went from boom to bust during the GFC but is now back better than ever.
The 2013 REIQ/Aon Principal Licensee Luncheon is on from 11.30am to 2pm on Friday 8 March at Hillstone St Lucia in Brisbane.
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