Our Backyard – Aireys Inlet

Welcome to Aireys Inlet

The Reserve Bank of Australia decided to keep rates unchanged this week for the tenth consecutive month.

Treasurer Scott Morrison warned that the economy’s future is not yet secure as Australia prepares to stumble across the line to grab the world record for the largest period of consecutive growth.

The median updated forecast of all 23 economic institutions surveyed by Bloomberg is for growth of just 0.3 per cent, enough to put Australia on level pegging with the Netherlands for the longest run of uninterrupted growth.

However several banks have revised down their forecasts ahead of the release of the national accounts, with the CBA predicting growth of just 0.1 per cent and the NAB predicting a negative result of -0.1 per cent.

Locally, stock levels are likely to dip even lower as we have contracted two houses in Aireys Inlet this week reducing the already low number of houses for sale.

The beauty of nature was on full display on Thursday morning.



Where would you rather be?


James Worssam


0418 585 815


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