Happy Australia Day
It is Australia Day today and all Australians living downunder or as expats have a good reason to celebrate.
Our nation, as young as we are in comparison to some Europeans is a great melting pot of all nations, in 2009 for the first time, immigrants from China represented the largest community entering our great land.
Sadly only, Australia Day usually means, that the summer holidays are over. Back to work, use your newly made networking contacts - all of us…
Happy New Year to all our ZaaBiz members
The ZaaBiz Team wishes all of our members and members to come a happy and prosperous New Year - may 2010 bring all the excitement and thrill needed to be successful in your respective businesses.
Make 2010 Your Year for Business Networking
ZaaBiz has now been in business for two years and we are very proud of our achievements. More than 150,000 members from AustralAsia use the platform to network with their business contacts. Our strongest followings are in Australia and India with many thousand members on board that came in from Singapore and Dubai in the past months.
Keep on networking on ZaaBiz - we are empowering business networks!
Our next business networking event in Sydney’s CBD
As this month’s event is sponsored by Perpetual, we’ve decided to let everyone attend this one event for FREE. But RSVP early, as seats are limited.
Business Networking in Sydney
This month we’re asking you to take a moment out of your everyday business or professional life to hear how you can make the most of your personal or business’s financial position from the market recovery. Our event partner Infusion Networking Group has chosen to collaborate with the experts of Perpetual to give business owners, professionals and entrepreneurs a great opportunity to be well informed.
Earlier this year, you probably learnt how to survive tough economic times, now discover what happens when the market starts recovering and whether it’s time you re-enter the markets.
When markets recover – wealth flows to the well informed - is it time to re-enter the markets?
WHEN: Wednesday 21 October, 5:30pm, for 6:00pm start – 9:00pm
Guest speaker and Topic Expert ‘MATTHEW SHERWOOD’ (Investment Markets Research, Perpetual)
THE VENUE: Level 12, 123 Pitt Street, Sydney (Corner Angel Place)
THE COST: FREE (normally $25)* - includes drinks, light refreshments, presentation and networking opportunities
BOOKINGS ARE ESSENTIAL: As seats will be limited please RSVP by 15 October to info@infusion.org.au
Meet many interesting business people from Sydney and beyond.
Real Estate slump is over in Australia
Melbourne Skyline
We have all seen the queues of mostly young people lined up in front of the houses for auction in the past weekends. Tomorrow, the first part of the ‘first home owner‘ bonus will disappear - the 30th of September marks the last day of this highly popular boost to the real estate sector. Where we have seen worried faces in the industry before when such extinction of government help was on the horizon a few months ago, this time it is all different.
The real estate industry has been a happy one in these past weeks and continues to do so: Prices went up in most of the cities, and the outlook for Australia’s real estate sector couldn’t be better.
The RBA reported today that average annual population growth Down Under has been 340,000 over the last five years, up from 240,000 over the prior five-year period, an increase of around 40 per cent. “Yet the number of dwellings we have built has not risen. Commencements of new housing over the past five years have averaged around 150,000 dwellings, versus around 155,000 over the previous five-year period. It would not be surprising if this was one factor that had contributed to the increase in the cost of housing over the past decade,” states a report published by the RBA today.
We can see a new boom for the housing industry arise: the real estate slump is officially declared over.
Teens let spending power shine
With Australia getting some positive economic results this week, it seems that it’s the teen demographic that have been propping up many of Australia’s industries – namely electronics and fashion. Around half of Australia’s 15-19 year olds are engaged in casual or part time employment and, as many of them have no other financial commitments their money is getting poured right back into the economy. For supporting evidence, just look toward the results electronics store JB Hi Fi have been reporting recently.
Meanwhile Aussie blogger Erica Bartle has been writing on The Punch about how the teens are in charge of the fashion world. Social networking and blogging sites are setting the agenda for all things ‘cool’; MySpace favourites are on the radio, tweens are on the screens (think Twilight and Harry Potter), and the same 16 year olds are heading advertising campaigns for some of the world’s biggest luxury fashion brands.
It’s no wonder that the younguns have taken so well to holding up the economy – they’re the ones seen out and about in all the best clothes, in all the magazines, having the high life pushed on them through every media source available. If you need an example of the way kids, tweens and teens are being taught to spend, just watch an episode of Gossip Girl.
In Australia at least, these patterns of spending seem to be working in our favour.
Signing off,
Louise.
