With the fall in interest rates last week, and record scrutiny of foreign investment by FIRB, not to mention the ongoing COVID crisis and the uncertain world economic outlook following the US election, some investors could be forgiven for stitching the mattress lining to hide away their savings.
But it is Hazelbrook's view that these factors are supporting a positive outlook for domestic investment in the first quarter of 2021, and our anecdotal experience is lining up with that forecast with an uptick in transactional activity across the board, including plenty of activity in tech, finance and, agribusiness.
The RBA's announcement to lower interest rates are always a sure predicator to increased activity as investors seize on the relative affordability of borrowing. Given that M&A has already shown signs of revived interest despite an early dip because of COVID-19, this can be expected to reboot investment activity.
