Australian business confidence reaches 31-month high | Sky News Australia

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 78%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Sky News contributor Peter Switzer says there is much to be positive about after an NAB survey revealed Australian business confidence is at a 31-month high.

Mr Switzer told Sky News the economy is reacting positively to advances in fighting the coronavirus. “I always understood that there was an economic implication if we can get vaccines happening because it returns the world to normalcy quicker than we expected,” he said.

“That’s why I said some companies like Webjet and Flight Centre and Qantas could be good investments because you get in early and you wait for the normalcy to come in faster than you expected and bang their share prices go up. "Everyone's seeing this normalcy comeback and the reopening trade to be a real pusher of the stock market in 2021".

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines