There is no doubt that the economy is improving as RBA boss Glen Stevens describes this as “one of the shallower recessions we’ve ever experienced”. Interest rates are still low but won’t stay this low for too long. Businesses are now looking for opportunities to make the most of the recovery period and ensuring they are best positioned for growth.

The confidence is based on statements from international and local experts. A recent report by the International Monetary Fund (IMF) has given Australia a remarkably sound bill of health saying it has among the most impressive national economies. The world body confirmed the downturn in Australia has been milder than in most other advanced countries. The IMF’s view has been joined by AMP’s Chief Economist Dr Shane Oliver who points out that nine major global economies, including our vital commodities customers like China, Korea and Taiwan, are now reporting positive GDP growth.

Property trusts are also making their move. A year ago the property trust business was the pits with most pulling down the shutters and in survival mode. Today most have repositioned their businesses convinced the economy will deliver another boom. A quick look through the list of those claiming a solid future include Macquarie Country Wide Trust, Westfield Group, Dexus Property Group and Prime Property Funds to name a few.