Tipping the top or bottom of a market is never smart, especially at a time of volatile trading; but a series of recent events point to confidence growing in the start of a recovery in the Western Australian economy.
Mastering the elements of the sales process requires you to control outcomes and ownership, not simply deliver sales presentations and closing techniques.
It is hard to find a winner in the coal-mining industry these days but some investors were quick to spot a Perth-based winner yesterday in the form of Wesfarmers, which saw the value of its coal assets boosted by a deal in the Hunter Valley of NSW.
This week REIWA members reported the total number of sales continued to trend downwards to 565, a decline of 6 per cent over the week and is the lowest number of sales reported since mid-July 2015.
The government of Malcolm Turnbull moved quickly to differentiate itself from that of Tony Abbott with some key cabinet announcements –including the reintroduction of the position of a minster for cities and the built environment.
"You could drop a nuclear bomb on this parliament and Julie Bishop would crawl out as deputy leader." Labor senator Sam Dastyari's light-hearted joke with journalists was pretty close to the mark.
If Andrew Mackenzie and Sam Walsh are right, then Western Australia’s commodity dependent economy could be at the start of a recovery; and not before time, given the weakening state of the property market as measured by mortgage defaults.