07 Apr 2020
Words Chenoa Daniel
An Easter update from Chenoa & Glenn at ResortBrokers
Are we telling the kids that the Easter Bunny has coronavirus or that he can’t cross the state border? We all have to be on the same page here!
Both Glenn and I would like to start by hoping that this newsletter finds you and your families safe and well.
Like many of you finding your way through this challenging time, we all have to take a moment to sit back and prioritise. We’ve moved so quickly from our normal everyday routines to fighting for toilet paper at Aldi and feeling like a winner just because we have a bottle of hand sanitiser.
I bet your mundane routine is not seeming so dull now, huh?
It’s not business as usual and, for now, our immediate priority shouldn’t be about business.
We are living through an extraordinary period in our lives and one that is still difficult to comprehend. The terms ‘social distancing’ and ‘flattening the curve’ were so foreign to us only six weeks ago and yet these are now part of our everyday vocabulary.
Amid all the doom and gloom, we wanted to take a moment to remind you that there is always light at the end of the tunnel. For the likes of myself, I also take comfort from the fact that there is chocolate and wine at the other end (especially now that day drinking is socially acceptable).
It’s also important to remember that despite the ‘hibernation’ that has had to happen to Australia’s economy, it is fundamentally strong with solid foundations.
The fact is that the Federal Government was able to deliver a three-pronged stimulus package worth $320 billion over three weeks to save six million jobs. This is indicative of the belief that the economy may have stalled, but the engine is still running and ready to go again once the health crisis is under control.
Other countries, like the US, UK and EU, have also launched major stimulus packages and our fortunes are also linked to this as we are connected to these economies. Confidence will return to the business sector, and the tourism and accommodation industry in particular.
Australians have always had a love affair with property, both residential and commercial, and it is well recognised and entrenched as a ‘safe haven’ for creating and storing wealth in our society. This current event is not part of the regular property or business cycle and people will always transact as their needs change.
Things will get back to normal. It’s not a matter of if, but rather a matter of when.
Until then, we need to remember we cannot control things which are not in our power but be positive and work within the parameters we have. Plus, if people ever needed a holiday away from their children, you can bet your bottom dollar they will after this.
Like many of you reading this, I need to learn to ‘social distance’ from the fridge but Easter is nearly upon us after all. So, go on, add butter to that hot cross bun – you know you want to!
Stay safe, stay home and most of all – stay positive.