Investors confidence surges in 2009

Investors are not deterred by the current rising interest rate environment. According to ING Investment Management’s quarterly Investor Dashboard Sentiment Index, Australian investor sentiment is up 124% in the last 12 months, highlighting the rapid improvement in economic and financial conditions.

More than 80% of Australians surveyed believe their economic situation has improved, and the early prognosis for 2010 looks rosy, with more than 70% of Australians expecting the economy to improve over the next three months.

Similarly, 67% of Australian investors expect an increase in property prices - a 6% jump on last quarter’s results. The survey records the opinions of more than 3,500 mass affluent investors from 12 countries across the Asia Pacific Region.