Liana Moule is part of an exodus of young people fleeing the city for the peace and quiet of regional towns. Moule and her husband, Gavin, moved to Victoria’s Mornington Peninsula from the Melbourne suburb of Coburg in 2021 after they were both able to partly work from home during the pandemic, and they’ve continued working from home since then. Proceeds from the sale of their city property paid for a huge chunk of their new home, which they want to knock down and rebuild.
Many couples are in a similar position, and this is changing the way investors consider the future for a range of sectors. According to the Regional Movers Index, for the December 2021 quarter, there was a 15% increase in the number of people moving from capital cities to regional areas during 2020 and 2021 compared with the two previous years. While there was a small dip in-migration from the city to regional towns in the last quarter of 2021, the trend for people shifting from metro areas to the country is expected to continue, at least in the medium term.
Savvy investors appreciate that this dynamic is shifting the fortunes of different industries. Aside from the impact on property prices, the millennial diaspora also presents opportunities in sectors like health, energy and even financial services. Here are some of the likely winners.
• Disruptors in technology
The new tech winners are the ones nipping at the heels of the FANG stocks – Facebook (now Meta), Amazon, Netflix and Google – and, at the same time, keeping them relevant.
Esta historia es de la edición April 2022 de Money Magazine Australia.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición April 2022 de Money Magazine Australia.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
An outrageous, beautiful monopoly
Telstra's mobile business is a cash machine with few competitors, giving it the highest returns in the world.
Drop the anchor to judge value
Buying and selling decisions should be based on where a stock price is going, not where it has been.
Powering the AI boom
Beyond the software and chipmakers, where will the energy come from?
Get into life
Tucked inside super are products that can protect you from life's inevitable uncertainties.
Paths to home ownership
Taking the road less travelled can sometimes deliver unexpected benefits.
Sold! Quick ways to add value
Small, strategic changes can have a big impact on the look and feel of your home. And get you a better price on auction day.
Money lessons the kids need to know
Your children can learn a lot from your past money mishaps. Here are eight financial conversations I have had with mine.
Property-investing rules: are they likely to change?
The pressure for the government to curb the tax benefits of tax concessions, such as negative gearing and the capital gains tax discount, is unrelenting. Most recently, independent senators David Pocock and Jacqui Lambie proposed five options for paring back investment property tax concessions, with savings to the Federal budget of up to $60 billion over the next decade.
What's love got to do with it?
A rollercoaster of emotions could be driving poor crypto behaviour.
Are we ready to be cash-free?
Saying goodbye to our piggy banks too soon could leave small businesses in the dark when problems arise.
