Scott O'Neill
speaker
1,140 appearances
15 recordings
2 series
first heard Jan 2022
last heard 12 May
Scott O'Neill’s voice in public audio — every appearance, attributed to the second.
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Talking to people that sort of own hotels and that over here, they're saying next year is going to be even bigger by about sort of 20% larger.
So like I've even noticed it on the ground in Greece, like there's people who got newer cars all of a sudden, there's prices of property over here are going up.
So this is coming off like a very low base though.
Like the GFC totaled the economy over here.
Yeah, it's been a long recovery and it's quite hard still.
But you can definitely see there's a lot more wealth all of a sudden relative to what it was.
So COVID has definitely created a bit of pent-up demand.
And yeah, I'm sure you know from the airlines, you're seeing all those unprecedented demand pushing prices up of tickets.
So it's sort of the same thing that's happening for, I guess, all the tourists over here as well.
Yeah, exactly.
A lot of foreign money is coming in.
Like I know the Germans have bought a lot of the airports over here and redone them so they can fly more locations.
So there's all sorts of, I guess, external money flowing into the economy.
So yeah, you're right.
I think it'll be a pretty good few years ahead for them.
It's been quite interesting.
Like talking around the country, it's a mixed bag in summary.
So to summarise, your lower yielding assets are the ones that are generally found in Melbourne and Sydney.
So they're your...
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