Japans $1.4 Trillion to its economy may flow on to Australian Property

Japans $1.4 Trillion to its economy  may flow on to Australian Property

 

 

Japan's central bank has promised to unleash a massive program of quantitative easing worth $1.4 Trillion to double the country's money supply in a dramatic move to restore Japan's economy and fight the deflation.

 

The policies known as Abenomics, formulated by Japan's new prime minister Shinzo Abe, the Bank of Japan will buy government bonds each month using electronically created money, with the aim of rekindling demand and pushing up prices and wages.

 

 

Haruhiko Kuroda, the Bank of Japan's new governor, described its stance as "monetary easing in an entirely new dimension"

 

 

The main Nikkei 225 stock index has just climbed as much as 4.7% to 13,225.62, its highest since August 2008.  The Bank of Japan said on Thursday it would double the country's money supply to spur growth and halt falling prices.

 

 

Over the past 12 months there has been moderate interest from Japanese property investors in the area of mining, rural and residential acquisitions but in the past 3 months in particular the enquiry rate has escalated.  

 

 

The Japanese Yen certainly made a mark in the 1980's and early 1990's in Australia and all of the indicators show that it's on its way back.  

 

 

Many Japanese purchasing in the residential property sector have indicated a major point in Australia's favour is its Nuclear free situation,  and with the latest news being;    On Saturday Japan's Fukushima nuclear plant started moving radioactive water,  about 108 tonnes of the water is believed to have breached the tank's inner linings.  

 

 

And this my friends is only the tip of the nuclear iceberg...