5 April 2012
5 April 2012
A University of the Sunshine Coast student’s analysis of global debt and future lending trends has made headlines in a leading national property magazine.
The research paper by USC’s Bachelor of Property, Economics and Development student Janet O’Hara was the March edition cover story in the Australian and New Zealand Property Journal, published by the Australian Property Institute (API).
Ms O’Hara was awarded a National Credit Union bursary to undertake the research as part of her property course.
Her 5,000 word article titled “Debt; the Good, the Bad and the Ugly” discusses the challenges of predicting the availability of finance into the future for property investment and development.
Ms O’Hara, 37, of Sippy Downs, said she was proud to have her work feature in the property industry’s leading magazine.
“Property is a capital intensive investment for either residential or commercial and my paper discusses the challenges of predicting the availability of finance into the future after the global financial crisis,” she said.
“While Australia may seem geographically remote, it is part of the world economy, and as the Global Financial Crisis has shown, global issues and debt are equally local concerns.
“Confidence takes time to be restored but a steady climb out of these recent economic issues can be expected over the next few years.
“In 2007 and 2008, banks were falling over themselves to hand out money and because property is very cyclical, banks will be lending easily again in the future.
Ms O’Hara is a final-year property student who has previously achieved a Bachelor of Commerce at USC, majoring in Financial Planning.
Her career goal is to be a commercial property and asset manager for a mining company.
— Michelle Widdicombe