The Victorian government passed a new regulation that (the new regulation) removes the developer’s ability to use the “Sunset Clause” to deliberately extend the duration and crush buyers. Under the Land Sale Act Amendment Act (Act) of 2019, developers can only exercise the “sunset clause” with the written consent of the buyer or (acquired) the…
The Reserve Bank of Australia cut interest rates to a record low of 1% The central bank also cut interest rates by 25 points last month, when the rate cut was the first rate cut since 2012. The market has already predicted today’s interest rate cuts, and it has been estimated that about 80% of…
基础设施 INFRASTRUCTURE Planning for development of social and physical infrastructure should enable it to be provided in a way that is efficient, equitable, accessible and timely. Planning is to recognise social needs by providing land for a range of accessible community resources, such as education, cultural, health and community support (mental health, aged care, disability,…