Infrastructure Australia announced that the expansion of the East Coast suburbs has ended and warned that the biggest challenge for the government will be to provide adequate inland services to cope with the growing population. Romilly Madew, the chief executive of the infrastructure regulator, said, “The 70-year leading trend in our urban fringe has ended.”…
ANZ CEO Shayne Elliott warned that if banks become more conservative, the revised plan for responsible lending regulations may further hamper borrowers’ access to credit and undermine the economy. In a panel discussion at the loan company Aussie Home Loans’ biennial national conference, Mr. Elliott said that if banks and other lenders become more cautious…
In August, Liberal MP Peter Phelps issued a fierce roar in the New South Wales House of Lords, saying that the traffic lights were “Bolshevik threats.” He believes that traffic lights are in line with the state’s suppression of individual freedom. Instead, he demanded that we need more roundabouts: “The roundabout represents freedom. The roundabout…