The continuous rate cuts led to a 25% surge in online property search, which helped offset the sharp drop in the number of Chinese homebuy enquiries caused by the US-China trade war and Australia’s growing architectural flaws. Nerida Conisbee, chief economist at real estate website realestate.com.au, and real estate market prospects discussed by real estate…
According to The Times, the state government said it would introduce a new bill to blame the builders who installed dangerous building cladding. On Tuesday, Planning Director Richard Wynne announced the new bill. If the state government funds the repair of the dangerous envelope, then the government can blame the builders on behalf of the…
Foreword We believe that buildings are classified and designed for specific uses: libraries, such as schools, prisons or hospitals. The room or open area (also called “space” in modern terms) is also determined by its function, so we mark it as a bedroom, living room, conference room, office, study or even a gift wrap (if…
Foreword House prices may now fall, but Australians’ concerns about housing affordability have not eased. House prices in Sydney and Melbourne fell by a few percentage points, which is a cold comfort to first-time buyers. They still pay 50% more than five years ago. Prices may fall further, but even so, housing prices will remain…
Economists predict that house prices in Melbourne may return to their peaks by the end of next year. Since the market crashed from 2017 to 2019, the market speeds of these two cities have improved faster than expected, and now those who want to enter the market are facing increasing pressure. Before the signs of…
Senior Labour Senator Kim Carr supported Australia’s cooperation with Chinese researchers and launched a campaign against “Cold War Soldiers”, “anti-China elements” and “hawks in defense and security agencies”. However, what should be done within the Federal Labor Party for Australia? There have also been differences in relations with Beijing. Senator Carr also “deeply concerned” about…
Aaron Christie-David, co-owner of mortgage brokerage firm Atelier Wealth, points out that everything depends on the lending institution. He said: “People usually think that smaller lenders will charge a higher fee, but in some cases, I found the opposite. Before investing in some loan options in the market, you can be sure Get the best…
Morrison called Australia and the United States’ ANZUS Treaty the “most important single achievement” of the Liberal Party in the government. The agreement was negotiated and signed by the Menzies government in 1951, officially establishing the Australia-US alliance. In an exclusive interview to commemorate the 75th anniversary of the Liberal Party, the Prime Minister said…
According to reports from Fairfax Media today, the Labor government will announce a $9 billion grant for the Melbourne Metro Tunnel. In addition, the Labour government has invested 40 million Australian dollars to make the project “ready.” Before the shovel digging the ground, the railway tunnel is facing a series of engineering challenges. According to…
Foreword The drastic cuts in environmental projects and staff in today’s federal budget are not the only “green” cuts that Australians should focus on. The Australian federal government is currently investigating simplified environmental regulations, “green tape” and one-stop shops, which appear to revolutionize the way Australian environmental regulations work. In the end, it has the…