Melbourne office market rises further in 2020

The latest research from m3property, an Australian real estate valuation consultancy, shows that Melbourne’s office market will rise further in 2020, benefiting from downward pressure on vacancy rates and rising pressure on rents. According to director of m3property (AndrewDuguid, the continued influx of overseas investors will be a key factor driving further reductions in commercial…

Treasurer announces new Victoria budget

According to the Herald Sun, Treasurer Paras has submitted a 2019 Victoria budget, will implement projects in Victoria’s rail network and local roads, and invest in early education. This spending mentions many of last year’s campaign promises, including the Northeast Link project, the upgrade of the Sunbury line, the new Footscray Hospital and 1,600 new…