Victorian government introduces new building law

According to The Times, in response to the crisis facing Victoria’s residential construction, the Andrews government will take action to crack down on illegal builders, architects and plumbers. The new bill will target the “fraudulent liquidation of the Phoenix company”, which seeks to avoid being criticized by victims through deliberate liquidation. The Victorian Bureau of…

Why does the outer suburb lack the upscale of the inner city?

One of the clear differences between the inner and outer suburbs of Australia is the quality and type of retail products. The upscale urban suburbs (such as Melbourne’s Fitzroy) have independent owner-operated retail operations. Busy “third places” such as cafes, bars and restaurants are commonplace, where people spend time between home (“first” location) and work…

Australian luxury market is almost crazy

This week, nearly 2,000 homes in Australia participated in the auction, which was basically the same as last week’s auction, indicating that the number of auctions has continued to be stable recently. The preliminary clearance rate for this week was 75.6%, which was slightly lower than the initial clearance rate of 77.3% last week. A…

Victoria officially joined the “Belt and Road” program

According to reports, Victorian Governor Daniel Andrews signed a new “Belt and Road” agreement with China in Beijing on the evening of October 23. The report pointed out that Victoria and the Chinese government and its global “One Belt, One Road” infrastructure project signed a new agreement, Victoria Governor Daniel Andrew called on other state…