Melbourne Red23 managing director Terry Portelli said: “We are currently seeing a weekly sales increase of 30% from the beginning of May, which is similar to the situation before the outbreak.” Monthly sales in Greater Melbourne and Geelong started from 1,100 in February And 900 in January fell to 576 in April. In May of…
As part of the government’s economic stimulus plan, about five million Australians affected by the epidemic will receive 750 yuan from this week. The Morrison government prepared to issue a second sum of money at the beginning of the outbreak. This money was used to support welfare recipients and stimulate the economy. This plan is…
House builders say construction workers are at risk of further unemployment in the short term, because any further delays in the HomeBuilder plan may force developers to suspend housing projects. The Ministry of Finance stated that as of June 29, 36,103 people had registered interest in the plan. Victoria accounts for the majority of interested…
According to historical data, Melbourne’s new hotel supply may reduce the short-term to medium-term investment prospects. However, from its excellent record of attracting new supply, it can be seen that Melbourne is still the focus of Victoria. The capital of Victoria has also established the best performing position in the Australian economic system, surpassing the…