According to data from the real estate website, since 2000, the housing affordability of Victorians has soared to the best level. The Housing Industry Association Affordability Report was released this week. The report combines the impact of the new crown virus pandemic on housing prices and Victoria’s 2018-2019 market adjustments to calculate this year’s housing…
The current Reserve Bank of Australia cash interest rate is 0.25%. Taking into account the 2% inflation factor, the real interest rate has been zero or negative. According to the Reserve Bank’s analysis, a one percentage point cut in interest rates will push up house prices by 30%. It is estimated that the two interest…
Australian media revealed that Morrison is planning to adopt the Danish model, using “color coding” to distinguish the epidemic restriction levels across Australia, rather than the current “one size fits all” model. Morrison said that closing state borders has always been one of only two differences between the national cabinet. Morrison said: “Before the vaccine…
Preface The construction of new buildings emits 48 megatons of carbon dioxide (CO 2) annually, which is equivalent to the net emissions of the entire Scottish country. The materials, transportation and construction of new buildings all require a lot of carbon. For example, cement is estimated to account for 8% of global CO2 emissions. Existing…
Several real estate agents in Victoria said that during the epidemic, Melburnians became more and more interested in buying property in the countryside. Real estate analysis company CoreLogic recently commissioned a report on rural immigration during the new crown. The report found that during the epidemic, housing prices in township centers across Australia were more…
A draft extending Jobkeeper and JobSeeker to March will be submitted to Parliament on Wednesday and will be passed with the support of the Labour Party. Morrison told reporters in Canberra: “I expect that we will continue to provide this one-time largest income aid that Australians have ever received.” The Labour Party supports this regulation,…
The Victorian government lists high-risk locations for the new crown. The Victorian Department of Health has published a list of high-risk locations for new crown infections. People who have been to these locations may have been exposed to the new coronavirus. These locations and time periods are as follows: The Victorian Department of Health said…
In the urban space, there are more obvious signs of conflict than the call for police. The Little Malop Street Mall in Geelong has become the subject of many such calls because of frequent events that make the space the focus of media attention. But the author Ross Mueller called for the police to investigate…
A Canadian real estate company acquired a landfill north of Melbourne and plans to spend 230 million Australian dollars to build an industrial center. The property will now be rebuilt into a high-quality 120,000 square meter logistics park and business center, and construction is expected to start in early 2021. The factory’s goal is to…
A developer has announced the construction of a 48-story Paragon tower on the corner of Queen St and Latrobe St, which also includes two penthouses and a three-story Australia’s first indoor urban forest built by the famous landscape designer Paul Bangay. In 2016, the company acquired the historic Celtic Club hotel for 25.6 million. Designed…