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…