A temporary engineering evaluation released earlier showed that the concrete panels were broken due to deviations from the original design in the manufacturing and assembly of the concrete panels. Although the building is structurally stable and there is no danger of collapse, repairing the failure will be expensive, slow and cause damage to residents. The…
According to the Domain Rent Report, the median weekly asking rents for detached houses and units in Melbourne were A$440 and A$400, respectively, up 2.3% and 4.8% year-on-year. In the Glenelg area on the border of South Australia, the asking rent for a single house was $350 in the September quarter, an increase of 16.7%…
Based on the budget boost to business and consumer confidence, as well as the signs of employers and employees shifting from employment subsidies to full-pay employment, this is a major and bold call. Entering next year, Morrison has three major advantages: commitments, credibility accumulated in dealing with the epidemic, and early signs of economic recovery.…
The Reserve Bank of Australia has actually given the green light for real estate investment. One day after the Bank of Australia Governor Philip Lowe delivered a speech, the market share competition of mortgage agencies has led to a sharp rise in housing prices. Dr. Lowe said that record low interest rates will continue for…