The housing area in Australia is getting bigger and bigger, but it is usually not sustainable. In our recent research, we studied the energy use of Australian houses, including the energy needed to build, maintain and power houses. Perhaps unsurprisingly, we found that more energy enters larger houses. This is not only bad for the…
Great Ocean Road attracts 2.6 million domestic tourists each year, and about 270,000 international tourists before the epidemic. The opening of the first phase ended the isolation of these communities. Howard Hitchcock, the mayor of Geelong at the time, believed that Great Ocean Road would become a tourist attraction. Michael Coutts, an agent of Great…
Australia’s housing prices have soared, with a total of 20 billion Australian dollars in loans. Experts worry that the Bank of Australia will raise interest rates, and the housing market boom will stimulate economic recovery. House prices in Australia have soared, with the total amount of mortgage payments reaching nearly 20 billion Australian house prices…
The Reserve Bank of Australia (RBA) board of directors announced at the first meeting of this year that the official interest rate will remain at a record low of 0.1%, and also announced plans to increase the purchase of government bonds by an additional 100 billion Australian dollars. Governor Philip Lowe, the Governor of the…
