After the Australian dollar broke the 78 US cents mark on Wednesday, it rose another 0.2% to 78.17 US cents on Thursday, the highest since April 2018. Since the Australian dollar probed as low as 55.11 US cents in March, it has risen for 9 consecutive months and has risen by as much as 41.8%…
From 1900 to 2010, the amount of materials accumulated in buildings and infrastructure worldwide increased 23 times. We are consuming resources at an unprecedented rate. Now is not to start extracting dwindling raw materials from nature at higher and higher costs, but time to start reusing the raw materials in our cities’ buildings and infrastructure.…
Demolition work is the most dangerous work in construction, and construction itself is one of the industries with the highest injury rate. Abandoned Didcot Family The tragic collapse and death of the Didcot Family Abandoned Building is a strong reminder of the danger of demolition. Not long ago, after a major boiler room collapsed, one…
Brendan Sproules, head of Citibank’s research department, said that APRA’s move to restrict bank dividends in 2020 may give banks the opportunity to reset the dividend payout rate. Mr. Sproules said in a report that as long as COVID-19 remains a threat, the remaining capital will be returned to shareholders in the form of repurchase…
The waterfront and inland resorts on the outskirts of Melbourne soared to the top of buyers’ wish lists in 2020. The tree-lined enclaves Park Orchards, Montmorency and Ferntree Gully on the Mornington Peninsula are more sought after than ever, as the new crown epidemic has stimulated population outflows from the inner city. Realestate.com.au listing views…
ANZ decided to expand the scope of its mortgage deferred loans. Customers with good credit and in need will be able to apply for deferred loans. This makes the bank the bank with the highest ratio of frozen loans to total loans among the four major banks. According to data from the Australian Prudential Regulation…