According to the Herald Sun, Treasurer Paras has submitted a 2019 Victoria budget, will implement projects in Victoria’s rail network and local roads, and invest in early education. This spending mentions many of last year’s campaign promises, including the Northeast Link project, the upgrade of the Sunbury line, the new Footscray Hospital and 1,600 new…
In Sydney, a prestigious apartment building built by a well-known developer is replacing the first waterproof and waterproof membrane. Five years later, the first waterproof and waterproof membrane has been completed and leaked. The second film is almost certainly compliant with the National Building Code (NCC) and has proven to be qualified; the first may…
A recent heat wave in eastern Australia reminded us that we are in the Australian summer. In another record hot year globally, as heat waves become more frequent and intense, our cities make us hotter. This is a city’s heat island, where urban temperatures can be significantly higher than the surrounding rural areas. So the…
With interest rate cuts and supply shortages pushing up prices, Melbourne’s housing market has driven the biggest monthly rise in house prices in 16 years. CoreLogic’s monthly house price index shows that house prices in the nation’s capital cities increased by 1.7% in November, the largest monthly increase since 2003. Melbourne is not far behind,…
The Australian intelligence agency will lead a new task force to strengthen its response to the threat of foreign intervention. The federal government plans to spend 88 million yuan to form a new anti-foreign intervention task force. The task force will expand the resources of the National Anti-Foreign Intervention Coordinator, currently under the Ministry of…
Spending an entire day in an air-conditioned room, and then walking to a car that has been basking all day, is an extreme sport that many of us face. But people have overlooked that these temperature changes are determined and regulated by design. Some time ago we reported the danger of leaving children in a…
A series of local economic data is coming this week, and the Australian stock market is expected to rise on Monday. The Reserve Bank of China met on Tuesday, and the market expects interest rates to remain unchanged. A series of economic data will be released this week, including GDP data. “The National Bank (NAB)…
Morrison announced that the anti-religious discrimination bill originally scheduled to be introduced to the federal parliament this year will not be submitted as scheduled. The draft has been widely criticized by religious groups for lobbying for peace and has been called “no friends” by opposition parties. The Morrison government struggled this week, with its bill…
According to the Times, data show that land sales in Melbourne’s suburbs are catching up with those in the inner city, and the weakness in the land market over the past three years has been wiped out. According to the RPM Real Estate Group’s residential market review report, the number of new home land parcels…
Whether Australia needs to run a money printing machine to boost the economy, according to RBA Governor Philip Lowe, it will not do so in the short term. Dr Lowe said Australia had not fallen to the point where money printing was needed to stimulate the economy. He discussed so-called quantitative easing at a business…