Driven by the resources sector, the Australian stock market continued its strong momentum in the previous week, and the S&P / ASX 200 index rose 16.8 points to 6,756 points. After the United States said that it has made progress in reaching a trade agreement with China, on Tuesday night, Australian Reserve Bank (RBA) President…
The Morrison government re-launched the Christmas Island Center in February on the grounds that there was a surge of asylum seekers related to changes in the Refugee Medical Transfer Act. The records listed on the federal government’s Austender procurement website show that CI Resources won the contract after the public tender. The contract for “portal…
Foreword The story of Perth’s low-density real estate and development is well known. There is an increasing need to develop plug-in housing for a growing population, resulting in a more compact urban form, which has become an inevitable part of talking about density. This reasoning has been widely accepted over the past decade. However, understanding…
One of the clear differences between the inner and outer suburbs of Australia is the quality and type of retail products. The upscale urban suburbs (such as Melbourne’s Fitzroy) have independent owner-operated retail operations. Busy “third places” such as cafes, bars and restaurants are commonplace, where people spend time between home (“first” location) and work…
This week, nearly 2,000 homes in Australia participated in the auction, which was basically the same as last week’s auction, indicating that the number of auctions has continued to be stable recently. The preliminary clearance rate for this week was 75.6%, which was slightly lower than the initial clearance rate of 77.3% last week. A…
Victorian Governor Andrews signed a new agreement with China, which is part of the controversial One Belt One Road plan. The framework agreement was signed today with the National Development and Reform Commission in Beijing. Victoria and China will cooperate with China on infrastructure, innovation, elderly care and trade, but these documents have no legal…
Extended space Studies have shown that humans do not like to be kept in cages, but prefer to stay in larger, more open spaces. Different factors, such as the shape of the room, the color of the surface, and the location and brightness of the lighting, all affect our perception of space. These are the…
ANZ, one of Australia’s largest banks, predicts that house prices in Sydney and Melbourne will grow by more than 12% a year by the middle of next year. In addition, the RBA also predicts an opportunity to achieve economic recovery in 2020. ANZ economists believe that changes in market sentiment and bank interest rate cuts…
According to reports, Victorian Governor Daniel Andrews signed a new “Belt and Road” agreement with China in Beijing on the evening of October 23. The report pointed out that Victoria and the Chinese government and its global “One Belt, One Road” infrastructure project signed a new agreement, Victoria Governor Daniel Andrew called on other state…
Westpac (Westpac Bank) will allow real estate investors to apply for a mortgage at a lower deposit than previously required. The largest lender in Australia is looking for ways to boost the mortgage business. This is the bank’s latest move to the revived real estate investment market, which is increasing the maximum valuation ratio of…