New Zealand Prime Minister Adeen visited Melbourne this week to deliver a speech on the good government. Ms. Aden will deliver a speech to the Melbourne City Council on Thursday night “Why is a good government so important?” She was invited by the Melbourne City Hall and the Australian and New Zealand School of Government.…
So much stimulus After putting a dampener on property for four years, regulators, Federal Government and the RBA are all re-applying stimulus to the property market. Here is the state of play so far: APRA have removed the speed limit on investor lending growth, the cap on interest-only loans and the 7.5% stress test on…
Strong interest in a well-known Monash medical centre has proved a welcome injection in the commercial property market. Waverley Medical Centre at 242-244 Springvale Rd, Glen Waverley sold for an undisclosed sum believed to be substantially more than the advertised price range of $5-$5.5 million. The facility is across the road from The Glen shopping…
fulfill These strategies will be implemented in the following ways: Use policy and exercise discretion Effective settlement planning guides urban development and adds development to areas with the lowest environmental risks and areas where new urban development has the least impact on environmental assets. Need to assess the risks of existing residents, property and community…
ANZ reported that the number of newspapers and online job advertisements rebounded sharply in June, but the potential labor market weakness seems to continue. According to data released by ANZ on Monday, the number of Australian job advertisements increased by 4.6% in June, reversing the damage caused by the April Easter holiday and the May…
According to reports, after the media reported extensively on the deeming rate of retirement pensions, the government faced pressure from the majority of retirees to lower the deeming rate. Finance Minister Josh Frydenberg also promoted and celebrated the passage of the tax cuts, saying that taxpayers can now apply for a refund of $1080 to…
Local planning policy framework This section lists the municipal strategic statements and local planning policies that apply to the areas covered by this plan, and includes provisions for their operations. Municipal planning statement Placement, built environment, heritage and housing This clause provides local content to support Article 11 (Reconciliation), Article 12.02 (Coastal Areas), Article 13…
Driven by more lenient lending, buyers with increased confidence are chasing fewer listed properties, and the housing market is gaining momentum. Due to the small number of properties on the market, buyers’ demand has driven up the clearance rate. CoreLogic’s data shows that the preliminary statistics turnover rate was 78.2% in 552 auctions in Sydney…
Dr. Shane Oliver, chief economist at AMP Capital, said the Reserve Bank of Australia decided to cut official interest rates sharply as it saw the Australian economy was very weak. This may cause the coalition government to have to consider the second part of the tax reduction plan in advance. Last week, the two houses…
The data at the Reserve Bank of Australia reminds us that Australia’s relationship with China is very important. Statistics released yesterday by the Bureau of Statistics show that the bilateral trade volume between Australia and China has reached a record level of more than A$208 billion. Australia’s annual exports to China rose from A$126.7 billion…