Melbourne industrial land values up 22.8 per cent in a year

Melbourne’s industrial land values surged faster than any other capital city in the past year matched by a strong uplift in rents, according to a new report by CBRE. Driven by competition for “attractive locations with strong accessibility”, the price of a 1.6-hectare Melbourne lot increased 22.8 per cent in the past 12 months (to…

Minister urges delay on Elizabeth Street traffic closures

The Victorian government says the worst of Melbourne’s property crash may be over, with the downturn showing signs of ‘bottoming out’. The comments by Victoria’s top economic bureaucrat come as a leading housing economist predicts a small bounce in the market, with the federal election over and interest rate cuts tipped. But the fall in…

Victorian Governor plans to attend the Belt and Road Forum next week. Want to attract investment for the Northeast Connected Project

In October last year, the Victorian government signed a confidentiality agreement with China to link Victoria with the Belt and Road Initiative. The Belt and Road Initiative is a project that implements billions of dollars worth of infrastructure around the world. When asked if the trip was to seek support for the Northeast Connect project,…

Wellington Transportation Planning Policies and Methods (2)

Sports network Sustainable personal transportation purpose Promote the use of sustainable personal transportation. Strategy Ensuring the development and planning of the new suburbs, urban renewal areas, Grayfield Reconstruction areas and bus-oriented development areas (such as train stations) Promote more opportunities for walking and cycling. Encourage the use of walking and cycling by creating a safe…