Professor Nancy Baxter, an epidemiologist and head of the Department of Population and Global Health at the University of Melbourne, said that the state is unlikely to reach the “three-stage” unblocking goal. Now that the number of confirmed cases is small, the numbers will continue to fluctuate. Baxter said that the authorities should allow more…
According to reports, the new crown epidemic may prevent overseas tourists from coming to Australia, but it has not extinguished the enthusiasm of overseas buyers for Australian real estate. And overseas buyers seem to be particularly interested in properties on the Lower North Shore, and they are not limited to luxury homes above A$10 million.…
In the A$17.8 billion tax cut plan, 11.5 million employees will receive tax cuts within a few weeks. The plan will take advantage of individual tax cuts, corporate investment incentives, and new subsidies for companies that hire unemployed people. Promote the economy out of recession. If the Senate approves the Morrison administration’s plan to retroactively…
The new budget lists A$98 billion in new expenditures, including tax cuts of A$50 billion for businesses and low- and middle-income earners, with a view to creating 950,000 jobs in the next four years. The rapid tax cuts of billions of Australian dollars and wage subsidies for young workers have highlighted that the federal government’s…
Driven by the downsizing and relocation of companies, this trend is expected to push up the vacancy rate in cities across the country, and as incentives increase, this will eventually put pressure on value. Charter Keck Kramer’s country director Steve Kingston said that as tenants begin to make critical decisions about the space needed, sublet…
New tax measures Income tax relief: The government is expected to retrospect the “Phase 2” tax cuts originally scheduled to begin in July 2022 to July 1, 2020, and the “Phase 3” tax cuts that will begin in 2024 will also Implement in advance. This means that the threshold of the 32.5% tax rate has…
The 2020 municipal council elections in Victoria, covering 4.33 million voters, are in full swing. Ballot packages will be mailed tomorrow. This is the first time that all elections in Victoria will be completed by mail. Commissioner of the Election Commission Warwick Gately encouraged voters to vote as soon as possible. After the voter receives…
The 11 billion-dollar Melbourne subway tunnel project recently opened the underground passage between Parkville and South Yarral, which marks the completion of 50% of the work of this major project. A total of more than 364,000 cubic meters of gravel soil were excavated by excavators. Another excavator is currently completing the excavation of another tunnel…
Borrowers are expected to see further declines in mortgage interest rates as Australia is struggling to escape the economic disaster brought about by the new crown epidemic. The Reserve Bank of Australia (RBA) Deputy Governor Guy Debelle said that the central bank may ease monetary policy and further reduce the official cash rate to 0.1%…
UBS analysts Tom Bodor and Grant McCasker said that if the Australian government provides support in taxation and planning, the scale of BTR (long-term rental apartment) construction in Australia will increase significantly in the next three years, adding 10,000 long-term rental apartments every year. Two analysts said that five large developers, including Mirvac, are increasing…