Victorian tenant protection order extended

In response to the current situation, the Victorian government announced a series of measures to support landlords and tenants. Specific measures include: Extending the temporary ban on evictions and rent increases until December 31; The government established the Commercial Landlord Difficulty Fund to provide small commercial landlords with a subsidy of A$3,000 per tenant; The…

Victorian tenant protection order extended

In response to the current situation, the Victorian government announced a series of measures to support landlords and tenants. Specific measures include: Extending the temporary ban on evictions and rent increases until December 31; The government established the Commercial Landlord Difficulty Fund to provide small commercial landlords with a subsidy of A$3,000 per tenant; The…

Victorian housing subsidy extended for three months

The HomeBuilder subsidy portal in Victoria was officially launched on August 10, and more than 1,000 applications have been received in the past week. As Victoria is in a strict four-level lockdown period, the HomeBuilder subsidy has also specifically extended the time required for Victoria to start construction. According to news.com.au, the Victorian Minister of…

Nominated for West Melbourne Waterfront Master Plan

It was decided by the Future Melbourne Committee that the master plan for the area of Maribyrnong River will continue to move forward. WMW Developments is the team behind the waterfront project, a joint venture between the family business Perri Projects and Qanstruct. Some experts have confirmed that the construction of the West Melbourne waterfront…

Australia’s four major 2020 revenue debuts

Australia is now ushering in the annual financial report disclosure season. Although the epidemic has dealt a serious blow to the Australian economy this year, according to the financial report data disclosed by various companies, many Australian mining companies, including BHP and Rio Tinto (RIO) ) Etc. The performance has been rising along with the…

Australian government needs productivity reform

Governments at all levels in Australia need to carry out drastic productivity reforms and stop relying on the benefits of the mining boom. If labor productivity growth cannot return to the long-term average of 1.5% from 0.7% in the 2012-2019 fiscal year, Australia’s per capita GDP will fall by A$33,000 before 2055, leading to a…

Melbourne homeowners selling houses surge 4 times

New data shows that during the COVID-19 pandemic, the number of sellers in Melbourne who lowered their asking prices increased nearly fourfold, but the discount rate remained stable. New data released by Domain on Thursday showed that although more sellers have lowered their asking prices, their actual discounts have stabilized at around 4% in the…

Victorian government announced that it will better support multicultural communities

After discovering errors in the translation of key health information, the Victorian government announced that it would spend 14.3 million yuan to better support multicultural communities through the new crown crisis. The new grants announced this Thursday afternoon include 6.9 million for organizations that provide specific cultural assistance on-site, 2 million for translation and interpretation…

Vacancy rate decline in outer suburbs and remote areas

SQM Research, a well-known Australian real estate research organization, released a report saying that due to a large number of white-collar workers working from home, the rental situation of CBD apartments in Australia was dismal in July, while the vacancy rate of the housing rental market in the outer suburbs and remote areas declined. The…