The 38-story office building (216 meters high) on Collins St, Melbourne’s central business district, was recently completed at a cost of A$1.5 billion. The building is now owned by Dexus, a real estate giant listed on the ASX. Construction of the building began in the first half of 2017. A 43,000 square meter hotel with…
Stimulated by local and overseas news, the Australian dollar rose to its highest value against the US dollar in 15 months last night. The Australian dollar hit 71.47 US cents, its highest value since April last year. The exchange rate for the Australian dollar at 9:30 am was 71.28 US cents. After EU countries agreed…
The latest Australian Household Consumer Intention Index released by the Commonwealth Bank of Australia shows that in June, the Australian household purchasing intention index rose by 6%, close to the level of March this year, when Sydney and Melbourne house prices rose by 13% and 12% respectively. The Commonwealth Bank’s data also showed that the…
It is not easy to integrate the standard of affordability into the urban planning and development system. So when developing a new project, affordability becomes a tricky thing. So this article will discuss several points of knowledge, whom to refer to to solve this burden problem, the status of affordable housing and the valuable reference…