The ban on the country may be lifted in January next year, and international students may return to Australia before it is lifted. Yesterday, Finance Minister Josh Frydenberg revealed the issue of border opening. He said that no decision has been made to open the border, but it is predicted that the travel ban will…
In Melbourne, there is an urgent need for affordable housing that is closer to public transport and services. In the past two years, rough sleep in Melbourne city has increased by 74%. This may be the most obvious result of the lack of affordable housing options. For families relying on government assistance, only 1% of…
With the easing of pandemic restrictions, interest surged in June, returning to levels last seen in March, when prices rose 13 per cent in Sydney and 12 per cent in Melbourne. The Bundesbank’s latest index of households’ willingness to spend shows that home-buying intentions, which collapsed in the early days of the covid-19 restrictions, have…
Reserve Bank of Australia Governor Philip Lowe said recently that such action would only put more pressure on the central bank and the economy. “There is an argument that the central bank should print money in the public interest at a time when the government is running a deficit and money is urgently needed to…
The PRA plans to revise its plans next week to consider postponing an earlier decision to recommend a dividend suspension or cut in response to the outbreak, involving Westpac, ANZ, NAB and others worth more than A $7 billion. The Australian authorities believe the capital markets are functioning in an orderly way and the stress…
preface Much has been said about finance and the supply side of affordable housing. Because of the diversity of affordability issues, reviews are also different for affordable housing. The terms affordable housing and social housing are sometimes used interchangeably, which can cause confusion. Affordable housing is more inclusive – it represents the aspirations of all…
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…