The latest data released by the Australian Bureau of Statistics show that, driven by the strong growth of homeowners, investors and first-time home buyers, all housing-related loans surged by 12.6% in August. The relevant CBA department said that record low interest rates have driven loan growth, and low interest rates have in turn supported housing…
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…
Preface Buildings have always been used to showcase cultural psychology, norms and values. In ancient Greece, the sculptures surrounding the outer walls conveyed the story of heroism. In Gothic religious buildings, exquisite decorations convey theological messages. The grandeur of Baroque architecture is designed to embody strength, victory and wealth. As time passed, the outer wall…
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…
Preface In the past ten years, Australia’s population has grown by 3.8 million. Among the capital cities, Melbourne has the fastest growth-nearly 1 million new immigrants in the ten years ending in June 2016. With this growth, the social infrastructure needs to be expanded-all the common social services and facilities that people need throughout their…
Urban planners, governments and developers are increasingly interested in making cities “livable”. But which features contribute to livability? Which areas of the city are the least livable and most livable? The various livability rankings (which Australia tends to do well) do not provide much useful guidance. In the recently released report “Creating Livable Cities in…
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…