Federal Minister Karen Andrews said after the Construction Ministers Forum in July 2019: “What we need to do is rebuild confidence in the Australian construction industry.” Since the Federal, State and Territory Ministers commissioned Peter Shergold and Bronwyn Weir in mid-2017 to assess the effectiveness of Australian construction industry regulation, this has been a recurring…
Preface The long-term impact of the coronavirus on our cities is difficult to predict, but one thing is certain: the city will not be depressed for too long. History shows that disease has a tremendous influence in shaping our cities. Regardless of the crisis, cities represent continuity – they can withstand, adapt and grow. Once…
Technology giant Microsoft is the latest multinational conglomerate, and it will embrace working from home forever, which aroused the interest of business owners in major structural changes in the office environment. With the negative net absorption of the office market approaching -200,000 square meters in the third quarter, a recent analysis of multi-residential projects shows…
ACMI (Australia’s national museum of screen culture) revealed the digital plan as part of its $40 million redevelopment plan in Melbourne’s Federation Square (Federation Square). After closing the construction project in May last year, the Australian Mobile Imaging Centre will reopen in 2021. Although ACMI’s physical site continues to be built, ACMI Director and CEO…
Scott Morrison recently promised that if the stimulus package does not create enough jobs, he will increase business incentives. Federal Treasury Secretary Josh Fredenberg hinted that as more people will be unemployed for a longer period of time, unemployment benefits will increase in the long term. In this regard, Jennifer Westacott, CEO of the Business…
At a time when interest rates are still at historically low levels, more and more Australians are seeking to buy properties, leading to a surge in new housing loan contracts. Monthly statistics from the Australian Bureau of Statistics show that in August, the total amount of new housing loans, including investors, soared by 12.6%, with…
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.…