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…
Lending institutions and consultants said that “parents’ banks” (buying homes funded by their parents) are making a comeback, due to new low lending rates, generous government incentives for first home buyers, and reduced competition from investors, which has increased parental assistance The pressure of children owning their own property. Digital Finance Analytics (DFA), which monitors…
The research firm SQM said that the vacancy rate dropped from 2.5% in May to 2.2% that month. As of the end of the financial year, the total number of vacant residential properties in Australia was 77,132. Louis Christopher, managing director of SQM, said the national vacancy rate at this time last year was slightly…
Foreword As the city rebuilds its economy after Covid-19, people are increasingly demanding plans and measures to address growing income inequality and population density without overcrowding. So when we prepare for the post-pandemic world, how does this affect urban planning and how do we interact with cities? In the past few months, living under Covid-19…
A local group bought an office building in Southbank, Melbourne for $14 million. The property is located at 71-73 Palmerston Crescent. The Palmerston Crescent building includes 40 underground parking lots and an area above the ground totaling 4,528 square meters. The building is close to Albert Park Lake, Royal Botanic Garden and busy St Kilda…
After soaring to record highs in the past two months, the vacancy rate of Australia’s CBD apartments declined in June, the first time since the outbreak of the new crown virus. Since March, due to the closure of the border, a large number of Airbnb properties have entered the market, and unemployed workers in the…
Australian Prime Minister Scott Morrison announced on Thursday that he will provide A$1.5 billion for two major employment programs, including subsidies for an additional 100,000 apprentices, and an agreement with the states, each of which will contribute A$500 million to reform vocational education. Department, launch the JobTrainer program. To help 340,000 high school graduates and…
Foreword The authorities imposed heavy restrictions on the scale, purpose and location of gatherings in public places to slow down the spread of COVID-19. Over the past two months, these escalating restrictions have had a huge impact, showing us how important public space is to the lives of our cities. In the long run, taking…