Reserve Bank Governor Philip Lowe said the record low interest rate will be maintained for several years. The Reserve Bank of Australia has lowered the benchmark interest rate to 0.25%, purchased more than A$50 billion of state government bonds, and expanded the A$90 billion line of credit to commercial banks to lend to small and…
The Mornington Peninsula region of Victoria and Western Australia have recently set their sights on infrastructure projects to revive the economy and create job opportunities that have been hit hard by the new coronary pneumonia epidemic. New Technology Zone, etc. Among them, the construction of a 111-km-long European pedestrian walkway project and a water cycle…
The Victorian Real Estate Commission outlined a seven-point plan focused on the Victorian real estate industry. The lobbying group’s seven-point plan included a proposal to promote the economy of housing construction, suggesting that the first-time homeowner subsidy for new housing should be tripled for a period of six months; postponement of stamp duty on new…
According to the latest real estate auction data released by the real estate research institute Domain, the initial clearance rate of the Melbourne housing auction last weekend was 62%, and the final clearance rate of the previous week was 49%. Shane Oliver, chief economist at Able Capital, predicts that the number of housing auction listings,…
Federal Deputy Chief Health Officer Dr. Nick Coatsworth said that it is important that everyone knows and respects that each state manages its own state public health affairs and makes decisions and is responsible for it. All of us in Australia hope that the outbreak in Victoria can be controlled as soon as possible. We…
Knight Frank, a world-renowned real estate consulting company, released a report saying that due to Australia’s leading position in the prevention of the new crown epidemic and the depreciation of the Australian dollar in the early days, a large number of wealthy Australian diasporas decided to return home to buy luxury homes. According to the…
After Australia’s unemployment rate reached its highest level in 18 years, people became increasingly concerned about the long-term health of the economy. The Morrison government has prepared to reform the A$70 billion JobKeeper program and continues to increase subsidies to the unemployed. Australian Prime Minister Scott Morrison (Scott Morrison) said that at present has not…
The median price difference between Melbourne units and detached houses has narrowed to between $150,000 for the first time in nearly three years. Experts believe that this is an important sign that the quality of new apartments on the market has improved. The latest statistics from the Australian Bureau of Statistics show that the median…
From the perspective of the business operation model, the traditional management model of “management from planning, budgeting, execution, and finally seeing results”; I am afraid it will no longer be suitable for today’s business environment, because the environment is changing too fast. I am afraid that there will be only a future management mode, a…
Melbourne City is constructing a new office building of about 580,000 square meters. About three-quarters of the space has been pre-allocated to tenants. When the remaining part is added to the growing backfill pool, about 320,000 square meters are looking for new Of the residents, about 15% of them have been confirmed to sign. Michael…