Cyclone Alfred will cost the March 25 budget at least A$1.2 billion, hit growth and put pressure on inflation, Treasurer Jim Chalmers says. In a Tuesday speech previewing the budget, Chalmers will also say that on preliminary estimates, the cyclone’s immediate hit to GDP is expected to be up to $1.2 billion, which could wipe a…
Infrastructure Victoria has released a draft 30-year plan outlining how the state can grow sustainably. It focuses on key areas like transport, housing, energy, and public services to support a growing population and improve liveability. The plan also suggests ways to make the state’s infrastructure and tax system fairer, more efficient and more sustainable. The…
The cleanup is underway in northern Queensland following the latest flooding catastrophe to hit the state. More than 7,000 insurance claims have already been lodged, most of them for inundated homes and other structures. The Queensland floods are a reminder that climate-induced natural disasters are becoming more frequent and severe in Australia. Recent reports have…
Australia’s economy expanded at the fastest pace in two years in the December quarter, boosted by an improvement in household spending and stronger exports. The Australian Bureau of Statistics’ national accounts report today said the economy grew by 0.6% in the quarter. It attributed this to “modest growth […] broadly across the economy […] supported…
The great Australian dream has long since been to own a fully paid-off home. However, for many Aussies, this just seems so unattainable right now because the country is well and truly in the grips of a housing crisis. Rapid population growth, rising immigration, and a lack of new builds have created an imbalance that…
In Australia, heating needs can vary wildly, which is why the costs of heating can also be diverse. That’s why there’s no one-size-fits-all solution throughout the entire continent, with multiple heating technologies competing for the best solution for your energy bills. Let’s look at what technologies will work best for most areas. Gas Heaters Standard…
Luxury real estate revolves around the buying behavior of wealthy individuals who purchase homes that suit their lifestyle needs and both their existing lifestyle values and anticipated life goals. Many people experience the same passion for their dream property search that they do when watching lotto results and anticipating big wins. With all that said, development companies…
In 2020, working from home became a necessity. Now, five years later, millions of people worldwide are still working from home full-time or a couple of days a week. Understandably, many commercial property owners have worried that this signals the end of office space rentals, when in fact the opposite is true. Even for those…
Buying a home is an exciting milestone, but it’s also a major financial decision that requires careful planning. Before you start attending open homes and picturing yourself in different properties, there’s one crucial step that can save you time, stress, and potential disappointment—getting mortgage pre-approval. Here’s why securing pre-approval should be your first move in…
Each year brings new opportunities to transform a home. Whether you’re looking to renovate a fixer-upper for profit or merely want to spruce up your own property, knowing what’s on trend can make or break your experience – and potentially your curb appeal. That said, it can be tricky to know which trends to jump…
