![The most innovative countries in the world in 2022 [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/12/global-economy-270x200.jpg)
Since 2000, global investment in research and development (R&D) has tripled to $2.4 trillion. R&D spending is also casting a wider global net. In 1960, the U.S. made up nearly 70% of global R&D spending, and by 2020 this had fallen to 30%. From job creation and public health to national security and industrial competitiveness,…
Many of us are drowning in “stuff”. To find space for all our possessions, we are paying off-site storage companies. Australians spend an average of A$163 per month on self-storage, one recent survey found. The number one item stored in these facilities is furniture. Other items we cannot fit in our houses include appliances and…
Australians desperately need more affordable homes, particularly homes for rent. The prospect of home ownership is rapidly receding for many people, especially younger generations (as the chart below shows). More people than ever are being forced into a tight rental market. Making things worse, many traditional providers of residential rentals, the “mum and dad” investors,…
![Which countries have the highest inflation? [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/11/inflation-270x200.jpg)
Inflation is surging nearly everywhere in 2022. Geopolitical tensions are triggering high energy costs, while supply-side disruptions are also distorting consumer prices. The end result is that almost half of countries worldwide are seeing double-digit inflation rates or higher. With new macroeconomic forces shaping the global economy, the above infographic shows countries with the highest…
Australia’s first multi-city region, the Six Cities Region, is being developed in New South Wales. A multi-city region, also known as a mega-region, establishes an integrated network of globally and locally connected cities. The Six Cities Region spans the Lower Hunter and Greater Newcastle City, Central Coast City, Illawarra-Shoalhaven City, Western Parkland City, Central River…
