History has its eyes on you, Melbourne
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The best news this week was that the musical Hamilton is coming to Melbourne next year. (
The Age had the scoop on that, by the way).
I am not a huge musical fan, but thereâs something so splendid about
Hamilton, so smart and glorious and improbable - a rappy musical about one of the leaders of the American Revolution and the first US secretary of the treasury, for goodnessâ sake, who was possibly not quite the hip paragon of enlightened democracy as the show portrays him.
With [Melbourne’s Albert Park circuit](https://www.formula1.com/en/latest/article.revealed-the-track-tweaks-set-to-make-melbournes-albert-park-circuit-5.6usfQo5O6o4KsVi3WTAqFA.html) set for its first major update since racing began at the parkland track back in 1996, McLaren racer Daniel Ricciardo has said that was “happy” to have been consulted on the alterations – with the Australian adding that he was confident the changes would improve racing at the track.
Naomi Osaka won the Australian Open against Jennifer Brady last night. The match was incredible, but it's her acceptance speech that has people talking.
âWeâre continuing a trend thatâs been happening for the last 30 years, where house prices have increased well and above the rate at which median incomes have increased,â Dr Raynor said.
âBack in the 80s, you might have seen a median prices that were three times an annual wage, now itâs more like seven times or eight times and in Sydney, 12 times.
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Dr Raynor welcomed the public housing intervention by the state government, saying it was âhugeâ and âreally excitingâ, but predicted the massive building program would have no knock-on benefit in the private market.
Australian Housing and Urban Research Institute managing director Michael Fotheringham expects the strong demand in the real estate market to persist with buyers outnumbering sellers in a âvery active marketâ.