The International Monetary Fund's (IMF) latest annual review of the New Zealand economy shows the Government's sound management of the COVID-19 pandemic.
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Townsville residential lot releases almost triple in 2020
Townsville has recorded a 190 percent increase in residential lots released for construction in 2020, in a building boom bolstering the city’s post-pandemic economy.
Townsville City Council’s Planning and Development Committee chairperson Mark Molachino said the high demand for residential lots showed that the city was back on track after the impacts of the 2019 monsoon and COVID-19 pandemic.
“This report demonstrates that the Townsville economy and our community has coped rather well despite the lingering impacts of COVID-19 and the 2019 floods,” Cr Molachino said.
“The Federal and State Government home building grants have been a major driver of the increase in residential applications and we’ve seen a 190 percent increase in lots released across the city.
Let’s give an example which maybe explains what I’m talking about. Back in the late 1990’s several Australians were very active in the IEEE802.11 working group, these Aussies formed a company (Radiata) and designed one of the first working 802.11a chipsets. The intellectual property behind this was developed several years earlier by the CSIRO and the company combined several experienced semiconductor Industry professionals with a couple of Academics and leveraged this CSIRO knowhow (IP).
The result was a company that was at the top of its game and was therefore invited to participate in and indeed even lead the 802.11g (2.4Ghz wifi) working group.
Real Estate Institute of Australia's (REIA) latest Housing Affordability Report (HAR) shows that housing affordability in Australia declined nationally.
Median house prices at all-time high in regional South Australia as demand continues to grow
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MarMarch 2021 at 8:00pm
One Mount Gambier real estate agent says there is strong buyer demand across all price ranges.
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House prices are at an all-time high in regional South Australia as realtors battle to keep up with increased demand.
Key points:
Low interest rates and first home buyer grants are believed to be behind soaring house prices in regional SA
Median house prices have reached record highs in Mount Gambier and Port Lincoln
Real estate agents are reporting strong buyer demand across all price ranges