Economic News

Building and construction news, economic news and insights for the commercial property market.

Australian retail sales post biggest surge in history
News
Australian retail sales post biggest surge in history
Panic-buying of groceries and ­household products such as toilet paper, pasta, flour and handwash amid an escalating fear of the COVID-19 pandemic drove the biggest ever monthly jump in retail spending, ABS data has revealed.
What will Australia’s economy look like after COVID-19?
News
What will Australia’s economy look like after COVID-19?
The Prime Minister Scott Morrison says Australia is “many weeks away” from easing coronavirus restrictions as the country works towards flattening the curve. While we wait for social distancing measures to be relaxed, it’s worthwhile considering what our economy will look like post COVID-19.
Property solid amid questions over interest rates
Market Insights
Property solid amid questions over interest rates
Funds inflow to property investment will continue, underpinning solid returns in the short term.
Berejiklian’s plan to slash migrant intake ‘problematic’ for economy
News
Berejiklian’s plan to slash migrant intake ‘problematic’ for economy
Gladys Berejiklian has previously called for New South Wales’ migrant intake to be halved. Experts say that would spell bad news for property.
AirAsia flights big news for Geelong economy
News
AirAsia flights big news for Geelong economy
The impending arrival of budget international carrier AirAsia X Malaysia to Avalon Airport could be a game changer for Geelong’s economy.
Labor demands public input on Hobart Treasury building’s future
News
Labor demands public input on Hobart Treasury building’s future
Labor wants a public discussion about the future of Hobart’s iconic Treasury building.
Sydney, Melbourne top destinations for rich
News
Sydney, Melbourne top destinations for rich
More millionaires are pouring into Sydney and Melbourne and making Australia their home than any other city in the world.
Trump inauguration: where to for property and the economy?
News
Trump inauguration: where to for property and the economy?
This year will no doubt prove to be very interesting for commercial property and global economy, not least because of Donald Trump’s inauguration on January 20.
Shopping centres a hit with homebuyers
Investing
Shopping centres a hit with homebuyers
Australian consumer sentiment dipped slightly last month. But if you conducted the survey today on Sydney’s Northern Beaches, I’m confident we would see a big spike. This article originally appeared on theaustralian.com.au/property.
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