The Reserve Bank has decided to hold the cash rate steady at 0.75 per cent despite growing expectations of further rate cuts over coming months. The rate remained unchanged from the record low in October 2019, which was largely anticipated by market analysts. RBA governor Philip Lowe said the global economic outlook remained reasonable. “There…
Brisbane home prices at record high, gains to continue in 2020
Brisbane home values are at a new record high and continuing to climb, while price growth is starting to slow in Sydney and Melbourne, new figures reveal. CoreLogic’s national home value index rose 0.9 per cent in January, taking the annual growth rate to 4.1 per cent — the fastest in a twelve month period…
New velobridge planned at South Bank to complete bikeway project
The Queensland government has proposed a new connection in order to complete a 17km Veloway (V1) which runs adjacent to the Pacific Motorway. The dedicated bikeway would connect people riding bikes between Lower River Terrace, South Brisbane and Eight Mile Plains. Upgrades to the V1 are progressing in stages to remove multiple road crossings…
Maasra’s unique apartment offerings in Coorparoo opens doors to changing needs of families
Developers of Maasra Apartments Karam Group have modified a specific apartment to accommodate a purchaser’s unique access needs, demonstrating its commitment to ensuring people with care needs are given the opportunity to live in a luxury apartment in an integrated community. Karam Group’s modification of the three-bedroom apartment, purchased by Margaret Dower and her daughter…
New students start at Queensland’s first vertical school
More than 100 eager year seven students started their first day of high school today at the first inner-city state school to be built in more than fifty years. Queensland’s first vertical school, the Fortitude Valley State Secondary College, will eventually house about 1500 students by 2025 with the first 140 foundation students starting school…
Brisbane’s South Bank 2050 Masterplan Team Announced
A consortium to deliver South Bank’s 30-year masterplan has been appointed, as part of plans to transform the 42-hectare riverfront precinct in Brisbane’s inner city. “Future South Bank Group” is the consortium, which is led by Urbis and comprises Cox Architecture, Arup, Cultural Capital, Complete Streets, London-based Gillespies and New York’s Projects for Public Spaces.…