Regional Australia attracted more people than it lost to capital cities during the last census, reveals a new report, which also found Sydney lost more millennials to the regions than it gained between 2011 and 2016. Regional Australia Institute’s “Big Movers” report examines how Covid-19’s aftershocks may affect regional population trends, as a growing number…
Infrastructure Construction Key to Economic Recovery: Moody’s
The rapid progression of large, shovel-ready, infrastructure projects could lead to new investment by the private sector, Moody’s Investors Service says. While spending on infrastructure construction is important to state government plans, Moody’s says a “coordinated approach with the private sector is likely”, given that the states are already facing rising debt and record infrastructure spending…
Cross River Rail: Everything You Need to Know
Construction on Queensland’s biggest infrastructure project, the $5.4 billion Cross River Rail is quickly taking shape. When realised, the Queensland government-led project will comprise a 10.2 kilometre rail line which will run from Dutton Park in Brisbane’s southern suburbs to Bowen Hills in the city’s north, with a 5.9 kilometre-tunnel under the CBD. The project, overseen by…
Enquiries for Inner Brisbane apartments remain strong according to Total Property Group
TOTAL Property Group has reported an increase in online inquiries for quality apartments in Brisbane’s hotspots, as Australians use their time in isolation to make plans for upsizing, downsizing and rightsizing into an apartment. TOTAL Property Group Managing Director Adrian Parsons said his team was handling a large volume of online inquiries for apartments listed…
Developers plan next stage of $100m masterplanned community
Developers have lodged an application for Stage 4 of a $100 million masterplanned community that will house 500 residents in Brisbane‘s north. Summerlin Estate at Banyo is expected to house about 500 residents in a mix of 206 townhouses and apartments when completed in about five years. Stage one of six was completed in 2017.…
Construction on Neville Bonner Bridge Kicks Off
Construction on the Neville Bonner Bridge, part of the $3.6 billion Queen’s Wharf casino development in Brisbane’s CBD, is now under way. The new $100 million pedestrian bridge, the first in 10 years, will link the new hotel development and CBD with the South Bank Parklands directly adjacent. The bridge, named in honour of Neville Bonner, the first Indigenous…
