The Perth property market continues to outpace all other Australian capital cities,claiming the highest recorded growth in the luxury residential sector.
Tens of thousands of homes sit empty across our major cities,while luxury units replace old apartment blocks - all while debate rages about our home shortage.
Jim Chalmers said the decision was made in order to “protect our national interest” as the government sharpens its focus on supply chain security.
Economists and property industry figures say the opposition leader’s pledge to cut migration and ban foreign home buyers could make the nation poorer.
The treasurer wants to unleash huge public investment in new industries to cement Labor’s “made in Australia” plan. That sets up the Coalition attack.
Anthony Albanese’s Future Made in Australia will be the centrepiece of the May budget. The treasurer will reveal the five key tests for how it will work.
In a world of rising geopolitical tensions,Australia is tightening up its foreign investment laws in lockstep with many other Western nations.
Jim Chalmers backed the case for tax concessions in a new signal about the scale of the budget plan to help clean energy industries and local manufacturing.
A report warned that as Chinese investment in Australia reached record lows,a more worrying threat was emerging.
Developers of Melbourne’s newest housing estates are being pushed to leave space and soil for trees in private yards to curb the urban heat island effect.
President Xi Jinping launched the Belt and Road Initiative in 2013,immediately winning over many foreign governments with promises of unprecedented investment.