THE NEAR-ZERO Office vacancy rates enjoyed by the mining cities of Brisbane and Perth pre-GFC … now seem to have come back into line with the other capital Cities.
The latest survey released by the Property Council of Australia (PCA) displays a much more even spread for Offces vacancies around the country.
The cooling of the mining sector, coupled with the Queensland floods, has caused a number of key players to rethink their Office space requirements. [Read more...]
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Most pundits would point to the recent CPI figures and say "Yes"! And on the surface, an underlying inflation rate of 2.5% per annum is plumb in the middle of the RBA's stated target zone.
The banks seemed to be protesting about the increased cost of offshore borrowing. And using that as their excuse for not wanting to pass on any future RBA rate reductions in full.
Those experts included … Greg Marr (MD of DTZ), Tony Crabb (Research Head of Savills), together with me (as CEO of Properly Edge Australia).
Last week, to the IMF gave the Australian economy a positive report card — with a projected growth of 1.8% for 2011, and 3.3% for the ensuing 12 months.
Exactly why have industrial companies around the world been slow to recover? And why did everything look so promising … and then suddenly, seem to grind to a halt?
For the past few weeks, the world's media seems to have been dominated by two unfolding dramas:
