Highlights The Board at its meeting on 7 November decided to leave the cash rate unchanged at 1.5%, with thelast rate change being 15 months ago in August 2016. Global economic conditions have strengthened over the past year. Business investment growth haspicked up, particularly in the advanced economies, and consumption growth has been resilient. Wage …
Research of the Brisbane CBD and Fringe Apartment Market has concluded that at present,the prudent person would not contemplate acquiring a vacant parcel of land for residentialdevelopment in the Brisbane CBD or fringe areas. Whilst sites are still being acquired byprudent parties for redevelopment in the medium to long term, those properties haveconsiderable existing improvements …
Brisbane CBD & Fringe Apartment Market – what’s changed over the past 3 years? Read More »
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Highlights Nationally, the Consumer Price Index (CPI) rose 0.3% in the March quarter 2017, following arise of 0.5% per cent in the December quarter 2016. This represented a 1.8% rise over the twelvemonths to the March quarter 2017, compared with a rise of 1.3% over the twelve months to theDecember quarter 2016. Locally, Brisbane recorded …
Highlights Nationally, the Consumer Price Index (CPI) rose 0.5% to 108.0 in the September quarter 2015, following a rise of 0.7% per cent in the June quarter 2015. Locally, Brisbane recorded the second-highest increase reaching 108.1 while Sydney recorded the largest increase for all capital cities in Australia. The Board decided to leave the …
Highlights The Consumer Price Index (CPI) rose 0.7% in the June quarter 2015, following a rise of 0.2% in the March quarter 2015. The Board decided to leave the cash rate unchanged at 2.0 per cent, effective of 4 August 2015. Queensland’s State Final Demand (SFD) rose by 0.1% Trend employment in Queensland rose by …
The International Property Measurement Standards Coalition have released the exposure draft for IPMS Residential Buildings. The Coalition now comprises more than 60 Members all of whom are not for profit organisations with a public interest mandate related to property. The Australian Property Institute, Property Council of Australia and Royal Institution of Chartered Surveyors were among …
Highlights Brisbane’s headline consumer price index (CPI) remained relatively unchanged in the March quarter 2015, but was 1.4% higher over the year. Australian equity prices have increased by 7 per cent, with resource sector equity prices partially recovering and financials’ equity prices increasing strongly. The Board decided to lower the cash rate by 25 basis …
Highlights Brisbane’s CPI for September 2014 was 2.6%. China GDP consistent with target of 7.5% National debt is predicted to fall to $380 billion by 2023/24 from the over $600 billon predicted at the Mid-Year Financial Outlook. The 2013/2014 deficit of $49 billion is predicted to drop to $29.8 billion by 2014/2015 Queensland …
Sir Samuel Griffiths was twice Premier of Queensland, the first time from 10th November 1883 to 13th June 1888, and the second time 2 months later. He made a significant contribution to Federation and in particular the status of the Senate as a House of Review. He became Chief Justice of the High Court (after …