Australia’s economic resurgence is underway

Australia’s economy is poised to grow strongly next year as lockdowns end and borders reopen, with the Reserve Bank of Australia predicting a sharp rebound. The RBA, in its most recent quarterly statement on monetary policy, said the recent lockdowns in Melbourne, Sydney and other parts of the country had...

NAB Commercial Property Survey

There’s a mix of both bad and good news in the latest NAB Commercial Property Survey.On the downside, Victoria’s office vacancy rate has more than doubled to 10.9% in Q2 from the 4% recorded at the end of March last year. The vacancy rate is excepted to ease somewhat over...