Australia

House

Australian housing markets to run out of steam from 2017: BIS Shrapnel

Low interest rates will support further price growth in undersupplied residential markets in 2015/16, but the spectre of tightening interest rates and deterioration of affordability will create conditions for price declines in a number of cities from 2017, according to leading industry analyst and economic forecaster, BIS Shrapnel.

  • Written by Urbanalyst

Four big public projects opening in 2015

NEW rail lines in Sydney and Melbourne, a new road tunnel in Brisbane and a major civic and cultural precinct in Perth are some of the big projects due to open in 2015 – at a combined cost of almost $8 billion.

  • Written by Urbanalyst

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