Infrastructure Australia recognises social housing as key infrastructure

Infrastructure Australia has released the Australian Infrastructure Audit 2019, which, for the first time, has expanded to cover the challenges and opportunities in providing Australia’s social infrastructure. As part of this new development, the Audit includes a necessary focus on social housing as an important part of social infrastructure. AHURI welcomes the inclusion of social housing…

Remote Work

Why Remote Work Can Help Bridge the Hiring Gap, Especially for Rural Professionals

The current job market tilts heavily in the job seeker’s favour, with a historically low unemployment rate, more open jobs than professionals to fill them, and more people quitting their jobs than any time in the last 17 years. However, most of the good news for job seekers is in urban and suburban areas. Rural employment has unfortunately failed to recover as quickly…

Mortgage stress and precarious home ownership: implications for older Australians

A new AHURI report released today investigates the growing numbers of older Australians who are carrying high levels of mortgage debt into retirement, and considers the consequences for their wellbeing and for the retirement incomes system. The research, ‘Mortgage stress and precarious home ownership: implications for older Australians’, found that between 1987 and 2015, average real…

Mirvac Continues Office Push with Brisbane’s ‘Healthiest’ Tower

Listed developer Mirvac has broken ground on its $836 million 80 Ann Street Brisbane CBD tower, promoting it as Brisbane’s “healthiest” commercial building. Mirvac’s continued push into the office sector has now made it Australia’s second-largest office manager, with $15 billion of assets under management. Mirvac’s pipeline of commercial developments, including 477 Collins Street in Melbourne…

Australia’s Top 10 Property Price Growth Areas

Australia has many rising markets charted by an increasing number of house and unit sales. Market sentiment appears to be spurred on by the Reserve Bank cutting interest rates to historic lows this year, APRA removing the 7 per cent interest rate buffer on mortgage lending, and negative gearing left unchanged. Following a period of decline in some markets, Hotspotting.com.au founder Terry Ryder…

Australia’s Construction Crisis to Cost $6.2 billion in Repairs

Australia’s building and construction crisis will cost $6.2 billion in remediation and associated costs, according to new research commissioned by the construction union. The independent research by Equity Economics in collaboration with Construction, Forestry, Maritime, Mining and Energy Union (CFMEU) analysed the additional costs to owners of remediating water leaks, fire safety breaches, structural failure and combustible…