Every six months, you’ll find Rider Levett Bucknall publish their “Oceania Construction Cost Commentary”. In this posting, you’ll find an extract from their July 2007 publication — which covers both the Australian and New Zealand markets.
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Keeping your Eye on Building Costs
4 September, 2007 by Leave a Comment
Retail Property Activity Continues
24 August, 2007 by Leave a Comment
As the government spending and tax cuts add to consumer demand, you’ll see the Australian economy continue to grow strongly.
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When Your Tenants Leave …
27 July, 2007 by Leave a Comment
Depending upon what your Lease specifies upon termination, the cost to “make good” the property can vary dramatically. Furthermore, the tenancy fit-out (and original condition) of the property can also impact on that cost.
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Family Finances are being Stretched
26 June, 2007 by Leave a Comment
With house prices solid or rising everywhere except in Sydney, household debt is now almost out of control.
In the late 1980s and early 1990s, you saw the highly-geared Business sector collapse as interest rates rose. But now, you’re finding it is households with the high levels of debt.
In 1990, households had (on average) borrowed only 65% of their disposable income. By 2005, that figure had rocketed to 155% of their annual disposable income. And today, it stands at nearly 170%.
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