Ellen Ransley AUGUST 16

A 1000-bed quarantine facility near the Brisbane Airport that will take the pressure off Queensland’s hotel quarantine system will be completed by next year.

Queensland Deputy Premier Steven Miles said a MOU had been signed with the Commonwealth.

A 1000-bed purpose-built quarantine facility will be built by the federal government at Damascus Barracks near the Brisbane Airport. It will be run by Queensland Health. Picture: GoogleSource:Supplied

The federal government will build the facility on the Damascus Barracks at Pinkenba (next to the Airport) on the Defence Department land, and when it is completed, the Queensland government will pay for the running costs for the duration of the pandemic.

RENEE MCKEOWN THU 15 JUL 21

The current residential boom is unlikely to bust thanks to housing undersupply, high employment levels and a strong economic forecast underpinning the market, according to new research.

House prices have increased 7.4 per cent on the average globally with Canberra the best performing city in Australia, the Knight Frank Global Cities Index has found.

Photo: Shutterstock

“Hold on for the ride everyone … Brisbane really is on fire.  It is a very exciting time for our city!”

3-8-2021

Brisbane’s snap lockdown is giving agents, investors and prospective homebuyers time to take a breath, but pent-up demand is likely to drive a fast market rebound once the city is reopened.

With the excitement of winning the right to host the 2032 Olympics still reverberating around the city, Brisbane’s lockdown is doing little to dampen buyer enthusiasm and is likely to have little impact on price growth.

Plans can finally be set in concrete for Brisbane’s Olympic transformation, which will include the fast tracking of important infrastructure which will benefit the residents for many years to come.

•    Significant Housing Capital Growth
•    Large Increases in Population above other States & Territories
•    Massive Creation of Employment
•    Huge Investment in Infrastructure

All of this will occur over the entire period from the announcement of Brisbane as the Host of the 2032 Olympics Games, until after the Games completion.

Why the Olympics?

One of the main goals of the Olympic Games, is to accelerate the delivery of long-term plans needed to support growth across Queensland, particularly for the SEQ (South East Queensland) region which is expected to grow by 1.9 million residents and 800,000 homes over the next 20 years.

By Neil Griffiths 15 June 2021

Australia is experiencing a “V-shaped recovery” in regards to the economy’s growth from the COVID pandemic and there are a few key reasons why, according to Commonwealth Bank’s chief economist.

Delivering a keynote during a CEDA livestream on Tuesday, CBA chief economist and head of economic and market research, Stephen Halmarick, outlined seven factors that can be attributed to Australia’s economic recovery:

•    Control of COVID-19
•    Sharp rise in consumer confidence
•    Surge in household savings
•    Improving house market
•    Jump in domestic tourism
•    Strong resource exports
•    Increase in public sector infrastructure spending