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Where Are the Top Housing Hotspots in Australia

Where Are the Top Housing Hotspots in Australia

Together with New Zealand and Sweden, Australia is considered one of the leading housing markets in the world. This makes the country even more attracting to investors and migrants applying for Australian permanent residency.

According to the data from the latest HIA Population and Residential Building Hotspots Report, Victoria has the most number of housing hotspots with six, followed by Western Australia with five hotspots, New South Wales is home to four hotspots, Queensland and Act with two apiece, and one in Northern territory.

With a total of 602 hotspots across Australia, the statistics defines being a hotspot as a local area where the population growth tops the national average and also where the price of residential building is in excess of $100 million.

According to HIA Economist Diwa Hopkins, there are more than 220,000 new housings commenced in 2015, so it is no doubt that there was a very strong performance among housing hotspots in the country.

Hopkins said, “These two states have been the engines of the strong upturn in new home building over the last few years. It is also encouraging to see WA still perform strongly this time at the national level, considering the difficulties arising from the natural resources downturn.”

Melbourne, unsurprisingly, is considered to be the housing hotspot to see the highest value of new housing approved. Below is the table:

Source: Housing Industry Association

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Improvements on the Australia’s Unemployment Rate

Improvements on the Australia’s Unemployment Rate

The good news is the Australia’s unemployment rate has defied economists’ predictions that unemployment rate would reach the 5.9% rate from the 5.8% in the month of February.

The total number of people landing jobs had risen by 26,100 beating the market expectations of a rise of 20,000. Based on the Australian Bureau of Statistics report, the unemployment rate in March is 5.7%, which is the lowest rate since September 2013.

Full-time employment rate, however, fell to 8,800, while the part-time jobs is up by 34,900.

According to Employment Minister Michaelia Cash, during the past 12 months, there is a 2.2% increase in the number of employed people and 4.6% decreased for the unemployed. “So when a Coalition government is able to implement its economic agenda, you can clearly see it’s one of job growth and job creation,” she added during an interview.

South Australia’s unemployment rate fell from 7.6% in February to 7.2% in March, but remained the highest in Australia. For the 10th month, on the other hand, New South Wales remained to be the lowest rate of unemployment across the nation at 5.3% in March.

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Don’t Get Caught Out: Choosing the Right Australia Migration Agency

Don’t Get Caught Out: Choosing the Right Australia Migration Agency

When thinking about migrating to Australia, people can be a bit hesitant or uncertain due to some factors. Major considerations can be the lack of budget for the entire process, anxious with the thought of going out of their comfort zone, or simply because they are not one hundred percent ready to migrate. Immigration requirement wise, some find achieving the English proficiency standard so daunting, people may think that their current employment won’t match the Australian standards, or afraid that they might reach the maximum age limit along the process.

Australia Immigration can really be challenging, most especially if you are not knowledgeable about the entire process. It is certain that the Department of Immigration and Border Protection accepts all applications lodged. However, people tend to engage a registered Australia migration agency to assist them in their dealings all throughout the process. These migration agents, however, cannot influence or manipulate the outcome of the application nor can guarantee you success visa applications.

Yes, engaging services from migration agencies can really be daunting as well, especially if you don’t conduct further research. There are misleading agents out there that makes the immigration industry get a bad reputation.
The following are some of the things that you need to put into your consideration when looking for a migration agency to assist you:

Make Sure they Are Registered

This factor should not be overlooked by anyone. Engaging to any migration agency that is not registered can certainly put your application at risk. One of the benefits of consulting a registered Australia migration agency is that they are regulated and monitored by the Migration Agents Registration Authority (MARA). Just go to the MARA’s agent finder to check if the agency you prefer is actively registered. Working with these registered migrations agencies gives you assurance that they are aware of the current immigration laws and procedures, and that they are following the standard code of conduct.

Relevant Experience is Necessary

Just like when you are going to consult a doctor for your health condition, experience plays an important role in an agency’s professional capability to deliver top-notch services. Not that you only look at the years of experience they have, but most reputable migration agencies have relatively high success rate. Experienced migration agency like NTRUST certainly has a great grasp of what the requirements are and definitely knows what caseworker will look for with regards to your application.

Don’t get fooled by migration agencies who guarantee visa application success. At NTRUST, we don’t promote Australia immigration and we will just assess you depending on your eligibility. Although you might have been assessed as being eligible, you are not guaranteed of any success yet. Our job is to maximize your chances of getting your visa approved.

Call +65 6299 0245 to know more about our business or fill out our free online assessment form to partially know your eligibility.

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The Dad, His Family and their Perth-Fect Life

The Dad, His Family and their Perth-Fect Life

The Australian population is consistently increasing and is set to hit the roof from more than 24 million today to 40 million by 2060. Aside from the economic crunch they are working on at the moment, Australia is also looking for ideas, which can help them manage the environmental and social impacts of rapid population growth in the years to come.

According to the New South Wales Minster for Planning Rob Stokes discussing at the 10th annual Green Cities conference, many Australian cities will set to face a larger weight of growth in the coming decades, as the number of people moving to metropolises like Melbourne and Sydney is rising. He also reiterated that Sydney would then need to have 664,300 new homes as the population in Sydney is projected to reach 6 million in 2031. What makes the situation even tougher according to Stokes is Sydney already reaching its physical limits, making the growth to be squeezed into its existing 12,000 kilometres of space. He also added that densification is inevitable in Australian cities and it will surely create both real opportunities and challenges for city dwellers and workers.

The panellists during the conference noted that while Australia is just about to deal with the rapidly increasing population growth and densification, emerging countries such as Singapore, Hong Kong and Tokyo have been dealing with these challenges for decades.

How Asian Countries Handle Challenges

Peter Verwer, chief executive of the Singapore-based Asia Pacific Real Estate Association, said that it is not only Asia the most rapidly urbanising parts of the world. Many of the governments are also using urbanisation as an effective tool to lift people out of poverty, he added.

Panellists agreed wealthy and emerging Asian countries have used effective strategies, which can also be helpful to Australia. Once of the strategies is defined as balancing economic performance with sustainability outcomes like reducing waste, greenhouse gas emissions, and other factors that may cause pollution.

Cheong Koon Hean, who is also present during the conference and is the chief executive officer of Singapore’s public housing agency Housing Development Board (HDB), reiterated that city-state is another example of how government leadership has helped Singapore accomplish environmental sustainability and affordable housing despite also the high population density and small land area.

Advancement in public transportation is what Hong Kong has continuously improving, which has certainly helped the country minimize traffic congestion. This strategy helped Hong Kong become one of the top cities across the globe for urban mobility.

Despite the challenges Australia may encounter in the process of implementing such strategies, Cheong believes long-term planning can help prevent disagreements between multiple levels of government in Australia.

Source: http://www.eco-business.com/news/green-cities-what-australia-can-learn-from-asia/

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Australia to Learn Important Lessons from Asian Countries

Australia to Learn Important Lessons from Asian Countries

The Australian population is consistently increasing and is set to hit the roof from more than 24 million today to 40 million by 2060. Aside from the economic crunch they are working on at the moment, Australia is also looking for ideas, which can help them manage the environmental and social impacts of rapid population growth in the years to come.

According to the New South Wales Minster for Planning Rob Stokes discussing at the 10th annual Green Cities conference, many Australian cities will set to face a larger weight of growth in the coming decades, as the number of people moving to metropolises like Melbourne and Sydney is rising. He also reiterated that Sydney would then need to have 664,300 new homes as the population in Sydney is projected to reach 6 million in 2031. What makes the situation even tougher according to Stokes is Sydney already reaching its physical limits, making the growth to be squeezed into its existing 12,000 kilometres of space. He also added that densification is inevitable in Australian cities and it will surely create both real opportunities and challenges for city dwellers and workers.

The panellists during the conference noted that while Australia is just about to deal with the rapidly increasing population growth and densification, emerging countries such as Singapore, Hong Kong and Tokyo have been dealing with these challenges for decades.

How Asian Countries Handle Challenges

Peter Verwer, chief executive of the Singapore-based Asia Pacific Real Estate Association, said that it is not only Asia the most rapidly urbanising parts of the world. Many of the governments are also using urbanisation as an effective tool to lift people out of poverty, he added.

Panellists agreed wealthy and emerging Asian countries have used effective strategies, which can also be helpful to Australia. Once of the strategies is defined as balancing economic performance with sustainability outcomes like reducing waste, greenhouse gas emissions, and other factors that may cause pollution.

Cheong Koon Hean, who is also present during the conference and is the chief executive officer of Singapore’s public housing agency Housing Development Board (HDB), reiterated that city-state is another example of how government leadership has helped Singapore accomplish environmental sustainability and affordable housing despite also the high population density and small land area.

Advancement in public transportation is what Hong Kong has continuously improving, which has certainly helped the country minimize traffic congestion. This strategy helped Hong Kong become one of the top cities across the globe for urban mobility.

Despite the challenges Australia may encounter in the process of implementing such strategies, Cheong believes long-term planning can help prevent disagreements between multiple levels of government in Australia.

Source: http://www.eco-business.com/news/green-cities-what-australia-can-learn-from-asia/