Brisbane Named in the Top Ten Most Liveable Cities
The Economist Intelligence Unit’s survey for 2021 has listed Brisbane in the top 10 most liveable cities in the world.
Australian cities have previously scored highly on liveability owning to their magnificent climate, stunning landscapes, good healthcare and education systems, and easy-going lifestyle.
What’s Life Like Living in Brisbane?
While Brisbane soaring into the top ten list may have been a surprise to some, it was well overdue if you ask Brisbane residents.
Perks of living in the capital city of the sunshine state include a tropical climate, relaxed vibe, multicultural, great food venues, a focus on sustainability, proximity to Australia’s most popular holiday destinations, and affordability – particularly compared to its more populated counterparts, Sydney and Melbourne.
Brisbane represents such a fantastic lifestyle. It offers such a diverse culture, live music, bustling nightlife, and its sunny climate provide plenty of opportunity for outdoor activities with plenty of natural beauty to explore. From beaches to the nearby hinterlands, it offers something for all outdoor adventurists.
Further north, it is a short flight to the world-renowned Great Barrier Reef and the magic of the many islands of the Whitsundays.
The year 2020 has become one of the most difficult years in Australia. From fires to floods to the Coronavirus, the year has finally passed and 2021 is here. The government was quick to act in response to the country’s challenges last year. However, the aftermaths include the massive stimulus policies and rapid reductions in interest rates. In this article, we’re going to discuss just how all these affect the property market this year.
Brisbane Property Market Forecasts CBA expects Brisbane property prices to increase by 16.6% to 2022 compared to 13.7% in Sydney and 12.4% in Melbourne.
ANZ economists predict Brisbane house prices will rise by 9.5% next year, as government stimulus and low interest rates flow through the economy.
NAB predicted a rise of 14% across all capital cities this year, but NAB chief economist Alan Oster said they upgraded this to 16% rise in Brisbane.
Westpac has also updated its market forecasts as it expects Brisbane prices to surge up to 20% between 2022 and 2023.
The Queensland State Government have announced that the Queens Wharf redevelopment currently under construction by Destination Brisbane Consortium will house a world class luxury fashion shopping precinct.
Destination Brisbane Consortium (DBC) announced it has secured a deal with retail giant DFS which boasts a portfolio of 750 of the world’s most sought-after brands…
With a significant downturn in the economy, finding a rock-solid investment can be a little tricky. One such sector that is bucking the prevalent trend for many investors is medical centre & healthcare real estate.
The health sector in Australia makes up approximately 10 per cent of GDP(GrossDomestic Product). It is one of the industries that is growing despite the upheaval in the current global market.
Strong indications of continual growth can be observed on the back of an ageing population, longer life expectancy, substantial government healthcare subsidies and a general increase in the demand for medical services.
Queensland commuters, freight drivers and tourists alike will benefit from the multi-billion-dollar transport spend unveiled in the state budget.
Southeast Queensland will be the big winner, with huge investments set to be delivered along the rail corridor, on the M1 between Brisbane and the Gold Coast, local rail lines on the Gold and Sunshine coasts, and upgrades along the Bruce Highway growth corridor.
The rest of the state hasn’t been forgotten, with a multi-billion-dollar Bruce Highway capital program to benefit towns between Cairns and Brisbane and rail investments for the regional network.
As promised in the election campaign, Queenslanders will be on-board 20 new trains by 2025, all bearing a stamp not seen in more than a decade – Made in Queensland – with construction set to begin at Maryborough.
In total, the government will spend $6.3 billion in “transformative transport infrastructure”, which includes $1.5 billion to continue construction work on the Cross River Rail.
Today is the day Brisbane Airport opens its new parallel runway
The first aircraft will use Brisbane Airport’s new parallel runway on Sunday, 15 years after planning began to give the River City an extra stretch of tarmac.
The finished product is expected to be completed at a cost of $1.1 billion, $200 million under budget, after eight years of construction.
The runway received clearance for take-off on September 18, 2007, when the federal government approved the major development plan.
Since 2012, 324 subcontractors – 90 per cent of which were based in south-east Queensland – have worked 3.3 million hours to build the 3.3-kilometre strip.
The runway is built on a 360-hectare reclaimed site, made possible by pumping 11 million cubic metres of sand from Moreton Bay through a 4.5-kilometre pipeline.
The site preparation and reclamation works were completed in May 2017, triggering the start of construction of the $120 million Dryandra Road Underpass, which opened in October 2018.
In April last year, work began on the John Hansford Bridge, which will form part of the surrounding road network and has been named after Brisbane Airport’s longest-serving employee.
In December, the last of the 100,000 tonnes of high-strength asphalt was laid, the final layer of the runway’s pavement design.
The first part of this year was spent on the final touches: 120 kilometres of runway and taxiway markings, navigational aids, control tower systems and finishing the ground lighting.
Construction wrapped up at the end of April, ahead of the July 12 grand opening.
Brisbane Airport Corporation chief executive Gert-Jan de Graaff said the new runway was a catalyst for change in Brisbane.
“This new runway is so much more than asphalt,” he said.
“It is an enabler for recovery and growth across all facets of business, with an estimated 7800 new jobs created by 2035 and an additional $5 billion in annual economic benefit to the region.
“Now more than ever it is crucial that we have the infrastructure and mechanisms in place to allow our great city and state to recover from the COVID-19 global pandemic, and Brisbane Airport and this new runway will play a strong part in that.”
The new tarmac is predicted to slowly double Brisbane Airport’s passenger numbers from 23.4 million in the 2018-19 financial year to more than 50 million by 2040.
This would increase Brisbane’s daily flights at the airport to about 110 aircraft movements an hour, putting the airport in the same league as Singapore Changi Airport.