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Buying homes to cost more for foreigners in Australia – Investing Abroad News

Buying homes to cost more for foreigners in Australia – Investing Abroad News

Australia will increase fees for foreigners who buy existing homes and penalize them if they leave the properties vacant while encouraging foreigners to buy new homes to increase housing supply. The Australian government is imposing higher fees for the purchase of established or ready-to-move-in homes, as well as harsher fines for individuals who leave properties...

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DQA & DickersonDigital join forces, bolstering Australian IT sector

DQA & DickersonDigital join forces, bolstering Australian IT sector

Australian strategy delivery and technology specialist DQA has joined forces with Indigenous-owned IT expert DickersonDigital. This collaboration is set to broaden capabilities and infrastructure for businesses, government departments and community organisations across Australia while championing Indigenous enterprises. Steve Melville, Chief Executive Officer of DQA, indicated that the partnership is a significant step towards building better services...

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TransAlta and BHP commission solar-plus-storage project for Western Australia nickel mines

TransAlta and BHP commission solar-plus-storage project for Western Australia nickel mines

“Nickel is in high demand for batteries and electric vehicles, and this progress is part of our commitment to delivering more sustainable, lower carbon product to our customers,” said BHP Australia president Geraldine Slattery. “Renewables are increasingly powering BHP operations around the globe and this facility – the first we have built on one of...

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Plans Filed for $135m Adelaide Aquatic Centre Makeover

Plans Filed for $135m Adelaide Aquatic Centre Makeover

An application has been lodged with the South Australian planning authority to redevelop the Adelaide Aquatic Centre at Denise Norton Park. The redevelopment is planned for the centre over multi-levels, costing $135 million for design and construction. Plans include indoor and outdoor pools, water slides, splash zones and gardens plus a gym, fitness facilities, a...

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Turning underused offices into apartments sounds ‘great in theory’. The reality is more complicated

Turning underused offices into apartments sounds ‘great in theory’. The reality is more complicated

As Australia grapples with a housing crisis and a pandemic-wrought workplace shift that’s left office buildings in major cities underused, a seemingly simple solution has been floated: converting those offices into apartments. The idea of marrying the two issues affecting many countries to provide a solution was a hot topic of discussion at a recent World Economic Forum...

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Energy and infrastructure projects underpin growth

Energy and infrastructure projects underpin growth

Precommissioning, maintenance and shutdown specialist, WSG Eftech, has secured a raft of Australian contract wins valued at approximately AUS$60 million (£34 million). The workscopes range from the LNG and oil and gas sectors to major urban infrastructure projects as Perth-headquartered Eftech capitalises on access to increased capital investment and additional resources secured by its acquisition...

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Problem with climate policy raised

Problem with climate policy raised

The 116 new fossil fuel projects in the pipeline would pollute the atmosphere with 4.8 billion tonnes of carbon emissions by 2030 if they all came to fruition, according to a new report. Canberra think-tank the Australia Institute says the combined impact of the dozens of new coal, oil and gas projects on the government’s...

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Malaysians Greenlit for Macquarie Park Tower

Malaysians Greenlit for Macquarie Park Tower

Malaysia-listed Eco World International has won approval for a 16-storey, 123-apartment tower in Sydney’s north-west suburbs. The Sydney North Planning Panel agreed with Ryde City Council that a small breach of the 45m maximum building height could be tolerated, allowing for the $61 million development to move ahead. It’s the third Australian project for the...