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Work-from-home trend threatens obsolescence for old commercial buildings

The ongoing work-from-home trend is prompting commercial landlords and tenants to reassess their needs, potentially rendering some buildings obsolete. In the new world order of commercial property, high-quality and well-appointed offices are attracting tenants, while older, tier-three grade buildings on the outskirts of cities face an uncertain future. According to Michael Cook, Investa group executive, […]

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Business and consumer sentiment improvement

Consumer sentiment in Australia showed a modest improvement in July, according to the Westpac-Melbourne Institute survey. While still near recessionary lows, the survey indicated a 2.7% increase in consumer sentiment compared to the previous month. Although views on current conditions deteriorated slightly, forward expectations for both individual family finances and the broader economy improved. Labour

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