Australia

World famous for its beautiful harbour setting, Sydney’s Central Business District is undergoing a resurgence. As the hub of Australia’s finance sector, it stumbled during the global crisis. Office vacancies jumped from 5.7 per cent in early 2008 to 8.8 per cent in mid 2009, despite stable supply. Ultimately, though, Sydney was spared the worst, owing to its rise as a staging post for trade and investment in the Asia-Pacific region, which averted the havoc of Europe and North America. Recovery is now underway, if slowly.  read more »

“The prosperity of our economy and communities is dependent on the political structures and mechanisms used to manage and coordinate our economic systems.”

No politician expecting to be taken seriously would say that today.  read more »

A critical issue from the dreadful earthquake that has severely damaged so much of central Christchurch, taken so many lives, and terrified so many residents of the whole urban area, lies in whether the Central Area should be rebuilt. Some believe it should be abandoned for some other location; others see an opportunity to set new standards in sustainability, urban design, energy efficiency, or whatever ideal urban form takes your fancy.  read more »