Money Job opportunities tempt Aussies to flee from Sydney to Melbourne: expert

07:25  19 june  2017
07:25  19 june  2017 Source:   MSN

Job opportunities tempt Aussies to flee from Sydney to Melbourne

  Job opportunities tempt Aussies to flee from Sydney to Melbourne Data from the Australian Bureau of Statistics indicates that population in Victoria rose more than any other state in Australia since 2013. Critics are saying an increasing number in highly sought tech jobs means people are “fleeing Sydney in huge numbers” in favour of Melbourne.As businesses like department store David Jones move its headquarters to Melbourne from Sydney, New South Wales Labor says the state suffers a “brain drain” to its southern neighbour. According to a population expert, cheaper housing and opportunities for employment tempt people to move to the other side.

Critics are now saying an increasing number of highly paid, highly sought tech jobs has meant people are “ fleeing Sydney in huge numbers” in favour of Melbourne . A population expert has said the wealth of employment opportunities , and cheaper housing, are tempting people to cross the border.

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Data from the Australian Bureau of Statistics indicates that population in Victoria rose more than any other state in Australia since 2013. Critics are saying an increasing number in highly sought tech jobs means people are “fleeing Sydney in huge numbers” in favour of Melbourne.

As businesses like department store David Jones move its headquarters to Melbourne from Sydney, New South Wales Labor says the state suffers a “brain drain” to its southern neighbour. According to a population expert, cheaper housing and opportunities for employment tempt people to move to the other side.

Sydney's biggest office landlord has gone on a $1.1 billion buying spree

  Sydney's biggest office landlord has gone on a $1.1 billion buying spree Listed property group Dexus is buying a slice of the Harry Seidler-designed MLC Centre in Sydney's CBD, a converted warehouse at 100 Harris Street, Pyrmont, plus a Melbourne industrial property as part of a $1.1 billion acquisition spree. Dexus signed agreements to acquire a 25% stake in the 67-floor MLC Centre at 19 Martin Place for $361.3 million, with the Dexus Wholesale Property Fund (DWPF) taking an additional 25% stake for the same price.The two Dexus entities are buying the Queensland Investment Corporation's half stake in the MLC Centre, valuing the building at more than $1.4 billion.

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David Jones is going to move its corporate office to Melbourne after178 years in Sydney. The value of the incentives the Victorian Government offered Jones to head south was not disclosed. David Jones carries almost 1000 jobs to the state.

As the NSW Government looked from March 2015 to May 2017, it has said a different metric showed 40 percent of new jobs in the country boomed in the state. Overall, population in Australia is growing at 1.5 percent annual rate, which surpassed the OECD average of 1.2 percent.

However, growth is not spread evenly. Western Australia lost its title as the fastest growing state in 2013 after nearly ten years of outstripping other states. Victoria, on the other hand, is currently at the top of the ladder. It used to be the fourth most famous state for domestic and international migration.

The Aussie cities where property prices are tipped to fall - and those that are still rising

  The Aussie cities where property prices are tipped to fall - and those that are still rising Home buyers across Australian have woken to good news this morning, with property prices in some cities predicted to fall.Research conducted by BIS Oxford Economics shows house prices in Sydney and Melbourne have now peaked - with typical prices expected to fall by between three and five percent for the next two years.

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Figures for the year to September indicate all state’s population rose. It also showed Victoria steamed ahead with a 2.1 percent growth rate while Queensland and NSW grew by 1.4 percent.

Nearly 12,000 people left NSW in favour of other states. Victoria gained 17,000 new residents.

Why workers are leaving NSW?

Shadow NSW Treasurer Ryan Park explained workers were leaving NSW because it has become a less attractive place to do business. Victoria has offered incentives to draw huge companies to Melbourne.

“Not only is the Berejiklian Government failing to keep residents in the state, they’re failing to attract big businesses including technology start-ups to set up shop here,” he told news.com.au. He added the Premier’s done nothing in order to lessen the cost of living for people. Therefore, people are fleeing in bulk elsewhere.

Some overseas multinationals have picked Melbourne over Sydney for their head offices in the country. These include Chinese tech giant Alibaba, US technology company Go Pro and cloud-based accounting company Xero.


Save Our Succulents: Melbourne gardens fall victim to ‘plant black market’ .
Enthusiastic gardeners and a burgeoning black market don’t seem at first glance to go together, but according to one expert’s analysis of a wave of green-thumbed thieves in Melbourne, this could be precisely what’s happening. Royal Botanic Gardens Victoria’s Executive Director of Science, David Cantrill, told A Current Affair that an online black market for plants could be behind many of these verdant burglaries.“There are certain groups of plants that people like to collect, particularly cacti and succulents,” he said.

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