Property Interest Australia

Uber's latest financial report shows huge gains for delivery and deep losses for rideshare services – and uses Sydney as an example

Posted: 2021-05-06 04:43:38

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Sydney's appetite for Uber Eats has far outstripped its demand for Uber's core rideshare service, the company has revealed. As part of its first quarter financial report, Uber revealed demand for food delivery has spiked worldwide, as pandemic conditions stifle mob...

Australia’s borders are likely to stay closed ‘well into next year’ Trade Minister Simon Birmingham has conceded

Posted: 2021-05-06 04:28:06

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Australia’s international borders aren’t reopening anytime soon, Finance Minister Simon Birmingham conceded in an appearance on Sky News on Thursday. More »

The property lobby is cheering Sydney's return to the office – but it looks like most workers are sticking to three days a week

Posted: 2021-05-06 02:29:59

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The latest occupancy data published on Thursday shows Sydney CBD offices became significantly more full in April. The harbourside city however still hasn't hit 60% occupancy levels yet, while Melbourne has only just surpassed 40%. More »

New COVID-19 restrictions have been announced for the greater Sydney area, as a second locally transmitted case is reported

Posted: 2021-05-06 02:01:52

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New restrictions will come into effect from 5pm this evening for residents of greater Sydney as NSW Premier Gladys Berejiklian confirmed one new locally transmitted case of COVID-19 in the state overnight. More »

Ford and Mercedes-Benz reportedly dismiss JobKeeper repayments, leaving Toyota as the only profitable carmaker to return taxpayer funds

Posted: 2021-05-06 00:51:13

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Toyota remains the only profitable carmaker to pledge the repayment of JobKeeper subsidies, after Mercedes-Benz and Ford said they have no plans to do so. More »

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