The Latest Trending Economic News Curated for You by Balmoral Group Australia
Hello dear readers, welcome to another edition of Economic Perspective!
As wildfires devastate the Los Angeles area, causing immense destruction and heartbreak, our thoughts are with those who have lost their homes, livelihoods, and loved ones during this challenging time.
In this edition, we delve into diverse stories shaping our environmental and economic landscapes. Australia’s housing history reveals a persistent struggle to provide sustainable and accessible homes for all—a challenge echoing the post-war housing crisis. Meanwhile, the Mediterranean-like climate shared by Australia and California highlights the shared vulnerability to bushfires, underscoring the urgency of adaptive planning. On another front, the Northern Territory’s proposed Territory Coordinator law raises concerns about potential erosion of Indigenous land rights, sparking important conversations about balancing development with cultural and environmental integrity. In the last article, we share a glimmer of hope: the endangered Mount Kaputar pink slug population is making a remarkable comeback after being threatened by the Black Summer bushfires.
Amid these global narratives, we’re thrilled to share a proud milestone for BGA: the business case we developed for Dubbo Regional Council has successfully secured funding. This transformative project will upgrade Dubbo Airport to accommodate large air tankers, enhancing bushfire response capabilities in New South Wales and beyond. A heartfelt congratulations to Dubbo Regional Council on this well-deserved achievement!
Here’s to a resilient and innovative 2025.
Wishing you a relaxing and wonderful weekend ahead.


Nothing new under the sun: Australia’s long history of missed chances to build sustainable homes
Australians are no strangers to housing crises. Some will even remember the crisis that followed the second world war. As well as producing the popular mid-century modern style of architecture, these post-war decades were a time of struggle. As the population grew quickly after the war, Australia faced an estimated shortage of 300,000 dwellings. Government intervention was needed. A 1944 report by the Commonwealth Housing Commission stated that “a dwelling of good standard and equipment is not only the need but the right of every citizen”. Read about it here.

Much of Australia enjoys the same Mediterranean climate as LA. When it comes to bushfires, that doesn’t bode well
The world has watched in horror as fires continue to raze parts of Los Angeles, California. For those of us living in Australia, one of the world’s most fire-prone continents, the LA experience feels all too familiar. Read more here.

Warnings planned new Territory Coordinator law could erode Indigenous land rights and open door to nuclear waste storage
Native title lawyers and environmentalists are worried the NT's proposed Territory Coordinator bill could erode Indigenous and pastoral land rights. The NT government has rejected criticism of the bill and says it will be used to speed up and streamline its assessment processes to encourage investment. Read more here.

Mount Kaputar pink slugs back in large numbers after bushfires
There were fears for the threatened Mount Kaputar pink slug after the Black Summer bushfires. Large numbers of the giant neon-pink slugs have recently been reported near Narrabri in North West NSW. Read more here.
Connect with Balmoral Group Australia Here
Comments