Agriculture

Victoria Unlocks Vast Tracts For Housing

Australia’s State cabinet decided to speed up the release of residential land after receiving what one Government insider dubbed a “big wake-up call” about the extent of Melbourne’s population boom. Premier John Brumby will announce today that all available land within Melbourne’s urban growth boundary will be zoned residential — one of the biggest land releases in the city’s history — in a bid to give more young families and first-time buyers the chance to get into the property market.

Larry Martin

Larry Martin

“A whole bunch of places that have ethanol plants are finding that their water tables are falling. It’s based on corn in the U.S. and there’s a growing dead zone at the mouth of the Mississippi River in the Gulf of Mexico because of the nutrients and chemicals that are washed down the Mississippi River from the run-off.”

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