Sydney morning briefing

German bridge cranes stuck, housing land and the RBA wait

Morning, Sydney. A crisp 12 degrees out there, clear skies over the harbour. Here's what's on today.

Weather

12C, Clear

Bridge bungle: How German-built repair cranes for Sydney’s famed arches got stuck in storage
Specialist German-built maintenance cranes for repairing Sydney's famed bridge arches are gathering dust in storage, even after bureaucrats flew to Bavaria two years ago to work out how to install them.
smh.com.au
How four concrete slabs will turn into hundreds of inner Sydney homes
Disused concrete blocks straddling Parramatta Road that have languished for years could host 340 new apartments if the government gets its way.
smh.com.au
Why the RBA won’t be coming to save the property market
The Reserve Bank won't come riding to the rescue of the property market, but nor can it ignore what the housing slump says about the economy.
smh.com.au
ASX set for flat start, Wall Street slips on jobs report
The ASX is set for a flat start after US stocks fell and Treasury yields rose, with employers unexpectedly adding 162,000 jobs last month and raising chances the US central bank will lift interest rates.
smh.com.au

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