{"id":851947,"date":"2026-08-11T23:26:10","date_gmt":"2026-08-11T23:26:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/851947\/"},"modified":"2026-08-11T23:26:10","modified_gmt":"2026-08-11T23:26:10","slug":"reserve-bank-of-australias-renovation-from-hell-gets-worse-with-another-heritage-office-revamp","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/851947\/","title":{"rendered":"Reserve Bank of Australia\u2019s renovation from hell gets worse with another heritage office revamp"},"content":{"rendered":"<p>If higher interest rates are supposed to cool construction activity, it seems the Reserve Bank missed the memo. Before even finishing the rebuild of one asbestos-ridden heritage building in Sydney\u2019s CBD, it has quietly started renovating another just around the corner.<\/p>\n<p>Undeterred by the mammoth blowout on its<a href=\"https:\/\/www.afr.com\/policy\/economy\/rba-s-troubled-1-2b-renovation-approved-to-gut-asbestos-ridden-hq-20250826-p5mpsu\" rel=\"nofollow noopener\" target=\"_blank\"> $1.2 billion-and-counting project<\/a> to demolish and rebuild its headquarters at 65 Martin Place, the central bank has gained approval from the City of Sydney for a $15.3 million refurbishment of another heritage-listed office \u2013 this time the former Perpetual Trustee Company Building at 39 Hunter Street.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"If higher interest rates are supposed to cool construction activity, it seems the Reserve Bank missed the memo.&hellip;\n","protected":false},"author":2,"featured_media":851948,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-851947","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/851947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=851947"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/851947\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/851948"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=851947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=851947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=851947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}