Inside track: Property & Real Estate - In the media and recent cases

In the media The squeeze on Sydney industrial land is a boon for Melbourne and Brisbane Industrial property occupiers forced out of the constrained Sydney market are flocking to Melbourne for space, and Brisbane is tipped to be next in line (21 November 2019). More...

Commonwealth

Emergency, emergency: What are we waiting for There are way too many similarities between California and Australia when it comes to fire risk. In the US, more than 12.7 million homes were built in the high-risk wild lands-urban interface in the 20 years to 2010. In 2011, Australia had 3.3 million people in similar outer metropolitan fringe areas - by 2021, that will rise to about 4.5 million people (12 November 2019). More...

Victoria

Major update to Melbourne's urban design policy City of Melbourne councillors have endorsed a set of new urban design rules for central Melbourne, as well as a decades-long plan for improving design excellence in the city, at a meeting of the Future Melbourne Committee on 19 November (20 November 2019). More...

Developer paid $1.2m into the accounts of local councillors: Corruption probe Companies linked to Ferrari-driving property developer John Woodman paid two councillors at Casey council more than $1.2 million in what a lawyer for the Victorian anti-corruption commission said was an attempt to win favourable planning decisions worth up to $100 million in one case (18 November 2019). More...

'World's most sustainable shopping centre' takes root in the suburbs A candidate for world's most sustainable retail mall is nearing completion on the site of a former brickworks in Melbourne's eastern suburbs. Property giant Frasers, hopes to be the first shopping centre in the world to be accredited under the Living Building Challenge standards (12 November 2019). More...

Stockland launches $2b business park in Melbourne's west Diversified developer Stockland has teamed up with landowner Mount Atkinson Holdings to launch a $2 billion business park in Melbourne's west (12 November 2019). More...

Council push to deliver more affordable housing in Melbourne A draft Affordable Housing Strategy is set to be released early next year by the City of Melbourne, which believes the city's affordable housing shortage could increase by more than 23,000 by the year 2036 without changes to the planning scheme (11 November 2019). More...

NSW

Lack of information on apartment defects leaves whole market on shaky footings The litany of defects, poor building...