A year ago, Urbis asserted that “build to rent could deliver the homes we need, and fast”. Drawing comparisons to the UK in 2012, when build to rent jolted into action, we observed similar conditions emerging in Australia. As the regulatory brakes threatened to derail the investor-backed supply of apartments, we saw vacancies dropping back and rents running…
Australia’s housing prices have seen the nation’s affordability return to 2016 levels But despite the well-documented housing price decline of many markets across the nation, Sydney is still Australia’s least affordable market to buy into, followed closely by Melbourne in second place. Sydney’s dwelling values have recorded a 14.9 per cent decline since peaking, while Melbourne an…
Queensland Budget Doubles Down on Infrastructure Spending The Queensland state budget unveiled by treasurer Jackie Trad on Tuesday introduced changes to payroll tax, land taxes and an increase to the royalties paid by oil and gas producers to help fill the state’s coffers. Delivering her budget speech to parliament, Trad said the government would spend $49.5…
Diversified property group Gordon Corp has secured one of the Gold Coast’s last infill sites, spanning 85 hectares in Carrara, for more than $20 million. The Gold Coast-based developer secured the site in an off-market deal with plans to redevelop the land, located 10 kilometres west of Broadbeach, for both industrial and residential use. The…
How much was ego costing your company? With changing market conditions a sense of fear can typically creep into our workplace environments which naturally can be detrimental to the culture we are breeding. So exactly what were we doing to prevent this? Did we really need to be placing greater emphasis on culture when as…
Listen here to the recent podcast featuring Bill Gates, founder of Microsoft as he takes us deep into his remarkable history and propels us into the future of technology and philanthropy. Brought to you by ‘The TED Interview’ and the head of TED Chris Anderson as he speaks with some of the world’s most…
Issues are likely to persist in capital cities and could have longer term economic implications for Australia, while the issue of land supply needs greater focus, according to CEDA’s latest report, Housing Australia. “The aim of this report is to provide a holistic review of housing in Australia and look at some of the drivers,”…
Rio Tinto’s boss has warned the mining industry needs to adapt or have change forced on it as pressures intensify. The FTSE 100 miner’s chief executive, Jean-Sébastien Jacques, said the industry was threatened by protectionism and had to respond to technological advances and pressure to combat climate change. Jacques told a conference: “Geopolitics has become…
When people are younger, they usually spend lot of time with their friends. But as they grow old, they have other responsibilities and the time spent with friends gets reduced. But this is not the case with the people in this story. They have built their small houses next to each other. The idea is…
Following the devastating fire that destroyed the roof of Notre-Dame in Paris, architects have stepped forward offering a range of alternative proposals for the Parisian landmark. Last month, French legislators announced that they would be holding an international design competition for how the beloved cathedral ought to be reconstructed. News of the competition has prompted architects from…