Australia: Property & Projects – What's News - 23 September 2014

Last Updated: 26 September 2014
Article by Steve Aitchison, Lisa Cody and Lou Farinotti

Most Read Contributor in Australia, September 2016

In the media - National

PCA: Residential outlook strong – but shortage remains
The Australian Residential Development Outlook released today indicates strength and stability in Australia's residential development industry which is forecast to continue into 2015-16, but activity still stops short of meeting Australia's housing needs (08 September 2014). More...

Project Appraisal Overview released for comment
The Federal Government has released for public comment a paper prepared by the Bureau of Infrastructure, Transport and Regional Economics, in consultation with state and territory governments, outlining a new framework for the appraisal of transport infrastructure projects, to deliver a nationally consistent approach to project evaluation (05 September 2014). More...

Australia leads the world in green building
The Australia and New Zealand real estate market is the world's greenest, according to the latest Global Real Estate Sustainability Benchmark (GRESB). Two Australian companies, ISPT and Lend Lease, were also named 'global sector leaders (04 September 2014). More...

In the media – Victoria

Regional cities call for $100 million CBD investment
The RCV has launched its Revitalisation of City Centres policy, calling on the government and opposition to commit to a $100 million investment to assist Victoria's regional cities to transform city centres. RCV comprises the 10 largest cities outside metropolitan Melbourne Ballarat, Bendigo, Geelong, Horsham, Latrobe, Mildura, Shepparton, Wangaratta, Warrnambool and Wodonga (10 September 2014). More...

New beginning for social housing at Valley Park
The $160 million redevelopment of the old 1980's Mews public housing estate in Westmeadows reached an important milestone today with the opening of the Valley Park display centre and the announcement of a land exchange between the Department of Housing and the City of Hume (08 September 2014). More...

Fishermans Bend off to a flying start
Five major planning permits have been approved for Australia's largest urban renewal area, Fishermans Bend. The permits, which include the construction of 11 buildings, have been approved by Planning Minister Matthew Guy (04 September 2014). More...

In the media – New South Wales

The environment, farmers & industry to benefit from new offset policy
Beginning in October, the NSW Government will give landholders the opportunity to receive payments for managing biodiversity on their land through a fund paid into it by developers to 'offset' the impacts of large projects (08 September 2014). More...

In the media – Queensland

Queensland landholders benefit from mining reforms
Queensland landholders affected by resources activities and their direct neighbours will retain the right to object to low-impact mining proposals under legislation passed through Queensland Parliament last night (10 September 2014). More...

Strong 'off the plan' reforms for buyers and builders – Qld
The Land Sales and Other Legislation Amendment Bill 2014 built on the Government's commitment to grow Queensland's four pillar economy and revitalise frontline services by cutting waste and red tape, with changes for buying and selling property in Queensland (10 September 2014). More...

PDA announced to revitalise Townsville's waterfront
The Queensland Government has this week declared the Townsville City Waterfront Priority Development Area, aimed at revitalising 97.2 hectares of the city's waterfront on both sides of Ross Creek. Planning and approval responsibilities within the PDA will primarily be the role of Townsville City Council (04 September 2014). More...

In practice and courts – National

Cost Recovery under the Environment Protection and Biodiversity Conservation Act 1999 (EPBC Act)
From 1 October 2014 the Australian Government will commence cost recovery arrangements for environmental assessments and some strategic assessments under the EPBC Act. The Environment Protection and Biodiversity Conservation Amendment (Cost Recovery) Regulation 2014 was registered on the Federal Register of Legislative Instruments on 9 September 2014. Cost recovery for environmental impact assessments and some strategic assessments commences on 1 October 2014 (09 September 2014). More...

In practice and courts – Victoria

Changes to the Owners Corporations Regulations 2007 - Legislation update
Amendments to the Owners Corporation Regulations 2007, affecting the provision of certificates and copies of registers and records, come into effect on 1 October 2014 (11 September 2014). More...

In practice and courts – Queensland

Announcements, Draft Policies and Plans released 2014

Queensland Plan Bill introduced to parliament
The Queensland Plan provides a 30-year strategic vision for the future growth and prosperity of Queensland. The Bill has been referred to the Finance and Administration Committee, which is to report back to Parliament by 10 October. More...

Cases – Victoria

National Australia Bank Limited v Wehbeh & Anor [2014] VSC 431
MORTGAGES AND SECURITIES - husband and wife – wife both mortgagor under home loan and guarantor of business loan to husband's company – default under home loan and business loan - bank seeking possession of land under mortgage and judgment for debt due under guarantee - Transfer of Land Act 1958 s 78 – mortgage and guarantee prima facie enforceable - defences – whether wife under special disability - whether unconscientious for bank to rely on default under home loan to enforce mortgage – whether undue influence of husband in procuring guarantee from wife – whether wife was a volunteer in transaction - whether bank had knowledge of any undue influence – independent legal advice provided - Yerkey v Jones [1939] HCA 3; (1939) 63 CLR 649 - Garcia v National Australia Bank [1998] HCA 48; (1998) 194 CLR 395 - Blomley v Ryan [1956] HCA 81; (1956) 99 CLR 362 - Commercial Bank of Australia Ltd v Amadio [1983] HCA 14; (1983) 151 CLR 447 - Bridgewater v Leahy [1998] HCA 66; (1998) 194 CLR 457. More...

This publication does not deal with every important topic or change in law and is not intended to be relied upon as a substitute for legal or other advice that may be relevant to the reader's specific circumstances. If you have found this publication of interest and would like to know more or wish to obtain legal advice relevant to your circumstances please contact one of the named individuals listed.

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