In the media – National
DEXUS launches modified lease to set new industry
standard
DEXUS Property Group (DEXUS) has reduced the length of its standard
office and industrial lease with the aim of making leasing
negotiations simpler and easier for its customers (28 January
2016).
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Apartments in style as housing starts drive
economy
The ABS Building Activity data revealed that housing commencements
recorded 55,532 starts, almost 11 per cent higher over the year
with 215,329 commencements. Multi-units completions, including
apartments, are being completed in greater volume and will see
plenty of new units and apartments available over the coming 6
months (20 January 2016).
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Property industry welcomes Tax Review to assess property
taxes against housing affordability
Australia's largest industry has welcomed the commitment of the
Government to assess any changes to Australia's property taxes
against their impact on housing supply and demand. Modelling
undertaken by Deloitte has found that stamp duty is holding back
growth, holding back jobs and making our cities less efficient (19
January 2016).
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In the media – New South Wales
NSW Government to privatise public
housing
The announcement by the NSW Government that they will privatise
public housing in NSW is well timed to help with private housing
supply, says the Urban Taskforce (28 January 2016).
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In the media – Queensland
Countdown to Gold Coast and Moreton Bay Planning
Schemes
New Gold Coast and Moreton Bay Region planning schemes will come
into effect in early February (20 January 2016).
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Property Council provides final submission on
Government's draft legislation
The Property Council has provided a submission to the Queensland
Parliament's investigation into the Government's planning
reform bills, providing a number of key recommendations to improve
the reform package (19 January 2016).
More...
In practice and courts – Queensland
Announcements, Draft Policies and Plans released 2015
New Planning Schemes effective in February
2016
The new
Gold Coast City Plan will come into full effect on 2 February
2016. The first Moreton
Bay Regional Council Planning Scheme will come into effect on 1
February 2016, replacing the existing Redcliffe, Caboolture and
Pine Rivers Planning Schemes.
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