Lendlease's Barangaroo South has been awarded a 6 Star Green
Star - Communities rating (23 March 2016).
House prices stabilising according to new ABS
New ABS house price data reveals a combination of increased
supply and curbs on investor lending is producing a balanced
housing market, according to the Property Council of Australia (22
New ATO data raises new questions about changes to
New ATO tax data has brought into question attempts to limit
negative gearing. According to the ATO, total losses from
investment properties have fallen from $7.9 billion in 2011-12 to
$3.7 billion in 2013-14 (18 March 2016).
China, Thai investors join rush to Australian energy
China's State Power Investment Corporation has snapped up
another wind farm in Australia, as new entrant Thailand's Wind
Energy Holding has bought 50 per cent of project developer CWP
Renewables, confirming a surge of overseas interest in the wind and
solar sector (15 March 2016).
In the media – New South Wales
NSW's Strata Title Laws Shake-up: What Does It Mean
The development industry is set for a major shake-up mid-2016
when NSW introduces sweeping reforms to the strata title laws. The
Strata Scheme Management Bill and Strata Scheme
Development Bill, contain around 90 changes to the existing
laws, on issues including defects, levies and capital work funds,
collective sale, renovations, proxy farming, defects and parking
(16 March 2016).
In the media - Queensland
People the focus of new housing strategy
The Queensland Government is reaching out to the whole community
to help develop a new flagship housing strategy to replace the
directions set by the former government (23 March 2016).
Govt lays down integrated resort
Strict government standards have been laid down so that any new
major integrated resort developments in Queensland meet
international tourist expectations (16 March 2016).
Cases - Victoria
Tan v Russell  VSC 93
PROPERTY – Contract of Sale – Agency – Where
the plaintiffs purportedly exercised their statutory rights under s
31 of the Sale of Land Act 1962 – Where plaintiffs sent a
notice of termination to the real estate agent by email –
Whether plaintiffs validly terminated the Contract of Sale through
the real estate agent – Whether the real estate agent had
authority to receive the notice – Sale of Land Act 1962 s 31.
Hotel Windsor Holdings Pty Ltd v Minister for Planning
(Red Dot)  VCAT 351
NATURE OF CASE - Application for extension of time to complete
LOCATION OF PASSAGE OF INTEREST - Part 3 – paragraph 
REASONS WHY DECISION IS OF INTEREST OR SIGNIFICANCE LAW
– issue of interpretation or application - Relevance and
application of principles in Kantor v Murrindindi SC and other
relevant criteria to a request for an extension of time to complete
development, as opposed to starting development
PRACTICE OR PROCEDURE – consideration of individual instance
or systemic issues
Adequacy of standard 2 x 2 permit (with two years to start
development and two years to complete) for a major central city
development; desirability of permit having a reasonable
construction timeframe to allow contractual certainty for builders
APPLICATION – significant and interesting development -
Public interest in decision about Windsor Hotel
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Warranties can be risk-shifting mechanisms when the party giving the warranty is not the party at fault for the defect.
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