On 15th March 2013 the QLD Government passed the Sustainable Planning Amendment Regulation (No.1) 2013, introducing a number of changes to the Sustainable Planning Regulation 2009, to improve the efficiency of the State’s integrated development assessment system.
The changes are part of the Government’s broader policy to streamline and integrate development assessment processes and reduce the regulatory burden on the property and construction sectors.
The estimated reduction of the number of referrals to the State is 1000 per year, brought about by reducing the number of schedules in the Sustainable Planning regulation by seven which will free up State resources and ease time and cost implications within the development industry.
There are now over 2.2 million Foxtel subscribers in Australia.
For occupants to be able to access Foxtel when they move into your new development, a system needs to be constructed which delivers signals to each wall plate. Correctly pre-wiring the development is a critical first step in ensuring that the Foxtel service is available when residents move in.
Making your development Foxtel ready will:
Allow you to market your building as Foxtel ready.
Provide residents with easy access to a service they expect will be available.
Ensure that Foxtel can be installed without the need for expensive external cabling.
Provide the basis for the installation of additional home automation systems
Enable residents to easily transfer their existing Foxtel subscription when they move into the property.
Urbis released a Report to the National Housing Supply Council (2012) entitled: Scoping Study into Housing Supply Responses to Change in Affordability, Australia. The report was commissioned to conduct scoping research into the residential construction industry’s responses to changes in affordability.
The report includes interviews with developers, builders and industry peak bodies and highlights opportunities in innovation including:
Smaller dwellings and lots
Choice of materials and methods
Sourcing cheaper materials
The major findings of the Scoping Study are highlighted below:
Housing affordability is acknowledged as a significant challenge Australia wide and the research recognises that supply has generally failed to meet demand.
Factors that influence supply and affordability include the availability and cost of land for development, finance constraints and costs, policies and processes related to development approval, the construction process itself, and the capacity of the labour force to support innovation.
Some parts of the sector have responded by increasing the provision of multi-unit dwellings and using materials that reduce the life-cycle costs of new development. Some are innovating with new construction techniques such as pre-fabrication and off-site manufacture due to safety and efficiency benefits (especially related to saving time). The adoption of pre-fabrication and off-site manufacture is not however widespread.
Some parts of the social housing sector have responded by delivering a greater variety of dwelling products.
To access Scoping Study into Housing Supply Responses to Change in Affordabilityclick here
There has so much information hitting the media about the recent Queensland flood crisis. There has also been a lot of confusion about how strata schemes faired throughout this time. Fear not the best place to go for information and ongoing support is your friendly body corporate manager.
SSKB has put together some great areas for consideration for both owners and developers alike.
Last Friday night UDIA Queensland celebrated the unveiling of the top projects of the year at the UDIA Boral Awards for Excellence.
Queensland’s entire development industry was on display with projects from around the state taking out top honours. SSKB’s Strata Developer would very much like to congratulate all the winners and finalists for their outstanding achievements.
QLD State President’s Award winner: ONE ONE ONE Eagle Street, The GPT Group.
One of the key factors driving titling structures in today’s market is the time frame when a stage registers and the reflective period in the Strata Scheme yearly cycle.
Schemes that are titled under a Building Management Statement (BMS) have capital implications if the schemes are developed over long periods. Products coming on line are required to incorporate the capital implications from the BMS which has direct increases to purchasers outgoing levies.
Considering the time frame for your project and alternate structures such as layered strata title schemes may alleviate these challenges to allow capital to be specific to the sub scheme in which it is registered. The capital would not affect future sub schemes, they in turn would be responsible for their capital specific to their buildings only. The effect is similar to resetting the capital clock!
Our Developer Consulting Team identifies these challenges to your site and assists to develop strategies in the titling structure to suit the proposed delivery of a site over time.
Attorney-General Jarrod Bleijie announced on Friday the introduction of the Body Corporate and Community Management and Other Legislation Amendment Bill 2012. This amendment removes the controversial reversion process introduced by the former Labor Government.
Saul Eslake, an Australian economist made famous after working as the chief economist at the ANZ Bank will present at an industry luncheon on Wednesday September 12th. Saul Eslake is now the chief economist in Australia for a global organisation – Bank of America-Merrill Lynch.
Find out where Australia fits in the big global picture: employment, mortgages, commodities, urbanisation and much more.
July capital city home values increase for the second consecutive month.
Dwelling values across capital cities recorded a second month of capital gains in July with dwelling values up by 0.6% over the month following a 1.0% rise in June.
The RP Data-Rismark Home Value indices posted a second successive rise in capital city dwelling values over the month of July. Across the combined capital cities, dwelling values rose by 0.6 per cent over the month with the rises being relatively consistently over the first three weeks of July followed by a -0.2 per cent fall over the final week of the month.