Advertisement

Policy

Property Council lunch with the Minister for Planning

Last week at a Property Council of Australia lunch in Victoria the Minister for Planning, Richard Wynne, presented to a sell-out crowd. The first part of the presentation centred on the State Budget and as expected, the “fully funded” delivery of the Melbourne Metro Rail Project was a big focus. The Minster spoke of the construction of the underground Arden Station as being a big opportunity to support infill redevelopment in the Arden-Macaulay...

Queen Victoria Market advances as part of City of Melbourne's 2016-17 budget

City of Melbourne's draft 2016-17 Annual Plan and Budget was released late last week, with public submissions set to be accepted up until the Future Melbourne Committee decides upon the budget on 16 June 2016. With total spending of $495.89 million, $399.41 million is expected to be dedicated toward programs and services, while $108.48 million is earmarked for infrastructure programs. Council's headline project, the Queen Victoria Market, is...

City Deals still no more than a pamphlet after Budget 2016

Mounting public debt has sucked infrastructure spending capacity from the nation’s public balance sheets. The federal government proposes a new way forward, called “City Deals”. But the budget papers contain no further details, which is disappointing. Infrastructure provision in Australian cities, especially for transport, is in crisis. Our cities are growing rapidly, they are congested and they lack planning direction.

‘Getting it Done’ …with a surplus

Pragmatically themed and titled ‘Getting it Done’, Tract has put on its reading glasses to investigate what the Victorian Budget 2016/17 seeks to ‘get done’ for city building and regional development. Set against a discourse of job creation and infrastructure building, big spends include infrastructure investments in the Metropolitan rail network and the Western Distributor Tunnel while smaller but vital reforms include shifting the planning...
Monochrome portrait of Richard Wynne

The Planning Minister: on the proposed central city planning controls

Skyscrapers generate a lot of buzz around Melbourne. We are reviewing the central city planning controls for the first time in 30 years and this has generated more interest than any other planning issue I have been involved in. Melburnians love their CBD and our city draws residents, tourists and investment from around the world. Developers want to build here, more people want to live here and businesses base themselves here because of the...

Where do record rental prices leave low-income earners?

Average house rents in metropolitan Melbourne have increased by 5.3%), with apartment rents growing by 2.8%, over the last three months. A lack of affordable rental properties is a problem in Sydney too. This has fuelled speculation of a housing bubble, particularly in the wake of falling investor demand for new high-priced CBD apartments in these capital cities and others. But beyond the headlines lies a difficult policy task for all three levels of government, in conjunction with the private sector and civil society. They need not only to create more affordable housing, but to keep it affordable in the long run.

Two key planning policies set to reshape West Melbourne

West Melbourne continues to evolve with the suburb subject to a steady flow of new developments, as evidenced by the roughly 3,000 apartments in development and currently noted within Urban Melbourne's Project Database. With the boom in high density and high rise projects looming large over the suburb, City of Melbourne have gone about enacting two separate pieces of policy in order to better manage and facilitate the rapid change that is...

Broadmeadows receives a boost as urban regeneration beckons

Last week's announcement of funding for various Broadmeadows infrastructure projects has cast the often maligned suburb back into the urban renewal spotlight. Designated a Major Activity Centre on the Metropolitan Planning Authority's citywide interactive project map , the heart of Broadmeadows is set to receive $14.3 million from the State Government in order to continue its revitalisation, with Broadmeadows Train Station and Boadmeadows Town...

How negative-gearing changes can bring life back to eerily quiet suburbs

With debate raging over who wins and who loses with proposed major changes to negative gearing, attention also falls on which Australian suburbs are most likely to suffer. The Australian Financial Review recently discussed the “Top 10 suburbs set to suffer under negative gearing plan”. The Australian soon joined this scare campaign. Mandurah in Western Australia, where I spent a recent weekend, is on the AFR’s list.

Scrap or preserve negative gearing? Here's six other options worth debating

Jago Dodson , RMIT University The Australian tax debate has placed negative gearing under scrutiny . Most of the debate lurches between retentionists, who back negative gearing as a necessary subsidy to support affordable housing , versus abolitionists, who see it as a market-distorting extravagance that delivers an unfair advantage to the wealthy . But what if there was a middle option between retention and abolition that made it work better?...

Pages

Advertisement

Development & Planning

Wednesday, October 18, 2017 - 05:00
409 St Kilda Road is being positioned as Melbourne's most elite address. In a recent media blitz, Devitt Property Group unveiled their intentions for the prime site which currently houses an exhausted-looking 14 level office building. In its place will rise a similarly-sized residential building that Devitt Property Group expect will become Melbourne's most prestigious address on Melbourne's most recognisable boulevard.

Policy, Culture & Opinion

Monday, October 9, 2017 - 12:00
Spring Street on Sunday unveiled its package of rental reforms that will see a variety of changes to the Residential Tenancies Act (1997). The state government has branded the reforms 'Rent Fair Victoria' and set up a website outlining the changes.

Visual Melbourne

Friday, August 25, 2017 - 07:00
The former site of John Batman's home, Batman's Hill is entering the final stages of its redevelopment. Collins Square's final tower has begun its skyward ascent, as has Lendlease's Melbourne Quarter Commercial and Residential precinct already. Melbourne Quarter's first stage is at construction and involves a new 12-storey home for consultancy firm Arup along with a skypark.

Advertisement

Transport & Design

Monday, October 16, 2017 - 12:00
Comment Upon reading about Newmark Capital's intention to redevelop South Yarra's Jam Factory, my first thought was 'gee South Yarra station's going to be busy'. Busier than it currently is in peaks, mind you. The headline numbers are quite impressive: an end-value of $1.25 billion and 100,000 square metres of mixed-use space.

Sustainability & Environment

Tuesday, October 10, 2017 - 05:00
City of Melbourne intentions for a reimagined University Square are now available for viewing. The significant piece of public space at 190-192 Pelham Street is in line to receive a total makeover, bringing the green landscape into a 21st century.