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Finance

Mo'Money Mo'Money - Where is the money coming from?

Do you have a 10% cash deposit? 90% have, 10% have not. Apartment Register has received and qualified 238 first home buyer (FHB) enquiries to date in 2015, so where or who pays for the deposit and what is the length of time taken to save for the deposit? First home buyers understand time is of essence to enter the market and it is a good time to do so. Interest rates are low, apartment supply is reasonable, product choice and quality continues...

Here's why a GST rate increase should be on the table

At present the Australian GST is levied at 10% on the majority of goods and services produced in Australia which are then on sold to Australian individuals and businesses. The money raised by the GST is then put through a process called Horizontal Fiscal Equilisation where the Federal government then allocates each state and territory an amount based on the HFE formula. Given the primary income for State/Territory Governments is GST and the...

Development finance for the post GFC developer

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For the five years to the end of 2007 Australian property developers were spoilt for choice with the simplicity and availability of property development finance. Lenders were aggressively pricing to win deals and presales were not a major precondition or were merely a litmus test to the acceptability of the developer’s price point and market demand rather than the driver of debt clearance upon completion of the project. Fast forward to 2013 and...

Development & Planning

Friday, March 24, 2017 - 06:00
Planning Minister Richard Wynne has approved another commercial tower at Lendlease's Melbourne Quarter development in the Docklands. The building known as Melbourne Quarter Tower will be located at 693 Collins Street, injecting almost 55,000sqm of office space into the precinct across its 28 floors, in addition to approximately 2,500sqm of retail space.

Policy, Culture & Opinion

Thursday, March 9, 2017 - 12:00
As part of the enabling stage of the Queen Victoria Market Renewal Project, the City of Melbourne has finally revealed their plans for the former Munro site, to be developed by PDG Corporation into a mixed-use development comprising a 58-storey Bates Smart designed-tower of 308 dwellings and a 300-room hotel, after the developer was awarded the rights to develop the site on CoM's behalf.

Visual Melbourne

Wednesday, February 22, 2017 - 07:00
Once again Melbourne has turned it on for the spectacular cultural juggernaut that is White Night. A crowd of around 600,000 took part in the all night festival of projections, performances, artworks and installations. Stealing the show again this year was the extraordinary projections upon the Royal Exhibition Building.

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Transport & Design

Thursday, March 23, 2017 - 12:00
The large-scale redevelopment of Richmond's former Jaques engineering complex has been marked by an number of onsite dedications. Dating back to 1885 and with frontages to Palmer, Coppin, Dyer and Griffiths Streets, the 9,945sqm site's engineering heritage has been permanently embossed across the site.

Sustainability & Environment

Tuesday, March 14, 2017 - 13:00
Victoria Walks, a walking promotion charity supported by VicHeath, is leading a crowdsourcing initiative that is supported by the State Government and 14 councils. The campaign aims to collect and analyse opinions on walking right across the Melbourne metropolitan area. The authorities are asking people to indicate their walking safety concerns through an interactive online map on CrowdSpot's platform.