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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...
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Development & Planning

Monday, June 26, 2017 - 00:00
John Demos Architects have conceived a new apartment building with the expectation that the project be an appropriate design gesture for a key Ivanhoe infill site. Vacant for many years, 40 Upper Heidelberg Road was in the past subject to a smaller apartment development that failed to materialise.

Policy, Culture & Opinion

Wednesday, June 7, 2017 - 12:00
Two important stories which traverse both transport and housing topic areas were highlighted on Urban Melbourne this week. The news that the medium and high-density components of Williams Landing will ramp up highlight what some might gloss over but what I think is the correct 'order' of doing things: the rail station is built first, developers then piggyback off the new infrastructure second.

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

Monday, June 26, 2017 - 12:00
Building Designers Association of Victoria (BDAV) is currently showcasing the cream of the state's design crop by way of the 22nd BDAV Building Design Awards. The public now has a chance to vote for their favourite building over the course of the last year, with 35 entrants vying for differing category awards.

Sustainability & Environment

Thursday, June 1, 2017 - 12:00
Two of City of Melbourne's key urban design initiatives are in the starters gates, with Lord Major Robert Doyle yesterday providing further information on the pair. As of next month, the long-awaited upgrade to the southern end of Elizabeth Street will begin.