Point Polaris

How will the 50% foreign ownership limit affect developers?

As well as restricting supply to an already full rental market, the 50% foreign ownership restriction removes some of the competitive advantages overseas developers had over local developers. Prior to this change coming into effect, overseas developers had a competitive advantage as they had no overseas sales limits whatsoever. Overseas developers using overseas banks could, if they so desired, have 100 per cent foreign sales, with 100 per cent...

Development & Planning

Tuesday, March 20, 2018 - 00:00
Docklands may well stand to gain its most daring residential and commercial developments near simultaneously, as separate developers press ahead with their respective projects. At NewQuay, MAB Corporation has officially ramped up the profile of its latest tower to grace the precinct.

Policy, Culture & Opinion

Sunday, March 11, 2018 - 13:00
The Victorian Government has announced it will ban the use of aluminium cladding panels that have a polyethylene core of more than 30% and expanded polystyrene will also be banned on buildings with 3 or more levels. The changes were announced by the Planning Minister, Richard Wynne, on Saturday morning along with new guidelines for building surveyors.

Visual Melbourne

Monday, February 5, 2018 - 12:00
The various spaces and elements which combine to form RMIT's New Academic Street (NAS) have progressively begun to open to students and visitors alike. I was recently fortunate enough to be part of an informal group tour through the completed spaces within NAS, led by Harrison and White which had a hand in the project.

Transport & Design

Monday, March 19, 2018 - 12:00
Works on the new purpose-built Australian Nursing and Midwifery Federation (ANMF) headquarters were completed late last year. Now occupied, the 10-storey mixed-use complex at 535 Elizabeth Street was built by Multiplex and accommodates the organisation’s 165 staff within the 16,820 square metre building.

Sustainability & Environment