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How can we better utilise government owned land?

Last Wednesday a Victorian Planning and Environment Law Association (VPELA) seminar on Government land, had presenters from both State (Department of Environment, Land, Water and Planning (DELWP) and VicTrack) and Local (City of Banyule) Government departments. Part of the evening focused on the introduction in 2016 of the Fast Track Government Land Service, which is an initiative that charges DELWP with the responsibility of rezoning disused...

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...

Value capture: how do we stop Value Escape?

There seems to be almost unanimous and vigorous agreement that the pursuit of value capture is a worthwhile initiative in helping us to augment scarce infrastructure funding. However, we seem to be engrossed in writing thought leadership, debating policy and gathering evidence rather than getting on with implementation. At a time when we are moving forward with massive city building infrastructure projects procrastination is an exercise in value...

Better Apartments at the Australian Smart Skyscraper Summit 2017

In light of the recent release of the Victorian State Government’s Better Apartments Design Standards, architects, designers, builders and the industry as a whole will look to reconfigure apartment design, in order to conform to new government regulations. Among changes to standards, the guidelines dictate that apartments will have to provide for daylight access, outlook and privacy through building setbacks. A functional layout will see the...

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