on 1 August 2018
Source: Australian Property Journal
ASX-listed Desane Group has successfully fought off the New South Wales government in the Supreme Court, in a landmark ruling over the compulsory acquisition of its prized site.
The Supreme Court of NSW decision paves the way for Desane to move forward with plans for a $100 million, 200-apartment mixed-use project at a Rozelle property that the Roads and Maritime Services authority had sought to compulsorily acquire.
Justice Hammerschlag foun...
on 11 May 2018
According to CoreLogic, Over the 12 months to April 2018, dwelling values across the combined regional markets have increased by 2.4% compared to a -0.3% fall in values across the combined capital cities. Although values in regional areas are continuing to rise, the rate of annual growth has slowed from a recent peak of 6.4% in June 2017, although the rolling quarterly rate of growth has shown an accelerating trend over the past six months.
Based on the 'Statistical Area level 4...
on 24 October 2017
Large scale infrastructure is inflating activity taking place across the construction industry according to the CoreLogic October Construction Monthly report.
CoreLogic captured 2,018 development applications and proposals flowing into the construction pipeline across Australia in the month of September. While 15.4% lower than the number of development applications captured in the previous month, it is above the five year average of 1,775.
on 9 October 2017
Inland Rail selects southern Queensland route over floodplain
By Grain Central, 21 September 2017
The northernmost section of the Melbourne to Brisbane Inland Rail corridor will cross valuable Darling Downs agricultural land on its route announced in Toowoomba today by Federal Minister for Infrastructure and Transport, Darren Chester.
The southern Queensland route across the floodplain was chosen from four alignment options, and will see Inland Rail pass through the townships of P...
on 5 June 2017
APPEA welcomes the Queensland Government's move to establish a Land Access Ombudsman to support co-existence between natural gas and agriculture.
Legislation to establish the new Land Access Ombudsman was introduced into the Queensland Parliament yesterday.
APPEA Queensland Director Rhys Turner said the Ombudsman would provide an alternative to court action should any disputes arise.
He said while APPEA would need to review the legislation in detail, in...