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GUEST OBSERVATION
The question of opening the Northern Territory and South Australia to fracking has re-ignited concerns about environmental and health impacts.
Receiving less attention are the social and economic changes affecting nearby rural communities from this natural gas development and the social stress that can result.
From 2012, I led a team analysing trends in key social and economic indicators over the past 15 years in Queensland’s largely agricultural Darling Downs, where over A$20 billion has been invested in coal seam gas (CSG) development since 2011. We also interviewed and talked with over 200 residents and business owners. Social stress emerged as the most visible health impact of this coal seam gas development.
Social consequences
Staff in both government and the gas industry agree that stress is an important impact. Our findings are reinforced by studies in the Darling Downs by numerous researchers and research students as well as extensive work in North America on resource boomtowns.
One resident said that the region had been “hit by three significant events – extended drought, local government amalgamation, and coal seam gas development”.
Residents in community meetings expressed concern about potential effects of coal seam gas development on the amount and quality of groundwater and about possible health impacts.
Their concerns were compounded by low levels of trust in the oil and gas industry and a mix of distrust and trust in the government regulator’s ability to manage the industry. This lack of confidence can contribute to psycho-social stress.
Population
The coal seam gas construction phase in the Darling Downs brought migration and an increased pace of work. That made informal emotional support harder to find as “social capital” had declined.
We were told of older, stalwart residents selling their homes at the premium prices brought by the development boom. Grandparents who had provided temporary childcare left as more women entered the workforce. At the same time, the number of childcare staff fell when the Commonwealth government boosted the required qualifications.
Population turnover increased, according to ABS statistics, from 10-15% per year before the CSG boom to 15-20% per year during the boom. The number of nonresident workers peaked in 2014 at over 9,000 for the Western Downs local government area, which has 30,000 residents.
Arguments about whether the CSG development was good or bad for the community exacerbated a decline in the number and strength of bonds among residents. Interviews suggest that these arguments – both in the gasfield towns and within Aboriginal groups along the gas pipeline route – split neighbours and families.
Business
Business and employment opportunities with the resource industry reduced financial stress for some but increased it for others. Tax statistics show that net business income in Chinchilla outside the agricultural sector grew from A$5.8 million in 2011-2012 to A$29 million in 2012-2013. Wage and salary earnings for the town’s 7,000-plus residents rose from A$132 million in 2010-2011 to A$213 million in 2012-2013.
Many business owners faced longer opening hours, a need to pay higher wages, greater turnover among staff and uncertainties about whether to invest in more capacity.
Resource sector incomes were seen to be significantly higher than those in agriculture, education, police, health and social services. There is a two-speed economy here, residents noted. Studies in organisations suggest that this sort of sense of unfairness contributes to psycho-social stress.
Housing costs
The construction phase for coal seam gas development resulted in a surge in housing costs. Rents rose dramatically in Chinchilla, where 20-30% of residents live in rental housing. Median rent on a three-bedroom house went from A$280 per week in 2011 to A$400 per week in 2013. That is despite most industry staff and tier-one contractors living in camps outside the town. Lower-income families moved away.
The rate of construction of new housing climbed. Chinchilla had 106 residential building approvals in 2011. That more than doubled to 252 in 2014, just as the CSG construction phase ended.
Overbuilding caused rents to plummet. Median rent on a three-bedroom house fell below where the historic trend said it should be, to A$200 per week in 2016. Low rents attracted families on government support. Their numbers increased 65% in a two-year period, according to Centrelink statistics.
Drug arrests
Drug arrests had bottomed out at 4.3 per thousand population in 2012 during the coal seam gas construction boom. By 2016, this figure climbed to 35 arrests per 1,000, well above the Queensland trend. The number of police on the street heightened concern among Chinchilla’s residents, interviews revealed.
So, one can see a distribution of economic benefits but also a distribution of social stresses accompanying development of this resource infrastructure. Psycho-social stress can accumulate when changes cause a drop in “social capital”, reducing informal support, and when there is less access to, or use of, mental health services. Prolonged stress can contribute to cardiovascular disease and decreased immune function.
<img src="https://counter.theconversation.com/content/95216/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1">Further investigation can identify how best to provide the needed duty of care for rural communities near such resource development.
Will Rifkin, Chair in Applied Regional Economics and Director, Hunter Research Foundation Centre, University of Newcastle
This article was originally published on <a href="http://theconversation.com" target="_blank">The Conversation</a>. Read the <a href="https://theconversation.com/fracking-can-cause-social-stress-in-nearby-areas-new-research-95216" target="_blank">original article</a>.
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j.ballantyne1990-6AQqhLzZaK

New research says fracking can cause social stress in nearby areas: Will Rifkin

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This week, all of the busiest suburbs for auctions are in Victoria.
Hoppers Crossing tops the list with 21 homes scheduled to go to under the hammer, followed by Craigieburn with 18 scheduled auctions, while Port Melbourne, Reservoir and Richmond each have 16 scheduled auctions.
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Upcoming auctions
This week, the number of auctions scheduled to take place across the combined capital cities is expected to rise, with 2,342 currently being tracked by CoreLogic, increasing from the 1,799 auctions held last week at final results and similar to the volume of auctions held over the same week last year (2,350).
Both Melbourne and Sydney is expected to see an increase in activity this week, with 1,218 homes scheduled for auction across Melbourne, while Sydney is set to host 737 auctions, increasing on the 914 and 588 auctions held last week respectively.
All of the smaller auction markets will also see a higher volume of auctions this week compared to last.
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A Hoppers Crossing three bedroom house priced at $570,000-$610,000 has been scheduled for auction on April 28 (pictured below).
<a href="https://www.realestate.com.au/property-house-vic-hoppers+crossing-128010758" target="_blank">Located at 4 Stafford Street</a>, the Victorian home comes with formal and informal living areas, large open plan kitchen/meals/living and covered outdoor BBQ alfresco.
Other features include modern second bathroom, polished floorboards, and lock up garage with additional parking for a boat, caravan or trailer.
Positoned on the 633sqm block, it is only minutes to shopping transport and freeway access.
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Another Hoppers Crossing three bedroom has been scheduled for auction on April 28 with a price guide of $400,000 to $440,000 (pictured below).
It is listed by Austin Skilton and Paul Nuske from Professionals Triwest Real Estate.
<a href="https://www.realestate.com.au/property-house-vic-hoppers+crossing-127992962" target="_blank">Situated at 133 Bethany Road</a>, it comes with three bedrooms,  separate living and dining areas, and secure rear yard with lovely established gardens.
Extra features include ducted heating, split system air conditioning, and single remote garage with direct internal entry.
Opposite parklands, it is close to schools, shopping centres, sports facilities and public transport.
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Another two bedroom unit priced at $330,000-$360,000 also has been scheduled for auction on Saturday (pictured below).
<a href="https://www.realestate.com.au/property-unit-vic-hoppers+crossing-128016798" target="_blank">Positioned at 12 The Glades</a>, Hoppers Crossing, it features two bedrooms,  lounge space with an abundance of natural light, double car garage and landscaped backyard.
It is within walking distance of Pacific Werribee Shopping Centre, Cambridge Primary School, Heathdale College, transport, parks, walking trails and more.
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Summary of Last Week’s results
Last week, the final auction clearance rate increased to 62.2% after the week prior saw the final clearance rate drop to its lowest level seen over the year-to-date, returning a 61.7% success rate. In retrospect both clearance rates and auction volumes across the combined capitals have remained relatively steady over each of the last 3 weeks, with clearance rates consistently in the low 60% range and volumes around the 1,800- 1,900 level.
Melbourne and Sydney returned an equal 63.6% auction clearance rate last week, both recording an increase on the week prior when 62.4% of Melbourne auctions cleared and a 61.5% success rate was recorded across Sydney. Looking at volume of auctions, Melbourne recorded a slightly higher volume week-on-week with 914 held, increasing on the 873 the previous week, while Sydney saw a fall in activity with 588 auctions held, down on the 795 auction held the week prior.
The performance across the smaller auction markets were mixed last week, with clearances rates improving in Brisbane and Tasmania, while Adelaide, Canberra and Perth all saw a fall in the final clearance rate over the week.
Of the non-capital city regions, Geelong recorded the highest clearance rate with 85.3% of auctions clearing last week.
<a href="https://www.propertyobserver.com.au/images/2018/4/26/auction%203.jpg" target="_blank">Click here</a> to enlarge:
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<a href="https://www.propertyobserver.com.au/images/2018/4/26/auction%204.jpg" target="_blank">Click here </a>to enlarge:
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Hoppers Crossing tops weekend auction offerings: CoreLogic

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Jensen, a suburb in the City of Townsville, has witnessed one of Queensland's biggest stock increases.
Investar suggests its sale stock has grown by 183%, from 18 houses this time last year to its current 51 offerings. 
It is followed by Logan Reserve with 159% growth and Bahrs Scrub with 135% growth.
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A Jensen four bedroom house was sold at $395,000 in March. 
<a href="https://www.realestate.com.au/sold/property-house-qld-jensen-126740902" target="_blank">The 18 Power Court</a> (pictured above)<a href="https://www.realestate.com.au/sold/property-house-qld-jensen-126740902" target="_blank"> </a>home has four bedrooms, spacious kitchen, separate lounge and large patio.
On a 4016 square metre block, it is only a walking distance to both Primary and Secondary Schools, childcare centres, and minutes to a variety of shops including Woolworths, Coles, and Medical Centre.
Another offering currently on the market is a Mount Kulburn Drive four bedroom house priced at high $500,000's negotiable (pictured below).
<a href="https://www.realestate.com.au/property-house-qld-jensen-127190650">Set in the Gated 'Sea View Park' Estate</a>, the 32/20 Mount Kulburn Drive home comes with four bedrooms, open plan living/dining/kitchen, and deck with views. 
It also comes with pool Area that features a fully self-contained pool house / granny-flat.
It is only 25 mins to CBD.
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Jensen sees Queensland's biggest stock increase in housing

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Many have mixed feelings about the 2018 outlook for the South Australian property market, the latest report by valuers Herron Todd White (HTW) noted.
An increase in the median price appears to be underpinned by the inner ring whilst the outer suburbs maintain slow growth and in some instances negative growth. 
HTW are paying close attention to the labour market, foreign investment and interest rates as these appear to be the issues which will have the biggest bearing on the South Australian property market in 2018.
Over the past decade, the South Australian jobs market has undergone significant changes with a move away from traditional manufacturing based industries.
This has included a number of well publicised closures, in particular the Holden manufacturing plant in the northern suburb of Elizabeth, the announcement by Tenneco that jobs will be lost at the Monroe shock absorber plant in the southern suburb of O’Sullivan Beach and an announcement by Coca-Cola Amatil that their Thebarton bottling plant will be closing in 2019.
Consequently, the South Australian unemployment rate has risen to the second highest in the nation at 6% as at January 2018 (source: Australian Bureau of Statistics).
This has affected populations in the middle to the outer ring, particularly the northern, southern and western suburbs which have the largest proportion of those employed in the manufacturing industry.
Within these regions, Seaton to the west, Morphett Vale to the south and the greater area of Elizabeth to the north provide a good snapshot of general market parameters given their large volume of annual turnover.
Seaton is a large western suburb located approximately 11 kilometres from the Adelaide CBD.
The suburb comprises a north and south section with Royal Adelaide Golf Club situated in the centre of the suburb. Data from the December 2017 quarter indicates the median dwelling price to be $505,000 (source: Real Estate Institute of South Australia (REISA)) which is a 3.8% increase from the same period in 2016.
The majority of dwelling transactions during 2017 occurred within the $400,000 to $600,000 price range (source: CoreLogic).
The recent sale of 10 Raymond Avenue, Seaton for $510,000 provides an indication of what can be purchased within this bracket.
This is a circa 1960s, 3-bedroom, 1-bathroom dwelling situated on an allotment of 757 square metres (pictured below).
It was sold by Attilio Cavuoto and Michael Cavuoto from Ray White.
<a href="https://www.realestate.com.au/sold/property-house-sa-seaton-127369422" target="_blank">Located at 10 Raymond Avenue</a>, the property has been partially updated internally and features a large pergola, carport and vinyl in-ground pool.
It is within easy reach of many amenities that include Westfield West Lakes, schools, transport (bus &amp; train) and local various shops.
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Seaton provides greater affordability than the similarly located suburbs of Fulham, Fulham Gardens and Kidman Park.
Morphett Vale is located approximately 26 kilometres south of the Adelaide CBD.
Development consists of mainly 1970s housing with further development occurring during the 1990s.
Morphett Vale has shown gradual year on year price growth since 2013. In 2017, there were 440 dwelling transactions in Morphett Vale. With the current median house price being $312,500 (source: REISA), Morphett Vale had a 1.54% increase in the median house price from the December 2016 quarter to the December 2017 quarter (source: REISA).
Having such a high turnover of sales provides a reliable indicator as to how the general market is faring in the middle and outer southern suburbs.
Dwelling values within the northern suburbs, particularly those surrounding Elizabeth Central, approximately 28 kilometres north of the Adelaide CBD, have historically fluctuated.
It’s noted that Elizabeth East, Elizabeth Park, Elizabeth Grove, Elizabeth South and Elizabeth Vale have all recorded reductions in their median house prices in the past 12 months. Rental yields remain strong in these areas with gross yields hovering around 6% to 7%.
An example of this is <a href="https://www.realestate.com.au/sold/property-house-sa-elizabeth+east-126756382" target="_blank">38 Ballard Street, Elizabeth East</a> which settled in December 2017 for $181,000 (pictured below).
This property is now let for $275 per week indicating gross yield of 7.1%.
Positioned on an 801 sqm block, it comes with three bedrooms with built in robes, updated kitchen, spacious lounge and garden sheds.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/4/6/ballard%20st.jpg" alt="">
The middle to the outer ring has historically had a higher number of first home buyers and investors who are typically mortgage holders.
At the March meeting of the Reserve Bank of Australia, the cash rate was left at a continued record low of 1.5%.
There has been continual speculation as to when the cash rate will be lifted, with some lenders taking their own measures through 2017 and lifting their lending rates. Media coverage of doom and gloom scenarios surrounding interest rate rises has put this issue in the forefront of mortgage holders’ minds, the recent HTW report noted.
If this scenario was to play out, the middle to the outer ring could be the first market segment to show signs of stress.
Despite these market pressures, Adelaide’s median house price reached a record high of $465,000 in the December 2017 quarter.
Agents have indicated that there has been significant interest in the inner ring from local, interstate and overseas purchasers.
The $500,000 to $1 million price bracket is considered to have had the most upwards pressure through the back end of 2017 and into early 2018.
Comparatively to the surrounding suburbs, good buying can be found in Linden Park which is located approximately six kilometres south-east of the Adelaide CBD where the median house price currently sits at $989,444.
This suburb is characterised by early to mid-1900s dwellings on allotments of 600 square metres plus with a mixture of more recent infill development.
The surrounding suburbs of Tusmore, Toorak Gardens and Beaumont have similar characteristics and have median prices at December 2017 of $1.32 million, $1.507 million and $1.012 million respectively.
The CBD apartment market has shown significant growth over the past 12 months, rising from a median of $434,000 in January 2017 to $505,150 in December 2017.
Data supplied by Core Logic indicates that 2017 had the largest number of CBD apartment transactions on record with 646 transactions.
HTW noted that a large proportion of these transactions have come from off the plan sales contracted throughout 2014 to 2016 which have now settled on completion of construction. There has been a significant amount of foreign investment in this market.
The CBD apartment market will be monitored as the government enforces increased regulations on foreign investment.
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Adelaide has a two-speed residential market: HTW

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A renovation to the food court at Australia Fair shopping centre in Southport, which started in January, has been completed.
The renovation to the central food court area, which not been renovated since 1995, was stage one of its $25 million-dollar revitalisation project.
The cafeteria-style layout has a new floor plan featuring a mix of lounge style bench seating, high bars, upgraded amenities and pendant lighting.
Australia Fair general manager Ramon Otten said works to the were the most recent in a major phase of the centre’s redevelopment project, which also includes a revitalised Scarborough Street entrance, ground floor concourse and new-look Coles.
“Following on from the successful redevelopment of Coles, together with the Scarborough Street entrance and ground floor concourse, we are excited to unveil the next stage of Australia Fair’s revitalisation, being the new-look central food court,” Otten said.
“The transformation will see customers enjoy a selection of international dining options, from fresh salads, sushi and Vietnamese, as well as new furniture and facilities, as the iconic Broadwater facing food court becomes a modern dining precinct that exudes a strong coastal ambience with a contemporary new-look.”
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Otten said a variety of bench seating and phone charging stations have been installed as part of the revitalised food court’s new offerings, in addition to Free Wi-Fi, now available throughout the precinct, and four large televisions, set to air Foxtel.
The ceilings of the food court have been replaced with new plasterboard and feature battens, while the amenities have also received a cosmetic refurbishment including new tiling, partitions and fixtures.
Otten said feedback from shoppers on the new Scarborough Street frontage, Coles Australia Fair and the ground floor concourse had been ‘extremely positive’, following its official unveiling in November last year.
“Stage one of the revitalisation project has already been extremely well-received by our shoppers, who have provided positive feedback on the new look and feel to this part of the Centre,” he said.
“We have carried on the same vibe through to the new-look food court, which will also complement our popular alfresco dining precinct, Australia Fair Metro.
“This is in line with our commitment to improving the Centre’s overall customer experience.”
Other new food tenancies that have recently joined include Vintage Grind, Uncle Bills, Stellar Vietnamese Street Food and U Grill.
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Australia Fair completes stage one of $25 million revitalisation

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A Goolwa Beach two bedroom house on 980 square metres has been sold for $165,100 by mortgagees.
The South Australian home was sold by Peter O'Brien and Julie Payne from LJ Hooker - Goolwa.
Located in the quiet town with no through traffic, the home at <a href="https://www.realestate.com.au/sold/property-house-sa-goolwa+beach-127785630" target="_blank">1 Sexton Street </a>house comes with two bedrooms, fully fenced rear yard and separate two-bay garages.
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It was last traded for $90,000 in 2002.
According to CoreLogic, the suburb's median house price sits on $315,000.
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Goolwa Beach, SA house sold by mortgagee

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The Australian Prudential Regulation Authority (APRA) announced plans today to remove the investor loan growth benchmark which was introduced in late 2014.
It intends to replace it with more permanent measures which it suggests with continue strengthened lending standards.
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The benchmark on interest-only lending, established in March 2017, will continue to apply until further notice. 
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The 10 per cent benchmark on investor loan growth was a temporary measure, introduced in 2014 as part of a range of actions to reduce higher risk lending and improve practices.
Since then APRA said authorised deposit-taking institutions (ADIs) have taken steps to improve the quality of lending, raise standards and increase capital resilience.
APRA has written to ADIs today to advise that it is now prepared to remove the investor growth benchmark, where the board of an ADI is able to provide assurance on the strength of their lending standards.
But any return to more rapid rates of investor loan growth would raise concerns.
"Such an environment could lead APRA to consider the need to apply the counter-cyclical capital buffer or some other industry-wide measure," it warned lenders. 
For the 10 per cent benchmark to no longer apply, lenders will be expected to confirm that:
<ul>
<li>lending has been below the investor loan growth benchmark for at least the past 6 months;</li>
<li>lending policies meet APRA’s guidance on serviceability; and</li>
<li>lending practices will be strengthened where necessary.</li>
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As with previous housing-related measures, this approach has been taken in close consultation with the other members of the Council of Financial Regulators. With risks in the environment remaining heightened, it will be important for ADIs to maintain prudent standards and close any remaining gaps in lending practices.
APRA Chairman Wayne Byres said that while the announcement reflects improvements that ADIs have made to lending standards, there is more to do to strengthen the assessment of borrower expenses and existing debt commitments, and the oversight of lending outside of policy. 
"The temporary benchmark on investor loan growth has served its purpose. Lending growth has moderated, standards have been lifted and oversight has improved. However, the environment remains one of heightened risk and there are still some practices that need to be further strengthened. APRA is therefore seeking assurances from ADI Boards that they will maintain a firm grip on the prudence of both policies and practices." 
For ADIs that do not provide the required commitments to APRA, the investor loan growth benchmark will continue to apply.
As part of these measures, APRA also expects ADIs to develop internal portfolio limits on the proportion of new lending at very high debt-to-income levels, and policy limits on maximum debt-to-income levels for individual borrowers. This provides a simple backstop to complement the more complex and detailed serviceability calculation for individual borrowers, and takes into account the total borrowings of an applicant, rather than just the specific loan being applied for.
"In the current environment, APRA supervisors will continue to closely monitor any changes in lending standards.
"The benchmark on interest-only lending will also continue to apply. APRA will consider the need for further changes to its approach as conditions evolve, in consultation with the other members of the Council of Financial Regulators," Mr Byres said.
 
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APRA moves to ease 10% lender growth restrictions

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GUEST OBSERVATION
Public discussion of rail links to airports has been narrowly focused on the idea of a single line and where to run it. In Melbourne, the politics of this debate has so far prevented a railway from being built, because it is not possible for one line to meet all of the landside access needs of the airport. The issue of rail access for a new western Sydney airport has also not been resolved.
If we want anything to happen at all, we must move beyond barracking for one or other route. We have to recognise the need for multiple lines to serve everyone’s needs.
If we look further afield, of the world’s top 20 airports, 16 have rail access, 14 have integrated metros (i.e. part of the commuter rail network) and four have dedicated express lines as well as integrated metro lines (London Heathrow, Tokyo Haneda, Shanghai Pudong and Bangkok Suvarnabhumi).
In terms of passenger demand, Shanghai Pudong and Bangkok Suvarnabhumi were comparable in 2012 with where Melbourne will be in 2019. London and Bangkok have populations of around 8 million, have other airports and have much greater numbers of passengers transferring within them than Melbourne Airport, but the most salient comparison is the means of landslide access.
We’ll look more closely at Heathrow, one of the more comparable airports to Melbourne, later in this article.
The political divide on a rail link
The history of planning for a Melbourne Airport rail link has been dogged by party-political differences focused on the idea of a single railway and the question of its route out to Tullamarine. Traditionally, the Coalition parties have favoured the express proposals, while the Labor Party has preferred alignments that benefit local commuters.
This difference and the impossibility of resolving it with a single line would be one of the reasons we have so far not gone to the bother of actually building anything. It has also distracted attention from more incremental ways to improve landside access to the airport beyond the SkyBus. Its market is similar to the main targets of the express route proponents.
The most recent express proposal is the AirTrain by the highly respected Rail Futures Institute (RFI). It’s part of a bold plan to separate Victorian regional services from the metropolitan commuter network. This would eventually provide statewide fast rail services, including a 15-minute ride between the airport and Southern Cross Station in the city centre.
The benefits of and urgent need for RFI’s AirTrain proposal are clear. But it still won’t solve all of Melbourne Airport’s landside access demands, nor will it have the city-shaping potential in the northwest region between Tullamarine and the CBD that’s driving the ideas for an airport metro service.
Prime Minister Malcom Turnbull’s embrace of these ideas is a welcome change from his side of politics, as is Premier Daniel Andrews’ apparent support for RFI’s proposal. These are amusing reversals of political positions on airport access, but the community should not be swayed by the potential for wedging.
We can learn from Heathrow
To understand our predicament of airport access, comparisons with London’s Heathrow are useful. Many Australians know this airport and its landside access demands are far more similar to those of Melbourne Airport than may be imagined.
The Piccadilly Tube line was extended to Heathrow in 1977. That was a decade before it was serving over 30 million passengers comparable to what Melbourne airport was serving in 2013.
In 1998, Heathrow added a 15-minute express rail line to Paddington Station, when its landside access needs were about 40 million. That’s the demand Melbourne Airport is projected to hit in 2019. When London’s Elizabeth line (formerly CrossRail) opens next year, it will connect Heathrow to a major east-west line similar to the Melbourne Metro.
In 2028, Melbourne Airport is projected to hit the same level of landside access demand as Heathrow experienced in 2017. Currently, 40% of passengers using Heathrow do so via public transport – 27% via rail, 13% via bus or coach. And 35% of airport staff use public transport, and this is rising.
Heathrow has 13 public bus lines, 27 coach services and three railway services - the stopping-all-stations commuter service on the Piccadilly line and two levels of express service at premium ticket prices on regional railways (which will be subsumed by CrossRail).
By comparison, even though it is one of the world’s busiest, Melbourne Airport has a mere four public buses, some regional coaches and private express bus services. As a result, 86% of access is by car, including 17% by taxi or limo. SkyBus would take the lion’s share of the 14% bus/coach access.
What do these comparisons tell us?
These comparisons show how much more can be done to improve public transport access to Melbourne Airport, in the short, medium and long term. Melbourne Airport needs express as well as commuter rail access, but it needs more than this.
A wider spread of frequent public buses would be easy to implement. Extending the 59 tram service by 7km from Airport West would also be relatively quick and easy. Light rail lines to the airport from La Trobe University and Deer Park would provide much-needed connections to the main commuter rail system in parts of the metropolitan area where public transport is far worse than average.
A genuine commuter metro to the airport would not try to be an express. It would have stations that connect the major and emerging employment centres, such as Airport West, Essendon Fields, Niddrie, Highpoint, Footscray Hospital and Victoria University, and heavy rail stations at Arden and North Melbourne, before connecting with Southern Cross and then Bourke Street, Parliament Station and on to those eastern suburbs where metro services have long been planned.
Such a line would help with the redevelopment of Commonwealth land in Maribyrnong. In fact, without it, redevelopment would not be viable.
The politics of airport access need to be shifted away from focusing on whether one rail route is better than another to the need for a comprehensive transport plan integrated with land use that shows how we can shape our city and our state for a better future.
Ian Woodcock, Lecturer, School of Global, Urban &amp; Social Studies, RMIT University.
This article was originally published on <a href="http://theconversation.com" target="_blank">The Conversation</a>. Read the <a href="https://theconversation.com/melbourne-airport-is-going-to-be-as-busy-as-heathrow-so-why-the-argument-about-one-train-line-95289" target="_blank">original article</a>.
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Melbourne Airport is going to be as busy as Heathrow, so why the argument about one train line?

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Residential property prices are expected to slump by about 8%, according to investment bank Morgan Stanley.
The macro-prudential controls, rising funding and compliance costs and tougher approvals checks on property investors will also contribute to loan growth falling from 6% to 4%, it warns.  
"The risk is skewed to the downside given an increasing focus on responsible lending," the Australian Financial Review reports. 
"The banks' modelling suggests the likely decline in prices will continue throughout 2018," the report noted adding the fall will be in "high single digits". 
Both the quantity and availability of credit is the key constraint on growth, the report states.
"With national prices down 1.5% from the peak late last year, it is clear the housing market has turned," the report states.
"But in contrast with others in the market who view the worst as behind us, we expect prices to fall further throughout 2018, as credit availability is tightened further and a stretched consumer reassesses the outlook.
"While the backlog of approvals not yet completed remains high, we expect some projects to be shelved given tighter credit conditions."
However ANZ economists have suggested “the worst is behind” the property market predicting a 2 per cent gain in 2018 and 4 per cent next year.
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The worst is not behind us: Morgan Stanley's tip 8% price decline

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An AMP planner ran a secret property advocacy business while advising clients to source investment properties from his firm, the banking royal commission has been told.
AMP planner Adam Palmer advised several of his clients to set up self managed super funds to buy investment properties through Property Saint of which he owned 60 per cent.
AMP had hired Palmer in May 2013 despite knowing Palmer had been found to have given poor advice previously.
AMP was also told ahead of Mr Palmer’s employment that the planner had been found by Financial Ombudsman Service in 2009 to have provided inappropriate advice to a client by recommending they invest in Basis Capital.
Basis Capital’s high risk Basis Yield hedge fund collapsed in 2008.
AMP did not conduct an audit of his advice until July 2014 when it was revealed he had at least 10 clients not told of his conflict of interest involving Property Saint.
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<div id="adspot-970x250_728x90-pos2" class="undefined _2rioU" data-google-query-id="CNz3l7Sk0NoCFUxolgodQXUCfQ">
<div id="google_ads_iframe_/21671780509/theage/business/bankingandfinance/bankingroyalcommission_3__container__">AMP was yet to notify Mr Palmer's clients, the royal commission heard.</div>
<div> </div>
<div>Property Saint is a Licensed Real Estate Agency that specialises in buying the right property for our clients and property management.</div>
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Property Saint has industry expertise and great customer service. Its real estate sales are facilitated with a Vendor Advocacy service delivering "excellent results."
Established in 2013, Property Saint claimed its provided "an easy solution for clients to buy property for investments and for primary residence." 
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AMP head of advice compliance Sarah Britt told the royal commission AMP would start reviewing Mr Palmer's client files.
"Ideally we would be compensating them now," Ms Britt said, Fairfax Media reported.
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<div class="_1665V undefined">
Senior counsel assisting the commission Rowena Orr, QC, grilled Ms Britt about Mr Palmer's advice to clients.
“Do you accept that Mr Palmer’s conduct was dishonest,” Ms Orr asked Ms Britt.
Ms Britt said: “I accept obviously that it’s a matter of grave concern that the adviser hasn’t disclosed his interest in this property business… I accept that it could be interpreted as dishonest.”
AMP also decided to not tell Mr Palmer's new employer Dover Financial Group of Mr Palmer's breaches. ASIC later conducted a review of Mr Palmer’s files at Dover and found multiple breaches of the Corporations Act.
According to ASIC's register of financial advisers, Mr Palmer remains a planner for Dover.
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AMP planner ran Property Saint property advocacy

Buyers considering a residence at boutique Gordon townhouse development <a href="https://www.apartments.com.au/new-townhouses/lume-gordon-43-47-dumaresq-street-gordon-nsw-2072">Lume</a>&nbsp;now have another reason to bring forward their decision.

For a limited time, purchasers of a residence at Lume will receive a BMW iX3 50 electric SUV, valued at more than $120,000, as part of their purchase. The offer is designed to add value for buyers while complementing the lifestyle envisioned for the architecturally designed Upper North Shore development.

Scott Timmins, Development Manager at <a href="https://www.apartments.com.au/developers/winim">WINIM</a>, said the partnership was created to provide buyers with a compelling reason to act.

"In today's market, buyers need a compelling reason to act now, and the BMW partnership was designed to create that catalyst. We wanted to add genuine value for our future purchasers. Choosing the all-electric BMW iX3 50 also reflects the values behind LUME, forward-thinking design, innovation and a more sustainable way of living. It's a premium incentive that complements the lifestyle our buyers aspire to and rewards those who commit early."

[smartcode_project:default project_id=7354 project_image_fid=374893]

Delivered by WINIM in partnership with Burtonwood Investment Partners, Lume comprises 14 architecturally designed two, three and four-bedroom townhomes created for families seeking the space of a freestanding house with the ease of modern, low-maintenance living.

The three-storey residences, designed by award-winning architecture practice <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, have been tailored for families and multi-generational living, featuring private internal lifts, flexible lower-level spaces, generous open-plan living and entertaining areas, media rooms, and landscaped outdoor spaces with custom outdoor kitchens.&nbsp;

Inside, engineered oak flooring, bespoke dining joinery with integrated wine fridges and backlit bars, sculptural porcelain bathrooms, Parisi freestanding baths and Astra Walker tapware create interiors that balance functionality with refined finishes.

Each townhome has been designed to combine generous internal spaces with sustainability initiatives such as EV charging infrastructure, while <a href="https://www.apartments.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>'s landscaped communal areas, centred around a restored creek line and native planting, encourage residents to connect with nature and spend more time outdoors.

[smartcode_project:default project_id=7354 project_image_fid=269527]

Rothelowman's Gary Tsui said the architecture was conceived to respond carefully to its Upper North Shore setting.

"Our vision was to create elegant, uplifting homes that draw on and positively contribute to the local character through meticulously considered design and an interaction with the surroundings."

The communal landscape has been designed as more than an open space between homes. Arcadia's Ben Newell and Kate Phillips said the adjoining reserve provided an opportunity to create a distinctive natural retreat for residents.

"Just as waterways carve their way through Ku-ring-gai's landscape, a raised boardwalk weaves through the reserve, connecting the homes to this tranquil oasis."

[smartcode_project:default project_id=7354 project_image_fid=374892]

Located just 300 metres from <a href="https://www.apartments.com.au/developments/gordon-nsw-2072">Gordon</a> Village and Gordon railway station, Lume offers convenient access to Sydney's CBD while placing residents close to some of the North Shore's leading schools, including Ravenswood, Pymble Ladies' College and Knox Grammar. Lane Cove National Park, Gordon Golf Club and a range of cafés and restaurants further reinforce the family-focused lifestyle on offer, with the BMW iX3 50 complementing everything from local trips around Gordon to weekend drives and city commutes.

Construction is underway with completion expected in mid-2027.

[smartcode_project_cta:default project_id=7354]

Joel Robinson

Boutique Gordon townhomes now come with a BMW iX3 50

Two apartments have sold for more than $10 million at EADE Byron Bay, setting some of the highest apartment prices ever achieved in the coastal town and underlining the growing appetite for luxury beachfront apartments in Australia's most popular coastal locations.

The $210 million project by Vitale Property Group has now secured more than $70 million in sales, led by residences that changed hands for $12.75 million and $11.75 million.

The record-breaking transactions reinforce the shift occurring in Byron Bay's premium property market, where affluent downsizers and lifestyle buyers are increasingly opting for high-end apartments over large beachfront homes.

<a href="https://www.apartments.com.au/new-apartments/eade-byron-bay-29-shirley-street-byron-bay-nsw-2481">EADE Byron Bay</a> occupies a rare 6,000 sqm absolute beachfront site on the corner of Shirley and Milton Streets overlooking Main Beach and The Wreck surf break, just 350 metres from Byron Bay's town centre.

The 25-residence development is the first beachfront apartment project approved in Byron Bay in more than a decade and is currently under construction, with completion expected in May 2027.

[smartcode_project:default project_id=145590 project_image_fid=359521]

The project has attracted a mix of local Byron Shire residents downsizing from larger homes, alongside interstate buyers from Sydney, Melbourne and Brisbane seeking a permanent coastal lifestyle without compromising on space.

Designed by <a href="https://www.apartments.com.au/architects/hayball">Hayball</a> and with interiors by <a href="https://www.apartments.com.au/interior-designers/alexander-co">Alexander &amp; Co</a>, EADE comprises&nbsp;10 garden apartments ranging from 284 sqm to 622 sqm, nine with private pools, five full-floor apartments and 10 rooftop residences with private plunge pools, expansive outdoor entertaining areas and uninterrupted ocean views.

[smartcode_project:default project_id=145590 project_image_fid=359527]

<a href="https://www.apartments.com.au/developers/vitale-property-group">Vitale Property Group</a> Managing Partner Chris Vitale said the project's combination of scale, location and limited future supply was driving buyer demand.

"There isn't another beachfront holding in Byron Bay of this size and position that could be developed again," Vitale said.

"Buyers are responding to the scarcity and the irreplaceability of a site of this calibre and to floorplans they can't find elsewhere in the market.

"We are seeing buyers place significant value on quality, space, design, resort-style amenities and the rarity of the location. The sales achieved to date demonstrate that discerning purchasers recognise the long-term significance of what is being created at EADE Byron Bay.

"Many are coming from larger homes in the Byron region, or from Sydney, Melbourne and Brisbane, and are after the space, security and convenience, without the upkeep of a house."

&nbsp;

[smartcode_project:default project_id=145590 project_image_fid=359523]

The Byron Bay project follows Vitale Property Group's delivery of the Mondrian Hotel and Private Residences at Burleigh Heads, with EADE continuing the developer's focus on luxury coastal developments.

Residents will have access to a resort-style swimming pool, gymnasium, sauna, cold plunge pool, concierge services and dedicated workspaces, while the project is targeting an 8-Star Green Star rating.

EADE Byron Bay is being exclusively marketed by Projx Australia in conjunction with WHITEFOX Projects.

WHITEFOX National Projects Director Phillip Rand said demand had been driven predominantly by owner-occupiers.

"We are seeing buyers at EADE place significant value on quality, space, design, resort-style amenities and the rarity of this location," Rand says.

"The sales achieved to date demonstrate that purchasers at this level recognise the long-term significance of what is being created at EADE Byron Bay."

Residences at EADE Byron Bay are currently priced between $4.75 million and $15.95 million.

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[smartcode_project_cta:default project_id=145590]

Vitale breaks Byron Bay records with EADE sales flurry 

When buying an apartment, most people compare the big-ticket items first. Floorplans. Kitchens. Balcony size. Natural light. The view.

But there's one everyday consideration that often doesn't come up until after moving in: how parcels are delivered.

As online shopping has become part of everyday life, parcel deliveries have shifted from an occasional event to a regular occurrence. Australians spent a record $82.6 billion shopping online in 2025, with almost one in every four retail dollars now spent digitally.

For apartment residents, that can present a challenge.

If nobody is home to accept a delivery, parcels may be redirected to a nearby Post Office, left in a building lobby or common area, or require building management to step in. In higher-density buildings, where dozens or even hundreds of residents may receive deliveries each day, parcel management has become an increasingly important part of everyday living.

That can create a range of frustrations. A missed delivery often means making time to collect a parcel elsewhere, while packages left unattended in foyers or mail areas can create clutter and increase the risk of theft. What seems like a minor inconvenience can quickly become a recurring issue for residents who shop online regularly.

It's one of those details that rarely features in a display suite but can have a noticeable impact once residents move in.

As a result, buyers are beginning to look beyond traditional apartment features and consider how a building supports day-to-day convenience, including whether there are secure options for receiving deliveries.

Australia Post's Parcel Lockers provide one solution.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/CkF2oKmlACg?si=C50sDaoUUn2nuLmq" title="YouTube video player" width="560"></iframe>

Rather than having a parcel delivered directly to an apartment, eligible deliveries can be sent to a nominated Parcel Locker. Once the parcel arrives, residents receive a notification through the AusPost app or SMS and can collect it using a QR code or one-time PIN at a time that suits them.

The Parcel Locker network now includes more than 1,500 locations nationwide, with installations at Post Offices, shopping centres, transport hubs and an increasing number of residential developments. By providing a secure collection point, Parcel Lockers help reduce missed deliveries and avoid parcels being left unattended in common areas.

For developers, parcel infrastructure is becoming another way to improve the resident experience. Rather than relying on concierge staff or leaving parcels in communal spaces, secure collection points help streamline deliveries while preserving the presentation and functionality of shared areas.

For buyers, it's a reminder that the best apartment features aren't always the most obvious.

A generous floorplan or quality finishes might help narrow the shortlist, but the conveniences that simplify everyday life, whether that's EV charging, secure bike storage or reliable parcel delivery, often become the features residents appreciate most once they're living there.

The apartment feature many buyers don't think about, until their first missed delivery

<a href="https://www.apartments.com.au/developers/hg-developments">HG Developments</a> is doubling down on Maud Street in Newstead, filing plans for a new apartment tower just a few doors down from its under-construction Aire Newstead development.

Recently submitted to Brisbane City Council, the proposal is for an 18-storey building designed by bureau^proberts, which has drawn heavily on Brisbane's subtropical design principles while referencing the suburb's industrial heritage.

A total of 64 apartments are planned for the amalgamated 1,518 sqm site at <a href="https://www.apartments.com.au/new-apartments/17-21-maud-street-newstead-qld-4006">17–21 Maud Street</a>, a short walk from the Brisbane River and Newstead Riverwalk.

<img alt="First look: HG Developments plans 18-storey subtropical apartment tower for Newstead" data-entity-type="file" data-entity-uuid="a400c7fd-bd15-48f8-a63b-10ede92efe00" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Maud%20st%20bldg.png?VersionId=.0vPmjpbC7CNP7kqGWa6L7rGIwsNExaw" />

"The building is defined by a series of vaulted motifs that reinterpret the arches, colonnades and layered facades evident throughout Newstead's historic built fabric," the Urban Design Report states.

"Combined with recessed glazing and generous balconies, these elements create a layered building envelope that provides shade, weather protection and opportunities for natural ventilation whilst establishing a distinctive architectural identity."

The proposal comprises 64 two, three and four-bedroom apartments across 18 residential levels, positioning it alongside a growing number of taller residential projects transforming Newstead's northern precinct. The tower incorporates extensive subtropical landscaping, with cascading planter boxes, deep planting at street level and a landscaped rooftop recreation area.

<img alt="First look: HG Developments plans 18-storey subtropical apartment tower for Newstead" data-entity-type="file" data-entity-uuid="1d8140f4-8b98-45cd-b1b8-1efe8c8e266b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Maud%20st%20podium.png?VersionId=VAZtbCoD44YCJ57N99fQCAKeSJx7ldZs" />

Bureau Proberts has prioritised passive environmental design throughout the project, with generous balconies, recessed glazing and operable façades helping reduce solar heat gain while maximising natural ventilation. River views become available from the upper levels, while the building has been orientated to capture prevailing breezes from both the Brisbane River and the west.

The architects say landscape is intended to be integral to the building rather than an applied element.

"Vertical greenery, cascading planter boxes and elevated gardens are woven throughout the architecture, softening the built form and strengthening the connection between residents and the subtropical environment."

"Through the integration of landscape, high-quality materials and passive design principles, the development delivers a refined residential address that celebrates Newstead's heritage character while contributing positively to Brisbane's evolving subtropical identity."

Newstead has remained one of Brisbane's most active apartment markets in recent years, with a number of developers continuing to back the inner-city suburb.

HG Developments is currently delivering the 40-apartment Aire Newstead at 25 Maud Street. Fortis recently launched the 65-apartment <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a> on Kyabra Street, while builder-developer BPG and Don O'Rorke's Consolidated Properties are both expected to launch their respective Newstead projects before the end of the year.

HG Developments doubles down in Newstead with second Maud Street apartment development

Walk past a new apartment development promoting its sustainability credentials and it's easy to picture rooftop gardens, mature trees, landscaped courtyards and residents surrounded by nature.

But in many cases, that's not actually what those sustainability ratings guarantee.

Australia's leading environmental rating tools have played a significant role in improving the energy efficiency and environmental performance of buildings. Yet despite their focus on reducing emissions, many don't require developers to include trees, biodiversity or meaningful green space.

In other words, a building can achieve one of the country's highest sustainability ratings while containing little more than concrete, glass and hard landscaping.

That disconnect has led to the emergence of a new movement across Australia's property industry: nature-based cities.

The concept goes beyond designing buildings that consume less energy. Instead, it encourages developers to treat nature as essential infrastructure, integrating biodiversity, tree canopy, living landscapes and green spaces into projects from the earliest stages of planning.

Research has consistently linked access to nature with better physical and mental health, cooler neighbourhoods, improved biodiversity, stronger climate resilience and more connected communities. As Australia's cities continue to become denser, advocates say those outcomes should be considered just as important as energy efficiency.

Nature Based Cities (NBC) was established in 2022 to help accelerate that shift.

Founded by Hamton Executive Chairman Paul Hameister OAM, the not-for-profit was created after research highlighted a significant gap in Australia's sustainability framework. While existing environmental rating tools rewarded energy performance and emissions reductions, they placed little emphasis on the inclusion of living landscapes.

"We've always wanted to do more, and we know other developers who want to do more, but the ESD rating tools just aren't there," Hameister says.

"In Australia, you can have a five-green-star rated building that's concrete and glass with not a blade of grass.

"The focus is on reducing emissions, which is laudable, but there hasn't been enough attention paid to protecting and re-establishing nature. We need both for the health of the environment and for communities."

Since its launch, NBC has developed independent design guidelines and accreditation frameworks that encourage developers to prioritise ecology, biodiversity, tree canopy, walkability and living landscapes alongside traditional sustainability measures. The organisation first focused on medium and high-density residential developments before recently expanding into precinct-scale communities and masterplanned neighbourhoods.

Jan Talacko, founder of sustainability consultancy Ark Resources and a member of the Nature Based Cities Advisory Council, says the initiative addresses an area that has largely been overlooked by the property industry.

"Throughout my 25 years of working collaboratively with all stakeholders in the property sector, I've always favoured a pragmatic approach to sustainable design which encourages initiatives that not only meet environmental expectations but also improve amenity," Talacko says.

"Whilst we are making steady progress in relation to energy and carbon emissions from buildings, there has been much less emphasis on encouraging biodiversity and tackling the urban heat island effect.

"The Nature Based Cities initiative responds to a gap in the suite of tools currently used by the property development sector, which don't provide sufficient incentive, or recognition, for the integration of landscaping and greenery."

For apartment buyers, the shift is also changing the questions worth asking.

Rather than assuming a sustainable building will naturally include abundant green space, buyers are increasingly being encouraged to look beyond environmental ratings and ask what nature is actually being delivered. How much tree canopy will the development create? Has biodiversity been considered? Are landscaped spaces designed for people as well as appearance?

As Australia's cities continue to grow upwards and outwards, the next generation of sustainability may not simply be measured by lower emissions, but by how successfully developments bring nature back into everyday urban life.

Staff reporter

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