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<p>Nippon Express has committed to a 19,000 sqm purpose-built distribution centre at Boundary Estate in Laverton North, Melbourne. </p>
<p>This will be a consolidation of Nippon Express’ existing sites at Tullamarine and Truganina and will accommodate forecast growth in the logistics consulting company’s operations over the coming years.</p>
<p>Nippon Express’ seven-year commitment to the new distribution centre was facilitated through Colliers International.</p>
<p><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/2019/11/11/Nippon_cam3_20190729a.jpg" alt=""></p>
<p>Colliers International Directors Hugh Gilbert and David Follacchio brokered the complex transaction, which involved the surrender of two existing leases, negotiation of the new lease as well as securing a sub-lease for Nippon Express while the new facility is being constructed.   </p>
<p>The new prime-grade distribution centre will be fully drive around with 13.7 m internal clearance height and a 30 m super awning. </p>
<p>Nippon Express’ new Boundary Estate facility is due for completion in May 2020.</p>
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Nippon Express commit to $30 million distribution centre in Melbourne

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<p>Three of the 20 available lots in Brisbane's Waratah Industry Park at Acacia Ridge were sold off the plan.</p>
<p>The deals were negotiated by Knight Frank agents Lachlan Hateley and David Knox and Raine and Horne agents Nick Comino and Joseph Grasso.</p>
<p>More than $2.5 million in land has already been sold off the plan in a subdivision providing the last remaining small industrial lots in Brisbane’s core south precinct to the market.</p>
<p>The three smaller lots, two of which were sized at 2,500 sqm and one of which was around 3,000 sqm, sold for prices ranging between $325 and $350 per square metre, with the combined value of the sale totalling more than $2.5 million.</p>
<p>One lot was purchased by an owner-occupier, with developers behind the other two purchases.</p>
<p>The estate has been developed by Warapar Resources Pty Ltd with delivery of the project managed by Mossport Project Management.</p>
<p>The remaining lots range in size from around 2,100 sqm up to around 47,370 sqm, but most are 5000 sqm or smaller.</p>
<p>The total sales value of these remaining lots is more than $30 million.</p>
<p>Mr Hateley said it was expected there would be strong demand for the remaining land in the subdivision - located in the heart of Acacia Ridge at Loam Street, Competition Street and Research Street - now the titles had been released to the market.</p>
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Three industrial lots in Brisbane's south sold OTP

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<p><span>Hervey Bay has been experiencing steady rental levels over the past 12 months after a period of growth for the 12 months prior, according to a recent Herron Todd White (HTW) residential report. </span></p>
<p><span>The valuation firm took at look at rental yields across the nation. </span></p>
<p><span>The report notes the vacancy rate has been sub- 2% for an extended period now and rental pressure has seen rental rates improve across most asset classes.</span></p>
<p><span>According to the REIQ’s Monthly Monitor, median weekly rents rose across a number of dwelling types according to the annual measure. </span></p>
<p><span>Three- bedroom houses recorded a median weekly rent of $310 (up $10), two-bedroom units had a median of $263 (up $13) and three-bedroom townhouses came in at $330 (up $2).</span></p>
<p><span>"House yields held relatively steady at 5.1% this quarter, up 0.2% from the previous quarter. </span>Unit yields rose by 0.7 percentage points over the December quarter 2018," the valuation firm said. </p>
<p><span> Units are achieving an overall median rent of $263 per week compared to the September 2018 quarter result of $255 per week.</span></p>
<p><span>The Monitor suggests that the rental market may continue to fluctuate seasonally, but gently rising median rents indicate the sector is generally firming.</span></p>
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<p><span>Most dwellings with three to four bedrooms can achieve $340 per week at a minimum with gross yields typically above 5% per annum. </span></p>
<p>"Duplexes or blocks of flats can generally achieve a higher return than a standard dwelling, however buyers beware that any capital works required will cut into your net return.</p>
<p><span>"Single units typically realise a lower gross yield due to additional body corporate costs," the valuation firm said. </span></p>
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Hervey Bay rental levels stabilise: HTW residential 

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<p><span>In central Surfers Paradise, agents report variations </span>in rates of return to investors, according to a recent Herron Todd White (HTW) residential report. </p>
<p>The valuation firm took a look at rental yields across the country. </p>
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<p><span>"Older high rise units close to the beach have a high underlying land value component and are subject to higher council rates, which themselves are variable," the valuation firm said. </span></p>
<p><span>For example, if the owner is an owner- occupier, there is a lower rates level. </span></p>
<p><span>If the unit is let on a permanent basis the rates level is higher, and if it is holiday let, the rates level is higher again. </span></p>
<p><span>According to the HTW report, this is just the rates themselves, not including the water rates which stay the same regardless.</span></p>
<p><span>However, if the property has an efficient water usage rating, it is permissible to pass on the water and sewerage rates to the tenant, which increases the return to the investor.</span></p>
<p><span>The Chevron Renaissance development is a modern circa 2004 three tower development comprising a total of 714 units plus retail and office use.</span></p>
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<p><span>A leading agent active in this development reports that investors are happier if they can achieve over a 4% net yield. </span></p>
<p><span>This agent sold unit 2066 for $308,000 on 15 May 2009, being a two-bedroom, one-bathroom high-rise unit on level six within </span>the holiday letting pool.</p>
<p>The unit receives a guaranteed rental of $26,500 per annum from on site management.</p>
<p>After outgoings, the net return is $14,746, showing a net yield of 4.78%.</p>
<p><span>In addition to the above return, the owner is also entitled to 14 nights personal occupation of the unit for their own use subject to terms and conditions, the HTW report noted. </span></p>
<p><span>This agent also reports that the expected return on three-bedroom units in the development reduces to around 4% as the purchase price is much higher.</span></p>
<p><span>These higher returns are made possible by the higher expected occupancy rates achieved by the managers. This building is reportedly currently achieving around an 85% occupancy rate.</span></p>
<p><span>The Beachpoint development is an older circa 1978 development comprising a total of 142 units situated opposite the beach in central Surfers Paradise.</span></p>
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<p><span>A one-bedroom unit on the tenth floor with a south- west aspect and restricted ocean views is currently under unconditional contract for $260,000, with settlement due in less than two weeks. </span></p>
<p><span>This unit is tenanted on a 12-month lease at $360 per week. </span></p>
<p><span>Outgoings including rates, water and sewerage rates, and body corporate fees at $152 per week total $10,439 without landlord insurance which leaves $8,281 net income showing a net yield of 3.19%.</span></p>
<p><span>"This lower return is typical for older unit buildings with slightly lower occupancy rates and a higher underlying land value component per unit," the valuation firm commented. </span></p>
<p><span>The agent selling the above property reports </span>typical returns for this style of unit generally range between 2% and 3%.</p>
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<p><span>Further away from the beach in Carrara, a leading local agent reports that investors in cluster unit townhouse complexes aren’t stating what return they are chasing, but are very interested in the potential or actual rental return and want to know what the outgoings are including body corporate fees, rates and water charges and then they work out the net return themselves.</span></p>
<p><span>"Anecdotally he feels they are seeking over 4.5% and for nothing to require repair for the first 12 months," the valuation firm said. </span></p>
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Central Gold Coast sees variations in rates of return to investors: HTW residential 

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<p><span>Gross yields on houses in Emerald range from 5% to 7%, according to a recent Herron Todd White (HTW) residential report. </span></p>
<p><span>The valuation firm took a look at rental yields across the nation. </span></p>
<p><span>"We see this yield for most market segments from $250,000 to $450,000.</span></p>
<p><span>"We have seen rents continue to rise across the Central Highlands towns of Emerald, Moranbah and Blackwater over the past two years. </span>Some areas are now looking attractive," the valuation firm said. </p>
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<p><span>For multi-unit flats, the gross yields on sales have shown 7% to 10% regardless of the price point.</span></p>
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<p><span>The report suggests rents are firming and tightening again as there appears to be another kick in the market currently happening.</span></p>
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<p><span>In Moranbah the gross yield is moving higher to where some houses are seeing near 10%. </span></p>
<p><span>"It’s not uncommon to see a modern four-bedroom home renting at $600 to $650 per week and valued at $350,000. </span></p>
<p><span>"Some of the older two-storey homes that might have dual accommodation (upper and lower level) and a total of seven to eight bedrooms (set up for single occupant accommodation) are hitting the gross yield of 10% on a sale price of $350,000," the valuation firm stated.</span></p>
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Rents continue to rise in Emerald: HTW residential 

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<p><span>Investors in the Darling Downs have generally been attracted to low-maintenance properties such as new or near new four-bedroom, two-bathroom, two-car detached dwellings, two-bedroom units and six-bed, four-bath duplex pairs, according to a recent Herron Todd White (HTW) residential report. </span></p>
<p><span>The valuation firm took a look at rental yields across the nation. </span></p>
<p><span>The report notes the majority of the Toowoomba investor market tends to operate in the sub-$400,000 segment for dwellings, sub-$300,000 for units and sub- $550,000 for duplex pairs. </span></p>
<p><span>"It’s unclear whether investors are favouring strategies to seek higher yields or focusing on capital gains," the valuation firm said. </span></p>
<p><span>With a slow-moving market at present, investors are possibly seeking a blend of the two strategies.</span></p>
<p><span>Some of the western suburbs such as Glenvale, Cotswold Hills and Cranley, and outer lying satellite </span>suburbs including Wyreema and Cambooya have tended to be hot spots for investor activity over recent years.</p>
<p>This is most likely a result of englobo land availability, with the established suburbs unable to accommodate new development.</p>
<p>The report notes yields in these newly developed areas are moderately attractive to investors at circa 4% to 5% for houses and 5% to 6% for units and duplex pairs, however these returns may come at the expense of capital growth.</p>
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<p><span>Buyers seeking to invest in the Toowoomba area could consider purchasing in older suburbs close to the CBD such as Centenary Heights, Darling Heights, Kearneys Spring, Newtown, North and South Toowoomba. </span></p>
<p><span>These areas still generate acceptable yields and arguably have greater potential for capital growth due to their proximity to the CBD and services.</span></p>
<p><span> A recent trend within the established suburbs in areas close to boarding schools, hospitals or the CBD is short term letting utilising platforms such as Airbnb and Booking.com. </span></p>
<p><span>"We have witnessed yields up to and exceeding 10% in select cases, however this comes with intensive management, including managing bookings, financial management and very regular and intensive cleaning," the valuation firm said. </span></p>
<p><span>The smaller towns throughout the broader Darling Downs region can show higher yields anywhere from 5% to 10%. </span></p>
<p><span>Once again, these higher returns come with a higher degree of capital growth risk.</span></p>
<p><span>"Investor interest in Toowoomba and surrounding areas has significantly slowed over the past two years resulting in a reduction in sale volumes, however vacancy rates have declined to sub-2% and rental rates have shown moderate growth. This may lead to an increase in investor activity throughout the Toowoomba region." </span></p>
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Darling Downs/Toowoomba investors attracted to low-maintenance properties: HTW residential 

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<p><span>The residential property market in general in the South West of Western Australia does not, as a rule, take yields into consideration, according to a recent Herron Todd White (HTW) residential report. </span></p>
<p><span>The valuation firm took a look at rental yields across the nation. </span></p>
<p><span>"Yes, investors want good returns adequate to cover the annual costs and help pay off the mortgage but it is capital growth that underpins most of the investor market in the South West," the valuation firm said. </span></p>
<p><span>"If you are after return on investment in the residential market, then the short stay accommodation market may be your thing. </span></p>
<p><span>"However these also have their issues. High strata levies and expensive management and cleaning fees eat into an income which is very seasonally dependent," the valuation firm added. </span></p>
<p><span>The report notes on top of this in general there has been very little capital growth in the short stay market.</span></p>
<p><span>The Airbnb market has increased significantly in the region over past years to such an extent that it has limited the supply of rental properties on the market. </span></p>
<p><span>In some instances, this has placed upward pressure on rental values in peak holiday periods.</span></p>
<p><span>"Properties which have a mix of both short stay and permanent use become more attractive, particularly if they are well located and with good views." the valuation firm said. </span></p>
<p><span>These properties can benefit from high returns in the holiday seasons and modest returns </span>in the off seasons. They are also more likely to benefit from capital growth.</p>
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<p><span>There has been an increase in demand for properties which have the potential for a little income on the side, such as properties with granny flats or a second dwelling which can be rented<br>out on either a short stay or permanent basis.<br></span></p>
<p><span>The Shire of Augusta-Margaret River now permits granny flats and second dwellings to be leased on a permanent and short term basis which increases the options available for extra income. </span></p>
<p><span>Agents have indicated that this sector of the market is on the rise. It is also having an influence on the design of new homes so as to allow for Airbnb style accommodation.</span></p>
<p><span>"Rental income be it short stay or permanent is important to cover costs but capital growth is still king." </span></p>
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Southwest Western Australia sees little capital growth in the short stay market: HTW residential 

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<p>The new transport projects governments are constantly announcing are expensive. In the recent New South Wales and Victorian elections, the returned state governments’ transport infrastructure promises added up to A$165 billion.</p>
<p>What’s mostly missing from the promised transport solutions is smart technology that provides higher benefits at a fraction of the cost – when retrofitting existing roads in particular. The benefit-to-cost ratio can be more than a dozen times greater than for a new road.</p>
<p>Clearly, infrastructure spending helps to drive the economy. These projects also deliver benefits to the community, including increased road safety, shorter travel times and fewer delays.</p>
<p>The economic merit of these projects is usually captured using a benefit-to-cost ratio (BCR). For example, the BCR of the <a href="https://www.theage.com.au/politics/victoria/big-projects-bigger-bills-massive-construction-boom-comes-at-a-cost-20190610-p51w5d" target="_blank">A$15.8 billion</a> <a href="https://bigbuild.vic.gov.au/projects/north-east-link" target="_blank">North East Link</a> road project in Melbourne is estimated to be <a href="https://www.theage.com.au/national/victoria/north-east-link-at-risk-of-becoming-financial-disaster-economist-20190726-p52b6a" target="_blank">1.25</a> – for every A$1 invested, A$1.25 is returned in benefits to the economy and community. For the Melbourne Metro rail tunnel, a best-case <a href="https://metrotunnel.vic.gov.au/about-the-project/faq" target="_blank">BCR of 3.3</a> has been reported.</p>
<p>But are we getting good value for money? Could cheaper alternatives deliver more benefits?</p>
<h2>Technology offers smarter, cheaper solutions</h2>
<p>Technology offers transport solutions that provide higher benefits at a fraction of the cost of building new infrastructure. Collectively known as <a href="https://www.youtube.com/watch?v=XOMamTXK5T8" target="_blank">intelligent transport systems</a>, these are widely recognised today as better answers for smart transport outcomes.</p>
<p>When <a href="https://www.mckinsey.com/industries/capital-projects-and-infrastructure/our-insights/infrastructure-productivity" target="_blank">comparing</a> different “congestion-busting” options, “building more roads” provides, on average, a BCR of 3.0. This is dwarfed by the much higher BCR values of tech solutions.</p>
<p><a href="https://images.theconversation.com/files/300779/original/file-20191107-10952-17um5x0.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/300779/original/file-20191107-10952-17um5x0.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a></p>
<p><span class="attribution"><a class="source" href="https://books.google.com.au/books/about/Low_Carbon_Mobility_for_Future_Cities?id=g8NIDgAAQBAJ&amp;source=kp_book_description&amp;redir_esc=y" target="_blank">Source: Low Carbon Mobility for Future Cities: Principles and Applications (Dia, H. ed, 2017), adapted from Infrastructure Productivity: how to save $1 trillion a year (McKinsey, 2013)</a>, <span class="license">Author provided</span></span></p>
<p><a href="https://www.fhwa.dot.gov/innovation/everydaycounts/edc-1/asct.cfm" target="_blank">Adaptive traffic signal control</a> allows <a href="https://youtu.be/lZtOgqbNMVE" target="_blank">traffic signals</a> to change based on actual traffic demand. This yields, on average, a BCR of 40.</p>
<p>Traffic signals along a route can be coordinated to create “<a href="https://youtu.be/PQ-HBC6QGHo?t=12" target="_blank">green waves</a>” for platoons of vehicles to travel without stopping. These solutions are effective for congested cities that experience rapid traffic growth and changing traffic patterns.</p>
<p><a href="https://www.itsinternational.com/sections/nafta/features/integrated-corridor-management-to-enhance-travel-efficiency/" target="_blank">Corridor management systems</a> use technology to control networks of motorways and urban roads. The average BCR is 24.</p>
<p>On <a href="https://www.vicroads.vic.gov.au/traffic-and-road-use/traffic-management/managed-motorways" target="_blank">managed motorways</a>, <a href="https://www.vicroads.vic.gov.au/traffic-and-road-use/traffic-management/managed-motorways/coordinated-ramp-signals" target="_blank">ramp signals</a>, <a href="https://www.youtube.com/watch?v=4aUyMJwZ8_s" target="_blank">variable speed limit signs</a> and <a href="https://www.vicroads.vic.gov.au/traffic-and-road-use/traffic-management/managed-motorways/traveller-information-for-motorists" target="_blank">traveller information systems</a> are <a href="https://youtu.be/iFL2CZfJZD8" target="_blank">proven tools</a> to respond in real time to changing traffic conditions. In <a href="https://www.transmax.com.au/wp-content/uploads/2018/01/Case-Study_Smart-Motorways-.pdf" target="_blank">one case</a>, a managed motorway reduced travel times by 42% and accidents by 30%.</p>
<p><a href="https://www.vicroads.vic.gov.au/traffic-and-road-use/traffic-management/managed-motorways/lane-and-speed-management-for-incidents" target="_blank">Traffic incident management</a>, which has a BCR of 21, includes technologies that aid quick detection and removal of crashes. They also detect other incidents such as broken-down vehicles or spilled loads that reduce road capacity. The systems rely on smart <a href="https://www.sciencedirect.com/science/article/pii/S0968090X97000168" target="_blank">software</a> that analyses sensor data in real time.</p>
<p><a href="http://ntimc.transportation.org/Pages/NTIMCPublicationsandProducts.aspx" target="_blank">Benefits</a> include a 40% reduction in time to detect incidents. The technology also <a href="http://ntimc.transportation.org/Documents/Benefits11-07-06.pdf" target="_blank">reduces incident duration by 23%</a> and <a href="https://www.propertyobserver.com.au/https://trid.trb.org/view/481658" target="_blank">road crashes by 35%</a>.</p>
<h2>Combining tech solutions magnifies benefits</h2>
<p>When solutions are combined, benefits are amplified. The <a href="https://sunguide.info/annual-reports/district-six-its-annual-report/" target="_blank">Florida Department of Transportation</a> implements a transport technology program on its networks. The solutions include incident management, ramp signalling, traveller information and <a href="https://www.youtube.com/watch?v=mdVDEU5UVb4&amp;feature=youtu.be&amp;t=50" target="_blank">express lanes</a>. Reduced incident duration and traffic delays are among the key benefits.</p>
<p>In 2018, the benefits of this program totalled almost <a href="https://sunguide.info/reports/annual-reports/District-Six-ITS-Annual-Report/2018-District-Six-ITS-Annual-Report.pdf" target="_blank">US$3.1 billion</a> (A$4.5 billion). The costs were <a href="https://sunguide.info/reports/annual-reports/District-Six-ITS-Annual-Report/2018-District-Six-ITS-Annual-Report.pdf" target="_blank">US$70.3 million</a> (A$102 million). That’s a BCR of 43.7.</p>
<p><a href="https://images.theconversation.com/files/300555/original/file-20191107-12506-jk28cf.JPG?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/300555/original/file-20191107-12506-jk28cf.JPG?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a></p>
<p><span class="caption">Benefit-cost ratios of transport technology solutions implemented over a decade by Florida Department of Transportation.</span> <span class="attribution"><span class="source">Author provided</span></span></p>
<p>In the UK, the <a href="https://www.mckinsey.com/%7E/media/McKinsey/Industries/Capital%20Projects%20and%20Infrastructure/Our%20Insights/Infrastructure%20productivity/MGI%20Infrastructure_Full%20report_Jan%202013.ashx" target="_blank">cost</a> of implementing technology solutions on the <a href="https://www.roads.org.uk/motorway/m42" target="_blank">M42 motorway</a> was US$150 million (A$218 million) and took two years to complete. Widening the road to produce the same outcome would have taken 10 years and cost US$800 million (A$1.16 billion).</p>
<h2>A shift in priorities is needed</h2>
<p>Considerable investment in transport infrastructure is still required. It should be guided by strong business cases and aligned with community values and expectations.</p>
<p>However, technology is getting to the point where it’s making a serious difference in tackling the mega challenges facing our cities. Its role must be prioritised.</p>
<p>The benefits are compelling. Intelligent technology systems improve the use of existing assets and increase their operational life. They enhance traveller experience and reduce reliance on building new roads. And they deliver superior value for money.</p>
<p>But widespread deployment of these technologies is still limited. To spur change and unlock value, we must move beyond a project-by-project approach.</p>
<h2>Learn from the best</h2>
<p>Governments can be guided by <a href="https://itif.org/publications/2010/01/09/explaining-international-it-application-leadership-intelligent" target="_blank">leading nations</a> in this field such as South Korea, Japan and Singapore. Their citizens experience the benefits every day. Smart transport solutions improve their quality of life through easier travel, less congestion and more reliable services.</p>
<p>The recurring policy themes in these countries include a national vision of smart infrastructure and commitment to funding. They prioritise investment in research and trials, standards development and partnerships with industry. These are key factors in the success of their tech-driven transport solutions.</p>
<p>These are the policies and investments Australia should prioritise. They will modernise our transport systems in innovative ways that lift our economy and living standards.<img src="https://counter.theconversation.com/content/125718/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important;"></p>
<p><span><a href="https://theconversation.com/profiles/hussein-dia-110689" target="_blank">Hussein Dia</a>, Professor of Future Urban Mobility, <em><a href="http://theconversation.com/institutions/swinburne-university-of-technology-767" target="_blank">Swinburne University of Technology</a></em></span></p>
<p>This article is republished from <a href="http://theconversation.com" target="_blank">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/smart-tech-systems-cut-congestion-for-a-fraction-of-what-new-roads-cost-125718" target="_blank">original article</a>.</p>
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Smart tech systems cut congestion for a fraction of what new roads cost

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<p>In the past, when you needed chemotherapy or intravenous (in-the-vein) treatments such as antibiotics or hydration, you needed to be admitted to hospital.</p>
<p>These days, it’s possible to have such treatments in the comfort of your home, with nursing or other clinical supports.</p>
<p>Public hospital-in-the-home and other hospital-substitute programs are burgeoning in the public sector, including in <a href="https://www.mja.com.au/system/files/issues/193_10_151110/mon10237_fm.pdf" target="_blank">Victoria</a>, <a href="https://www.silverchain.org.au/wa/" target="_blank">Western Australia</a> and <a href="https://www.health.nsw.gov.au/Performance/Pages/HITH.aspx" target="_blank">New South Wales</a>. These programs now provide the equivalent of hundreds of hospital beds.</p>
<p>Having treatment at home is more convenient for patients, reduces the demand on hospitals, and <a href="https://www.cochranelibrary.com/cdsr/doi/10.1002/14651858.CD007491.pub2/abstract" target="_blank">cuts costs for the health system</a>.</p>
<p>But if you have private health insurance and want to access these services via a private hospital, it’s often not possible. This needs to change.</p>
<h2>What’s the problem?</h2>
<p>Private health insurers are tightly regulated. If you have a top “gold” package, for example, the insurer must pay for all hospital services that attract a government Medicare Benefits Schedule (MBS) payment, other than cosmetic surgery.</p>
<p>But insurers are currently <a href="https://www.health.gov.au/health-topics/private-health-insurance/about-private-health-insurance/how-does-private-health-insurance-work" target="_blank">not allowed to cover</a> care provided outside of hospitals, except in very limited circumstances.</p>
<p>Insurers <em>are</em> allowed to cover eligible home-based programs developed by private hospitals. But they get to decide on a case-by-case basis whether to cover these programs. And each insurer makes a separate decision for each program.</p>
<p>This means private hospitals must negotiate with each private health insurer for each separate program, for each contract period. This makes it almost impossible for private hospitals to develop sustainable business cases for their programs.</p>
<p>The upshot is patients often miss out on the convenience of having hospital-type services in their home, and instead may face prolonged hospital stays.</p>
<p>The red tape needs to be untangled to make it easier for private hospitals and doctors to run these programs and for insurers to pay for them.</p>
<h2>What kind of care can you get at home?</h2>
<p>Few hospital-type services are delivered at home under the current system for privately insured patients: they account for about <a href="https://www.apra.gov.au/quarterly-private-health-insurance-statistics" target="_blank">4% of hospital treatments paid in 2018-19</a>.</p>
<p><a href="https://www.cabrini.com.au/patients-and-families/services/directory/hospital-in-the-home" target="_blank">Common hospital-type treatments</a> in the home include IV therapy and wound care.</p>
<p>A number of insurers are conducting pilot programs for out-of-hospital rehabilitation after strokes, <a href="https://www.medibank.com.au/livebetter/my-medibank/using-your-cover/rehab-in-the-home/" target="_blank">joint replacements</a> or an accident; chemotherapy; kidney dialysis; and <a href="https://media.bupa.com.au/palliative-care-pilot-recognised/" target="_blank">palliative care</a>, so people can die more comfortably in their own homes.</p>
<p>Untangling red tape would also allow private hospitals to offer more “<a href="https://www.bmj.com/content/358/bmj.j3702" target="_blank">prehabilitation</a>” programs to prepare people for elective surgery, and to offer <a href="https://www.mja.com.au/journal/2018/209/5/predictors-inpatient-rehabilitation-after-total-knee-replacement-analysis" target="_blank">rehabilitation programs in people’s homes</a> after surgery.</p>
<p>Theoretically, hospital-substitute programs at home could expand to other treatment areas such as obstetrics to have your baby at home. Or for <a href="https://www1.health.gov.au/internet/main/publishing.nsf/Content/05EB674588C31EB7CA257E28001F1BBD/%24File/Guidelines%20for%20Determining%20Benefits%202015%20Edition-Checked.pdf" target="_blank">mental health</a> treatment, which may be more efficiently provided outside hospital.</p>
<p>But legislative restrictions (designed to stop insurers covering general practice) have limited the expansion of these programs.</p>
<h2>How should the system work?</h2>
<p>Regulation should support people’s access to the most efficient form of care. And private hospitals should have more certainty about how they’ll be reimbursed when they invest in alternatives to hospital inpatient care.</p>
<p>Rather than each insurer deciding whether they should fund good programs, the independent body which assesses and approves the public-sector equivalent of home-based care – the <a href="https://www.ihpa.gov.au/" target="_blank">Independent Hospital Pricing Authority</a> – should do the same for the private sector.</p>
<p>If a program has been approved by the authority, then private health insurers should be required to pay for it.</p>
<p>Specialist doctors, such as oncologists, should also be able to establish hospital substitute programs and have them approved for funding by private health insurers.</p>
<p>All of this is about improving quality and access to care, while at the same time reducing costs. It should be easier for private health insurers to pay for better alternatives to hospital care, where they can deliver the same treatment with the same or better outcomes, <a href="https://www.cochranelibrary.com/cdsr/doi/10.1002/14651858.CD007491.pub2/abstract" target="_blank">but at a lower cost</a>.</p>
<p>It is also about providing good alternatives to private hospital care, increasing competition in the health system, and reducing the number of unnecessary hospital admissions.</p>
<p>There are big opportunities for system-wide efficiencies in the private sector by shifting care from inpatient to outpatient settings – particularly for rehabilitation, psychiatric care, <a href="https://www.asrs.org/patients/retinal-diseases/33/intravitreal-injections" target="_blank">eye injections</a> for retinal conditions, and outpatient <a href="https://www.veinhealth.com.au/ambulatory-phlebectomy/" target="_blank">vein surgery</a>.</p>
<p>The public sector has already expanded its alternatives to hospital inpatient care. It’s time for the private system to do the same.</p>
<p><span><a href="https://theconversation.com/profiles/stephen-duckett-10730" target="_blank">Stephen Duckett</a>, Director, Health Program, <em><a href="http://theconversation.com/institutions/grattan-institute-1168" target="_blank">Grattan Institute</a></em></span></p>
<p>This article is republished from <a href="http://theconversation.com" target="_blank">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/private-health-insurers-should-start-paying-for-hospital-type-care-at-home-126345" target="_blank">original article</a>.</p>
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Private health insurers should start paying for hospital-type care at home

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<p>The National Dust Disease Taskforce is preparing to read submissions next week on how best to handle the resurgence of the fatal lung disease silicosis. This can develop after breathing in silica dust when cutting artificial stone — also known as engineered, composite or manufactured stone — the type used for kitchen benchtops.</p>
<p>But this is not the first time we’ve been alerted to the long-term effects of exposure to hazardous dust. Think asbestos.</p>
<p>So what lessons can Australia learn from tackling asbestos to manage this latest preventable occupational hazard?</p>
<p><strong>We’ve known about hazardous dust at work for centuries</strong></p>
<p>Centuries ago, we recognised dust in mines badly damaged workers’ lungs. In 1713, Italian physician Bernardino Ramazzini <a href="https://www.ajconline.org/article/0002-9149(59)90174-2/pdf" target="_blank">wrote</a> how miners’ bodies:</p>
<p>[…] are badly affected, the lungs especially since they take in with the air mineral spirits.</p>
<p><a href="https://onlinelibrary.wiley.com/doi/full/10.1002/ajim.22528" target="_blank">More evidence</a> led to a 1930 conference in South Africa agreeing the lung disease silicosis was caused by silica dust. A few years later, the International Labour Organisation included silicosis in a list of diseases workers could be compensated for.</p>
<p>Control measures to reduce the risk of silicosis were well-recognised even in the mid-1930s; <a href="https://www.propertyobserver.com.au/https://www.amazon.com/Hawks-Nest-Incident-Americas-Industrial/dp/0300035225" target="_blank">lawsuits were filed</a> against the Union Carbide company for not protecting construction workers.</p>
<p>At that time, breathing protection was fairly basic. But in the decades since then, <a href="https://www.safeworkaustralia.gov.au/silica" target="_blank">we established</a> that any activity generating silica dust (such as cutting, blasting or grinding concrete or rock) needed water spray systems, extraction fans and respirators.</p>
<p><strong>The dangers of cutting engineered stone</strong></p>
<p>So how, in a country like Australia, do we suddenly see young workers dying of this completely preventable disease?</p>
<p>The cases seem to be arising from cutting artificial stone. This can contain up to 95% silica, <a href="https://www.worksafe.qld.gov.au/injury-prevention-safety/alerts/whsq/2018/prevent-exposure-to-silica-for-engineered-stone-benchtop-workers" target="_blank">compared with</a> less than 40% silica in natural stone.</p>
<p>Cutting artificial stone has emerged as a major hazard. <a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2019-09-16/silicosis-surge-prompts-call-for-ban-on-engineered-stone-product/11516138" target="_blank">The ABC reports</a> there have been 260 cases of silicosis in Australia, mostly in Queensland.</p>
<p>And there are likely to be more cases developing. <a href="https://www.commerce.wa.gov.au/announcements/spotlight-silica-proactive-inspection-program" target="_blank">Regulators’</a> <a href="https://www.finance.nsw.gov.au/about-us/media-releases/nation-leading-program-fight-silicosis-0" target="_blank">responses</a> — proactively inspecting workplaces to see if they comply with safe work practices and issuing prohibition notices and fines to individual workplaces if not — are very welcome.</p>
<p>But these responses come too late for those hundreds of young workers who have lost their health, some of whom may die without a lung transplant.</p>
<p><strong>What can we learn from asbestos?</strong></p>
<p>We have been here before. Asbestos mining and manufacturing and the importation of asbestos products into Australia started in the 1880s. Over the next century, it developed into a major industry, peaking in the decades after the second world war.</p>
<p>Over the same time, medical knowledge about the diseases caused by asbestos was growing. The first recorded case of asbestosis (a progressive lung disease) was <a href="https://www.propertyobserver.com.au/https://catalog.hathitrust.org/Record/100760626" target="_blank">described in London in 1906</a> (although, reports of ill health in asbestos workers had been reported <a href="https://www.propertyobserver.com.au/https://catalog.hathitrust.org/Record/002130771" target="_blank">from as early as 1899</a>).</p>
<p>In 1928 the Journal of the American Medical Association <a href="https://www.propertyobserver.com.au/https://jamanetwork.com/journals/jama/article-abstract/253232" target="_blank">published an editorial</a> on asbestosis. And, in Australia from 1945, standards for exposure to asbestos <a href="https://publishing.monash.edu/books/aa-9781925835618" target="_blank">were introduced</a> as controlling dust levels was thought the best way to prevent disease.</p>
<p>If Australia had stopped the use of asbestos in 1928, the ill health and death associated with asbestos would not be at levels we’ve seen since.</p>
<p>Instead, <a href="https://www.safeworkaustralia.gov.au/system/files/documents/1702/literaturereview_airborneasbestosfibres_2008_pdf.pdf" target="_blank">Australia only stopped using</a> blue asbestos (the most carcinogenic form) in the late 1960s, brown asbestos (the next most carcinogenic) in the 1980s, and all asbestos in 2003.</p>
<p>By 2020, there will have been an estimated <a href="https://onlinelibrary.wiley.com/doi/abs/10.1002/ajim.10047" target="_blank">18,000 cases of mesothelioma</a>, <a href="https://www.nature.com/articles/bjc2011563" target="_blank">108,000 cases of lung cancer</a> and <a href="https://www.safeworkaustralia.gov.au/doc/asbestos-related-disease-indicators-2014" target="_blank">an unknown</a> but substantial number of cases of asbestosis in Australia.</p>
<p><strong>How best to protect workers?</strong></p>
<p>The standard response to the silicosis epidemic is that workers should use control measures and personal protection. However, there is <a href="https://www.propertyobserver.com.au/https://academic.oup.com/annweh/article/59/1/122/2464381" target="_blank">increasing</a> <a href="https://oeh.tandfonline.com/doi/abs/10.1080/15459624.2013.789706" target="_blank">evidence</a> dust control measures do not reduce the levels of silica to non-hazardous levels.</p>
<p>Many companies also use a mixture of dry and wet cutting, particularly when installing the products. As with asbestos, there simply is no way to safely use this material.</p>
<p>We need to go back to the basics of occupational health — <a href="https://en.wikipedia.org/wiki/Hierarchy_of_hazard_controls" target="_blank">the hierarchy of control</a>. This means, if there is a hazard, we first see if we can eliminate it by banning the dangerous product.</p>
<p>This basic principle, taught to all occupational health and safety professionals, seems to have been forgotten for silica. For example, SafeWork Australia does not mention elimination in its online information on controlling <a href="https://www.safeworkaustralia.gov.au/silica">silica</a>, although it does mention substitution with products containing lower levels of silica.</p>
<p>The <a href="https://www.breathefreelyaustralia.org.au/" target="_blank">Breathe Freely Australia</a> public health campaign, <a href="https://www.breathefreelyaustralia.org.au/wp-content/uploads/2019/10/bf-cmt-Hiearchy-of-Control.pdf" target="_blank">notes</a> elimination:</p>
<p>is the preferred method of control as it completely eliminates the hazard, but unfortunately it is not often feasible.</p>
<p><strong>Yes, a ban is feasible</strong></p>
<p>We argue it is feasible to ban artificial stone, which is not made in Australia but imported. There are many alternatives, such as natural stone, or <a href="https://www.bettastone.com.au/" target="_blank">Betta Stone</a> made from recycled glass.</p>
<p>The National Dust Disease Taskforce is <a href="https://consultations.health.gov.au/ohp-regulatory-policy-branch/national-dust-disease-taskforce/" target="_blank">taking submissions</a> until November 11, 2019.</p>
<p><em>We suggest:</em></p>
<p>1. A total ban on importing, making and using engineered stone with a crystalline silica content of more than 80%</p>
<p>2. Immediate regulation (in every jurisdiction) banning dry cutting, grinding or polishing of all artificial stone</p>
<p>3. A reduction of the workplace exposure standard for respiratory crystalline silica to half current levels by January 2020 (from 0.10mg/m³ to 0.05mg/m³). Disappointingly, a recent SafeWork Australia meeting rejected the opportunity to reduce the level to 0.02mg/m³.</p>
<p>It took 70 years for Australia to ban all forms of asbestos. We need to learn from that disaster and immediately ban artificial stone. We just can’t continue to let young Australian workers die just so we can have cheap, fashionable kitchens.<img src="https://counter.theconversation.com/content/126489/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1"></p>
<p><a href="https://theconversation.com/profiles/lin-fritschi-7113" target="_blank">Lin Fritschi</a>, Professor of Epidemiology, <a href="http://theconversation.com/institutions/curtin-university-873" target="_blank">Curtin University</a> and <a href="https://theconversation.com/profiles/alison-reid-344386" target="_blank">Alison Reid</a>, Associate Professor, Epidemiology and Biostatistics, <a href="http://theconversation.com/institutions/curtin-university-873" target="_blank">Curtin University</a></p>
<p>This article is republished from <a href="http://theconversation.com" target="_blank">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/engineered-stone-benchtops-are-killing-our-tradies-heres-why-a-bans-the-only-answer-126489" target="_blank">original article</a>.</p>
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Engineered stone benchtops are killing our tradies. Here’s why a ban’s the only answer

<p>The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.</p>

<p>Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.</p>

<p>The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.</p>

<p>The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.</p>

<p>Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.</p>

<p>The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.</p>

<p>The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.</p>

<p>Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.</p>

<p>Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.</p>

<p data-end="345" data-start="110">The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.</p>

<p data-end="689" data-start="347">Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.</p>

<p data-end="689" data-start="347">Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.</p>


Joel Robinson

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

<p>Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.</p>

<p>The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.</p>

<p>The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.</p>

<p>Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.</p>

<p>The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.</p>

<p><img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" /></p>

<p>SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.</p>

<p>“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.</p>

<p>The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.</p>

<p>“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.</p>

<p><img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" /></p>

<p>The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.</p>

<p>Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.</p>

<p>The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.</p>

<p>COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.</p>

<p><img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" /></p>

<p>“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.</p>

<p>The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.</p>

<p>The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.</p>

<p>Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.</p>

<p><em>Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a></em></p>


First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<p><a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.</p>

<p>The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.</p>

<p>The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.</p>

<p><img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" /></p>

<p>Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.</p>

<p>SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”</p>

<p>The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.</p>

<p><img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" /></p>

<p>The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.</p>

<p>A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.</p>

<p>Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.</p>

<p><img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" /></p>

<p>The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.</p>

<p>Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.</p>

<p>The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.</p>


First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

<p>Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;</p>

<p>Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;</p>

<p>The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;</p>

<p>The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;</p>

<p>Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;</p>

<p>Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;</p>

<p>“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;</p>

<p>“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."</p>

<p>Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;</p>

<p>"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;</p>


Bottega House secures landmark riverfront site in St Lucia 

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<p data-end="157" data-start="0">The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.</p>

<p data-end="459" data-start="159"><a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.</p>

<p data-end="459" data-start="159">[smartcode_project:default project_id=112661 project_image_fid=359603]</p>

<p data-end="651" data-start="461"><a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.</p>

<p data-end="950" data-start="653">Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.</p>

<p data-end="1081" data-start="952">“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.</p>

<p data-end="1081" data-start="952">[smartcode_project:default project_id=112661 project_image_fid=355935]</p>

<p data-end="1307" data-start="1083">Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.</p>

<p data-end="1522" data-start="1309">The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.</p>

<p data-end="1522" data-start="1309">[smartcode_project:default project_id=112661 project_image_fid=361052]</p>

<p data-end="1714" data-start="1524">Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.</p>

<p data-end="1945" data-start="1716">The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.</p>

<p data-end="1945" data-start="1716">[smartcode_project:default project_id=112661 project_image_fid=359607]</p>

<p data-end="2220" data-is-last-node="" data-is-only-node="" data-start="1947">More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.</p>
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<p>[smartcode_project_cta:default project_id=112661]</p>


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