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GUEST OBSERVATION
The most obvious reason for wage stagnation is the decline in unionisation over the past three decades. But you won’t hear that from government economists. 
Wages growth for Australian workers is among the worst in the industrialised world. For more than <a href="https://www.rba.gov.au/publications/bulletin/2019/jun/pdf/wages-growth-by-pay-setting-method.pdf" target="_blank">a third</a> of workers on individual contracts, wages aren’t growing at all.
This is odd, given Australia is in a “<a href="/news">record</a>” 28th year of economic growth with apparently <a href="/news">low unemployment</a> and a supposedly <a href="http://ministers.treasury.gov.au/ministers/josh-frydenberg-2018/speeches/budget-speech-2019-20" target="_blank">strong economy</a>.
Government economists have floated a range of reasons, from blaming workers not changing jobs enough to caps on public-service salaries. But the most obvious factor is the loss of worker power due to the decline in unionisation over the past three decades.
<a href="https://images.theconversation.com/files/288130/original/file-20190815-136208-8bizez.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/288130/original/file-20190815-136208-8bizez.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a> 
Looking for alternative answers
Low wage growth is a problem in most industrialised countries, but since 2013 Australia’s nominal wage growth has been less than half the OECD average, <a href="https://www.adelaide.edu.au/press/titles/wages-crisis" target="_blank">according to Jim Stanford</a> at the Australia Institute’s Centre for Future Work.
Last year Stanford co-edited a book on <a href="https://www.adelaide.edu.au/press/titles/wages-crisis" target="_blank">the wages crisis in Australia</a>, to which I contributed. In the book’s third chapter, <a href="https://theconversation.com/profiles/stephen-kinsella-420480" target="_blank">Stephen Kinsella</a> and John Howe declare “the erosion of workers’ rights is the most consequential, and actionable, factor behind the stagnation of wages in Australia”.
<a href="https://images.theconversation.com/files/291398/original/file-20190909-175714-1v8zsnh.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/291398/original/file-20190909-175714-1v8zsnh.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Percentage of workforce covered by collective agreements. OECD Database on Union Coverage
But some government economists seem to be struggling to recognise this.
In July, a deputy secretary of Treasury instead pointed to the problem of workers not <a href="https://www.themandarin.com.au/111952-whats-driving-low-wages-growth-in-australia/" target="_blank">switching jobs enough</a> as warranting “further attention”.
It was as if, somehow, workers had collectively but separately decided not to apply for higher paying jobs, and this was a cause rather than an effect of lower worker power.
Last month the Reserve Bank governor, Philip Lowe, told the House of Representatives Standing Committee on Economics that <a href="https://www.rba.gov.au/speeches/2019/sp-gov-2019-08-09" target="_blank">caps on public-sector wage increases</a> were part of the problem. This suggests the bank recognises there is an institutional element to the issue, though low wage growth is not just a public-sector problem.
Reserve blank
In April, the Reserve Bank <a href="https://www.rba.gov.au/publications/confs/2019/" target="_blank">held a conference</a> on low wages growth.
One of the papers, by staff in the Reserve Bank’s Economic Research Department, <a href="https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-02.pdf" target="_blank">found</a> that union membership declines “are unlikely to account for much of the recent low wages growth”.
This finding was odd, because for decades economists have been <a href="https://www.propertyobserver.com.au/https://journals.sagepub.com/doi/abs/10.1177/001979398203500306" target="_blank">writing about</a> how <a href="https://www.jstor.org/stable/pdf/1803398.pdf?refreqid=excelsior%3A5929b5c17d3b431fedbb6fe8909fdc00" target="_blank">unions have raised wages</a>, and how union decline is a factor in <a href="https://www.propertyobserver.com.au/https://journals.sagepub.com/doi/full/10.1177/0003122411414817" target="_blank">rising inequality</a>.
In the past, Reserve Bank officials have complained that unions were too effective. In 1997, for example, the bank’s deputy governor worried about there being “<a href="https://www.rba.gov.au/speeches/1997/sp-dg-050997" target="_blank">excessive wage demands</a>”.
The paper from the bank’s Economic Research Department is based on analysing statistics from the federal government’s Workplace Agreements Database. It’s a very good database, but it does not contain data on union density (membership as a proportion of employment). So it cannot be used to test if declining union density is affecting wage outcomes.
Union density is <a href="https://www.jstor.org/stable/pdf/2296441.pdf?refreqid=excelsior%3A9304cd89d9549e806cbf33cc19465ec" target="_blank">far from being</a> a perfect measure of union power, but it is better than the proxies the paper uses.
In lieu of considering union density, the paper bases its conclusion on finding there has been no decline in the share of enterprise agreements negotiated with union involvement. It also finds wages in union agreements have continued to grow faster than wages in non-union agreements.
Neither of these findings proves wage stagnation is unconnected to declining union density. They only show that employees have even less bargaining power when they aren’t unionised.
We need stronger evidence than this to overturn decades of research showing unions raised wages.
Labour market monopsony
That said, the decline in union density is not the only issue. Changes to industrial relations laws have also made it harder for unions to obtain wage increases. Modelling the effects of such things is even harder for economists.
Research overseas points to local labour markets being <a href="https://www.nber.org/papers/w23108.pdf" target="_blank">increasingly dominated</a> by a small number of employers. The US National Bureau of Economic Research suggests wages in more concentrated labour markets are <a href="https://www.nber.org/papers/w24147.pdf" target="_blank">17% lower</a> than wages in less concentrated labour markets.
Tacit or explicit agreements between employers to not poach workers, and “non-compete” clauses being forced on even <a href="https://www.theamericanconservative.com/articles/the-case-against-non-competes/">low-skilled workers</a>, also shift power from employees to employers.
As the late Princeton University economist Alan Krueger <a href="https://www.kansascityfed.org/%7E/media/files/publicat/sympos/2018/papersandhandouts/824180824kruegerremarks.pdf?la=en" target="_blank">pointed out last year</a>, monopsony power – the power of buyers (employers) when there are only a few – has probably always existed in labour markets “but the forces that traditionally counterbalanced monopsony power and boosted worker bargaining power have eroded in recent decades”.
So yes, there are a number of reasons why workers have less power, and why wages growth is weaker, than in the past. Among them, though, we cannot ignore the critical fall in union bargaining power.<img src="https://counter.theconversation.com/content/122041/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;">
David Peetz, Professor of Employment Relations, Centre for Work, Organisation and Wellbeing, Griffith University.
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/theres-an-obvious-reason-wages-arent-growing-but-you-wont-hear-it-from-treasury-or-the-reserve-bank-122041" target="_blank">original article</a>.
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j.ballantyne1990-6AQqhLzZaK

There’s an obvious reason wages aren’t growing, but you won’t hear it from Treasury or the Reserve Bank: David Peetz

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GUEST OBSERVATION
During a heatwave in late 2018, Cairns temperatures topped 35°C nine days in a row and sensors at some points in the CBD recorded 45°C. <a href="https://theconversation.com/profiles/taha-chaiechi-106267"> </a>
Some <a href="https://www.un.org/en/ecosoc/integration/pdf/fact_sheet.pdf" target="_blank">60% of the planet’s expected urban area by 2030</a> is yet to be built. This forecast highlights how rapidly the world’s people are becoming urban. Cities now occupy about 2% of the world’s land area, but are home to about <a href="/news">55% of the world’s people</a> and generate more than <a href="http://nua.unhabitat.org/details1.asp?ProjectId=33&amp;ln=1" target="_blank">70% of global GDP</a>, plus the associated <a href="https://www.un.org/en/climatechange/cities-pollution.shtml" target="_blank">greenhouse gas emissions</a>.
So what does this mean for people who live in the tropical zones, where <a href="https://www.sciencemag.org/news/2014/06/expanding-tropics-will-play-greater-global-role-report-predicts" target="_blank">40% of the world’s population lives</a>? On current trends, this figure will rise to 50% by 2050. With <a href="https://sustainabledevelopment.un.org/content/documents/974736_Ziembicki%20et%20al._Implications%20of%20an%20expanding%20and%20intensifying%20tropical%20zone%20for%20the%20sustainable%20development%20agenda.pdf" target="_blank">tropical economies growing some 20% faster</a> than the rest of the world, the result is a swift expansion of tropical cities.
<a href="https://images.theconversation.com/files/290236/original/file-20190830-115397-n616fu.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/290236/original/file-20190830-115397-n616fu.PNG?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Population and number of cities of the world, by size class, 1990, 2018 and 2030. 
The populations of these growing tropical cities already experience high temperatures made worse by high humidity. This means they are highly vulnerable to extreme heat events as a result of climate change.
For example, extremely hot weather overwhelmed Cairns last summer. By December 3 2018, the city had recorded temperatures above 35°C nine days in a row. Four consecutive days were above 40°C.
<img src="https://images.theconversation.com/files/289316/original/file-20190825-170935-9uanh3.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt="">
Cairns’ heatwave summer. Authors, using BOM temperature data
For our research, temperature and humidity sensors were strategically placed in the Cairns CBD to represent people’s experience of weather at street level. These recorded temperatures consistently higher than the Bureau of Meteorology (BoM) recordings, reaching 45°C at some points.
<a href="https://images.theconversation.com/files/291224/original/file-20190906-175682-1p2r1by.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/291224/original/file-20190906-175682-1p2r1by.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Highest temperatures recorded by James Cook University weather data sensors during the November-December 2018 heatwave in Cairns. Image: Bronson Philippa, Author provided
Local effects magnify heatwave impacts
Urban environments in general are hotter than non-urbanised surroundings that are covered by vegetation. The trapping of heat in cities, known as the <a href="https://www.nationalgeographic.org/encyclopedia/urban-heat-island/" target="_blank">urban heat island</a> effect, has impacts on human health, animal life, social events, tourism, water availability and business performance.
The urban heat island effect intensifies the impacts of increasing heatwaves on cities as a result of climate change.
<a href="https://images.theconversation.com/files/291226/original/file-20190906-175678-la15cl.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/291226/original/file-20190906-175678-la15cl.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Projections of increased heatwave frequency for Cairns region using visualisation platform on Queensland Future Climate Dashboard.<a class="source" href="https://app.longpaddock.qld.gov.au/dashboard/#responseTab2"> </a>
But it is important to remember that other local factors also influence these impacts. These include the scale, shape, materials, composition and growth of the built environment in a particular location and its surrounding areas.
The differences between the BoM data recorded at Cairns airport and the inner-city recordings show the impacts of urban expansion patterns, built form and choice of materials in tropical cities.
The linear layout of Cairns has, on one hand, enabled the formation of attractive places for commercial activities. As these activity centres evolve into focal points of urban life, they in turn influence all sorts of socioeconomic parameters.
On the other hand, the form the built environment takes changes the patterns of wind, sun and shade. These changes alter the urban <a href="https://theconversation.com/city-temperatures-and-city-economics-a-hidden-relationship-between-sun-and-wind-and-profits-116064" target="_blank">microclimate</a> by trapping heat and slowing or channelling air movements.
<img src="https://images.theconversation.com/files/289318/original/file-20190825-170910-sjsrqt.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt="">
The layout and structures of Cairns CBD alter local microclimates by trapping heat and altering air flows.
Shifting the focus to the tropics
To date, a large body of research has explored the undesired consequences of climate change and urban heat islands. However, the focus has been on capital and metropolitan cities with <a href="https://link.springer.com/article/10.1007/s00704-015-1703-8" target="_blank">humid continental climates</a>. Not many studies have looked at the economic and social impacts in the tropical context, where hot and humid conditions create extra heat stress.
Add the combined effects of climate change and urban heat islands and what are the socio-economic consequences of heatwaves in a tropical city like Cairns? We see that climate change adds another dimension to the relationship between cities, economic growth and development.
This presents a huge opportunity to start thinking about building cities that are not superficially greenwashed, but which instead tackle pressing issues such as climate variability and create sustainable business and social destinations.
In cold climates, heatwaves and urban heat islands are not necessarily undesired, but their negative impacts are more obvious and harmful in warmer climates. And these harmful impacts of heatwaves on our economy, environment and society are on the rise.
We have scientific evidence of the increasing length, frequency and intensity of heatwaves. The number of record hot days in Australia has <a href="https://www.climatecouncil.org.au/uploads/9901f6614a2cac7b2b888f55b4dff9cc.pdf" target="_blank">doubled in the past five decades</a>.
<img src="https://images.theconversation.com/files/289313/original/file-20190825-170956-trlr9q.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt="">
Projections of changes in heatwave frequency for northern Queensland in 2030 and 2070. <a class="source" href="https://app.longpaddock.qld.gov.au/dashboard/#responseTab2" target="_blank">Queensland Future Climate Dashboard/Queensland Government</a>, <a class="license" href="http://creativecommons.org/licenses/by/4.0/" target="_blank">CC BY</a>
What are the costs of heatwaves?
Increased exposure to heatwaves amplifies the adverse economic impacts on industries that are reliant on the health of their outdoor workers. This is in addition to the extreme heat-related fatalities and health-care costs of heatwave-related medical emergencies. As a <a href="https://www.nccarf.edu.au/localgov/resources/protecting-human-health-and-safety-during-severe-and-extreme-heat-events-national" target="_blank">PwC report to the Commonwealth</a> on extreme heat events stated:
Heatwaves kill more Australians than any other natural disaster. They have received far less public attention than cyclones, floods or bushfires — they are private, silent deaths, which only hit the media when morgues reach capacity or infrastructure fails.
Heat also has direct impacts on economic production. A <a href="https://www.researchgate.net/publication/45660010_Temperatures_and_cyclones_strongly_associated_with_economic_production_in_the_Caribbean_and_Central_America" target="_blank">2010 study</a> found a 1°C increase resulted in a 2.4% reduction in non-agricultural production and a 0.1% reduction in agricultural production in 28 Caribbean-basin countries. Another <a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2099798" target="_blank">study in 2012</a> found an 8% weekly loss of production when the temperature exceeded 32°C for six days in a row.
The 2017 <a href="http://www.agriculture.gov.au/abares/research-topics/climate/farm-performance-climate" target="_blank">Farm performance and climate</a> report by the <a href="http://www.agriculture.gov.au/abares" target="_blank">Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES)</a> states:
"The recent changes in climate have had a significant negative effect on the productivity of Australian cropping farms, particularly in southwestern Australia and southeastern Australia."
<a href="https://images.theconversation.com/files/291232/original/file-20190906-175682-1k3i4mj.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/291232/original/file-20190906-175682-1k3i4mj.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a> 
Average climate effect on productivity of cropping farms in southwestern and southeastern Australia since 2000–01 (relative to average conditions from 1914–15 to 2014–15). <a class="source" href="http://www.agriculture.gov.au/abares/research-topics/climate/farm-performance-climate" target="_blank">Farm performance and climate, ABARES</a>, <a class="license" href="http://creativecommons.org/licenses/by/4.0/" target="_blank">CC BY</a>
It’s not just farming that is vulnerable. A <a href="/news">Victorian government report</a> report this year estimated an extreme heatwave event costs the state’s construction sector A$103 million. The impact of heatwaves on the city of Melbourne’s economy is estimated at A$52.9 million a year on average.
<a href="https://images.theconversation.com/files/290239/original/file-20190830-115391-128cd7z.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/290239/original/file-20190830-115391-128cd7z.PNG?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Impacts of heatwaves on Victoria’s main economic sectors. <a class="source" href="/news" target="_blank">State of Victoria Department of Environment, Land, Water and Planning</a>, <a class="license" href="http://creativecommons.org/licenses/by/4.0/" target="_blank">CC BY</a>
According to this report, economic costs increase exponentially as the severity of heatwaves increases. This has obvious implications for cities in tropical regions.
As the next step in <a href="https://www.researchgate.net/project/Evidence-based-Economic-Assessment-of-Urban-Comfort" target="_blank">our research</a>, we are examining the relationship between local urban features, urban heat islands, the resulting city temperatures and their direct and indirect (spillover) effects on local and regional economic activities.
Taha Chaiechi, Senior Lecturer, James Cook University
Silvia Tavares, Lecturer in Urban Design, James Cook University 
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/urban-growth-heat-islands-humidity-climate-change-the-costs-multiply-in-tropical-cities-120825" target="_blank">original article</a>.
<img src="https://counter.theconversation.com/content/120825/count.gif?distributor=republish-lightbox-advanced" 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;">
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Urban growth, heat islands, humidity, climate change: the costs multiply in tropical cities: James Cook University

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GUEST OBSERVATION
In Stephen King’s Pet Sematary, caretaker Jud Crandall warns against burying bodies in the old Indian burial ground. “They don’t come back the same,” the old man drawls, with a mix of desperation and horror in his voice.
If only television executives heeded this same advice.
Around the globe, recent reboots of some long loved, long dead, television programs highlight the unimaginative strategies studios are employing to out-manoeuvre each other in the race for higher ratings. Hitting our screens again of late have been the exhumed corpses of Beverly Hills 90210, Twin Peaks, Arrested Development, X-Files, Will &amp; Grace and Roseanne, among others.
<img src="https://images.theconversation.com/files/291409/original/file-20190909-175682-18cj1qf.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt="">
The revival of Beverly Hills 90210has nothing on the original’s hair styles. (Source: Fox)
I’ve dubbed this “Zombie TV”. It’s the type that could have only been created by television programmers adhering to The Simpsons adage: “<a href="https://www.youtube.com/watch?v=lOTyUfOHgas" target="_blank">We’ve tried nothing and we’re all out of ideas</a>”.
Zombie reboots are old shows with the same cast and same locations. It’s like we’ve all just hitched a ride in <a href="https://www.imdb.com/title/tt0088763/?ref_=fn_al_tt_1" target="_blank">Doc Brown’s DeLorean</a> and teleported 20 years into the future. The latest Australian example is the beloved Seachange.
Not much of a sea change
Originally on the ABC but now switched to Nine, this raising from the dead takes place 20 years after the original – but things don’t seem to have developed much for our characters in the years since.
Laura Gibson (Sigrid Thornton) is still dispensing her own brand of justice, Bob Jelly (John Howard) is still on the scrounge, and Heather Jelly (Kerry Armstrong) is still off with the pixies.
The underlying problem here is that a Channel Nine audience is very different to an ABC one – not least of all in age. The <a href="https://tvtonight.com.au/2016/11/the-average-age-of-tv-viewers" target="_blank">average age</a> of an ABC viewer is 66; the average age of the Nine viewer is a sprightly 50.
Watching this reboot, it feels like writer Deb Cox has reacted to this audience change by writing in a much more light and flippant (if that’s possible) tone.
The comic aspects are at the fore while the drama (or melodrama) has been downplayed. Every scene has a comedic touch to it, so much so that the characters are more caricatures of their former selves. The brooding and at times poignant scenes of the original, such as Laura’s romances with Diver Dan (David Wenham) and Max Connors (William McInnes) have little place at Pearl Bay now – unless each ends with slapstick.
<img src="https://images.theconversation.com/files/291417/original/file-20190909-175710-zsef9j.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt="">
Photo: Nine
But the main issue is that what was fresh and relevant in 1998 isn’t in 2019.
Times have changed
Twenty years ago, many dreamed of escaping the city commute and chaos for the peaceful surrounds of a small town by the water. But high unemployment, sky-rocketing ocean view house prices, limited educational opportunities and reduced entertainment options have <a href="https://www.canberratimes.com.au/story/6016548/city-congestion-and-rural-population-decline/?cs=14246" target="_blank">taken the gloss off small-town living.</a>
Many of those who made the change previously <a href="https://www.smh.com.au/lifestyle/when-a-sea-change-goes-wrong-20071129-gdrpci" target="_blank">are now returning</a> to the cities for these exact reasons.
So what is the place of a Seachange reboot after the zeitgeist has passed?
Seachange always hooked itself on the one premise that life away from the cities was so much better. Everything else in it was pretty much (beloved) stock standard melodrama, and the reboot hasn’t shifted to reflect current societal issues. Without that hook is the attraction of the show just another nostalgia kick?
Mass grave robbery
Seachange, so far, seems unlikely to achieve the ratings success it is chasing. It premiered as the highest rating drama of 2019 with <a href="https://mumbrella.com.au/seachange-reboot-premieres-to-787000-metro-viewers-to-become-highest-rating-drama-of-the-year-592470" target="_blank">787,000 metro viewers</a>. By week two, <a href="https://mumbrella.com.au/seachange-dips-to-533000-metro-viewers-for-second-outing-fails-to-bring-nine-a-tuesday-night-win-593436" target="_blank">a third</a> of those viewers had been lost.
But it could still lead to mass grave robbery of Australian television programming. For television executives Zombie TV is a very enticing prospect. Australian networks need to abide by <a href="https://www.screenaustralia.gov.au/fact-finders/television/industry-trends/content-regulation" target="_blank">strict quotas on new drama</a>, and original TV drama is risky – if it doesn’t work, heads can roll.
Bringing back an old, popular show, carries less risk – people tune in for nostalgia’s sake, at the very least. And, if it fails after that? Then the execs can claim, “It was huge 20 years ago, who knew it wouldn’t be now?” The failure is disowned.
Zombies have their origins in the <a href="https://mysteriousuniverse.org/2014/08/the-mysterious-real-zombies-of-haiti/" target="_blank">voodoo religion of Haiti</a>, where corpses were believed to be revived by black magic, becoming mindless creatures, or for slave labour or to carry out curses tormenting the living.
Maybe TV executives need to keep that in mind, too.<img src="https://counter.theconversation.com/content/123162/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;">
Daryl Sparkes, Senior Lecturer (Media Studies and Production), University of Southern Queensland.
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/the-new-seachange-is-a-sad-case-of-zombie-tv-when-your-favourite-programs-come-back-from-the-dead-123162" target="_blank">original article</a>.
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The new Seachange is a sad case of Zombie TV: when your favourite programs come back from the dead: Daryl Sparkes

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The Melbourne-based Impact Investment Group has decided to offload the Beach Hotel in Byron Bay.
JLL Hotels &amp; Hospitality Group has been exclusively appointed with expectations of a $100 million plus sale.
The ‘Beachie’, as it is often referred to, was built in the 1990s by long-time local John Cornell.
Located with over 100 metres frontage overlooking Byron’s Main Beach, the hotel spans a 4,585 sqm area and includes 25 newly-appointed luxury boutique hotel rooms and swimming pool.
<img src="https://www.urban.com.au/images/2019/9/10/Byron%20Bay%20Beach%20Hotel%203.JPG" alt="">
It also features a large pub with extensive beer gardens, restaurant, function spaces and bottle shop.
The business has been owned and run since 2007 by Melbourne restauranteurs and hospitality figures John and Lisa van Haandel.
The opportunity to operate the icon is now available for only the second time since it was built.
<img src="https://www.urban.com.au/images/2019/9/10/Byron%20Bay%20Beach%20Hotel%202.JPG" alt="">
The campaign will be managed by JLL’s National Director John Musca, supported by JLL boutique accommodation specialist Tom Gibson and Queensland Vice-President Tom Gleeson.
National and international expressions of interest will be sought with the process likely to start in October and conclude in November.
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Beach Hotel in Byron Bay listed with $100 million expectations

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The value of home lending saw a jump of over five per cent in new home loans settled in July, according to new ABS data.
Owner-occupiers saw the biggest growth, with a 5.3 per cent increase in value in July.
Investors have continued their come-back into the housing market, with the value of investor loans increasing 4.7 per cent.
First home buyers have continued their slow but steady return to the market, increasing their share of new owner-occupier lending to 29.4 per cent in July, up from 29.3 per cent in June – the highest proportion since January 2012. 
Fixed loans have continued to fall out of favour with borrowers. The proportion of owner-occupiers fixing fell to 10.4 per cent, which is the lowest level since October 2015.
<table border="0" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td nowrap>
Housing finance 
</td>
<td valign="bottom" nowrap> </td>
<td valign="bottom" nowrap> </td>
</tr>
<tr>
<td nowrap> </td>
<td valign="bottom" nowrap> </td>
<td valign="bottom" nowrap> </td>
</tr>
<tr>
<td nowrap>
Value of new loans
</td>
<td valign="bottom">
% change from previous month
</td>
<td valign="bottom">
% change year on year
</td>
</tr>
<tr>
<td nowrap>
Owner occupiers
</td>
<td valign="bottom" nowrap>
5.3%
</td>
<td valign="bottom" nowrap>
-8.3%
</td>
</tr>
<tr>
<td nowrap>
Investors
</td>
<td valign="bottom" nowrap>
4.7%
</td>
<td valign="bottom" nowrap>
-20.4%
</td>
</tr>
<tr>
<td nowrap>
All loans
</td>
<td valign="bottom" nowrap>
5.1%
</td>
<td valign="bottom" nowrap>
-11.8%
</td>
</tr>
</tbody></table>
Overall lending jumped 14.7% in July, with owner-occupier lending up 16.7% and investor lending up 9.4% month-on-month.
RateCity.com.au research director Sally Tindall said the stars are starting to align for borrowers in the lead up to the spring property season, despite the gloomy economic outlook. 
“Borrowers are feeling buoyed by a combination of plummeting interest rates, tax cuts, more relaxed serviceability measures and clarity around negative gearing,” she said.  
“Interestingly, this is the first month that factors in APRA’s axing of its 7 per cent serviceability floor. It’s likely that part of the bounce can be attributed to this, and we expect it to continue to have a positive effect on the market.
Home loan share 
<table border="0" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="bottom" nowrap> </td>
<td valign="bottom">
Share of loans July 2019
</td>
<td valign="bottom">
Share of loans June 2019
</td>
</tr>
<tr>
<td nowrap>
First home buyer share
</td>
<td valign="bottom" nowrap>
29.4%
</td>
<td valign="bottom" nowrap>
29.3%
</td>
</tr>
<tr>
<td nowrap>
Fixed loan share
</td>
<td valign="bottom" nowrap>
10.4%
</td>
<td valign="bottom" nowrap>
14.1%
</td>
</tr>
</tbody></table>
<img src="https://www.urban.com.au/images/2019/9/9/first%20home%20buyer.png" alt="">
Notes: Based on the share of new owner occupier loans.  
“However, Australians are still on the sidelines when it comes to fixing, despite banks’ best efforts to attract new fixed borrowers onto their books”, she said. 
“It’s not surprising that a lot of Australians are now opting not to fix their home loan ratein this climate when the RBA has made it clear there could be one, if not two more rate cuts to come. 
“There are now dozens of lenders offering fixed rates below 3 per cent and as low as 2.74 per cent, for owner occupiers paying principal and interest, especially if they have a decent amount of equity in their home.”
 
 
 
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Home lending bounces back in the lead up to spring

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McKenzie Cottage, a two bedroom cottage built than a century ago in the heart of Dayboro, Queensland has hit the market. 
It has been listed by Leigh Hutton of Belle Property Samford with over $499,000 hopes.
Situated on a 0.4 hectare elevated block, the original settler's cottage at <a href="https://www.realestate.com.au/property-house-qld-dayboro-131678478" target="_blank">49 McKenzie Street</a> comprises two bedrooms plus a front sleepout, open lounge/dining, kitchen and updated bath.
<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/2019/9/2/dayboro%203.jpg" alt="">
Other features include white-painted interiors with high ceilings throughout, entertainer's deck, and rainforest-like garden.
The property can support livestock, which is rare for land this close to the township, Hutton said. 
<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/2019/9/2/dayboro%202.jpg" alt="">
It has easy access to town amenities, Tullamore Park and playgrounds, and Dayboro State School. 
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Original settler's cottage in Dayboro, Queensland listed 

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A three level residence perched above the sands of North Beach, Western Australia has hit the market.
It has been listed for sale with a price guide of $2,275,000 by Sean and Jenny Hughes from Realmark Coastal. 
The coastal home at <a href="https://www.realestate.com.au/property-house-wa-north+beach-130833102" target="_blank">24 Malcolm Street </a>with oceanic vistas was designed by award wining Chindarsi Architects.
Set on a 500 square metre block, the ground floor of the home comprises north facing facade, foyer style entrance, open plan living area, two bedrooms, alfresco area, salt-water swimming pool and three car garage. 
<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/2019/9/2/north%20beach%202.jpg" alt="">
The first floor offers open plan kitchen, living and dining space, chef's kitchen with Miele appliance, and master suite.
The rooftop comes with roof sheeting and flashings, and mahogany deck. 
<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/2019/9/2/north%20beach%203.jpg" alt="">
Other highlights include HIA award winning laundry, floor to ceiling windows and CBUS satin led switches to main areas.
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Chindarsi Architects designed home in North Beach, WA listed  

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GUEST OBSERVATION
Australians need greater housing diversity to meet their current and future housing needs. Yet increasing diversity, and meeting the need for more smaller dwellings in particular, has proved surprisingly difficult to achieve. Vested interests – both the big end of town and traditionalists seeking to preserve Australians’ suburban way of life – have come together in a rare alliance to argue against policies to deliver more diverse housing.
There are strong demographic drivers of the need for a more diverse range of housing in our cities. Not all current and future households want single standalone houses or multi-storey apartments.
Indeed, <a href="https://grattan.edu.au/wp-content/uploads/2014/04/090_cities_report_housing_market.pdf" target="_blank">three</a> <a href="https://www.propertyobserver.com.au/https://www.mdpi.com/2071-1050/9/10/1718" target="_blank">recent</a> <a href="https://www.sydney.org.au/terraces-before-towers-sydneysiders-want-more-medium-density-housing/" target="_blank">surveys</a> showed city dwellers are looking for housing diversity, particularly smaller houses such as terraces and semi-detached dwellings, in inner and middle suburbs. This demand <a href="https://theconversation.com/lack-of-housing-choice-frustrates-would-be-downsizers-60512" target="_blank">comes from downsizers</a> as well as families. We are seeing a clear <a href="https://www.domain.com.au/advice/the-block-2019-why-owner-occupiers-investors-and-developers-are-embracing-medium-density-%20housing-865240/" target="_blank">recognition of the shortage of this stock</a>.
There is strong community support for providing more housing choice in the areas where people already live. People as they approach retirement overwhelmingly want to stay in the same neighbourhood.
Housing hasn’t kept up with changing needs
From about the 1980s, cities began to respond to the economic, social and environmental consequences of sprawl by <a href="https://theconversation.com/becoming-more-urban-attitudes-to-medium-density-living-are-changing-in-sydney-and-melbourne-84693" target="_blank">promoting more compact urban forms and concentrating high-density housing in selected urban centres</a>. However, new housing in Australian cities has typically been dominated by two categories: freestanding homes and apartments.
Attempts to introduce more diverse housing have <a href="https://www.smh.com.au/national/nsw/terraces-before-towers-sydneysiders-want-more-medium-density-housing-20190118-%20p50s8q" target="_blank">met</a> with <a href="https://architectureau.com/articles/election-promise-to-end-medium-density-housing-code-a-backward-step-institute/" target="_blank">fierce resistance</a> from <a href="/news">home owners in existing low-density suburbs</a>. As a result, cities in Australia have some of the <a href="https://cur.org.au/cms/wp-content/uploads/2018/10/housing-policy-brief.pdf" target="_blank">largest houses and lowest densities</a> in the world.
And just on the horizon is a huge <a href="https://2qean3b1jjd1s87812ool5ji-wpengine.netdna-ssl.com/wp-content/uploads/2018/04/Australia-Population-Map-Generational-Profile_Infographic_McCrindle.pdf" target="_blank">demographic bubble of older Australians</a>, many living in these large detached houses. This means much of our housing stock is likely to be under-used.
Furthermore, lifestyles are changing, including greater workforce participation by women and <a href="http://theconversation.com/australian-city-workers-average-commute-has-blown-out-to-66-minutes-a-day-how-does-yours-compare-120598" target="_blank">ever-increasing commute times</a>. These changes have made smaller, lower-maintenance houses in inner and middle suburbs, with good public transport, very desirable places to live.
The ‘missing middle’ of housing supply
Despite these trends, our bigger cities offer limited variation in housing types. Australians mostly have a choice between single detached houses or high-density apartment living.
Take Sydney as an example. More than half of new homes built in the city are high-rise apartments. In 2018, <a href="https://www.smh.com.au/national/nsw/apartment-oversupply-puts-squeeze-on-rents-20190705-p524cp" target="_blank">30,880 apartments were completed</a> in Sydney, with another <a href="http://www.udiansw.com.au/uploads/docs/Policy_Agenda_2019_20_low_res.pdf" target="_blank">194,000 in the pipeline</a>.
Housing that is neither a freestanding house nor an apartment accounts for only 14% of housing approvals in Sydney. Only 5,390 such homes were approved in 2015-16. This is despite current council zoning and planning controls offering the potential for almost 280,000 of these dwellings.
Dwelling supply from high-density apartments and from greenfield land releases will continue to provide the most significant proportion of future housing requirements.
However, there is a compelling case for an increase in different housing types in established urban areas, especially in middle suburbs developed in post war years.
Between 1919 and 1962, fewer terrace houses were built as they fell out of favour. Homes on quarter-acre blocks were built across Australian cities, aided by the construction of train lines and then the arrival of cars and motorways. Later, when strata title laws were introduced, apartments were increasingly developed.
But this housing legacy no longer meets the needs of large sections of our population, both old and young. The variety of housing supply has not kept pace with changing household needs, particularly as household sizes have shrunk and housing costs have soared.
Singles and couple-only households are increasing, accounting for more than 50% of all household types in some cities. <a href="https://aifs.gov.au/facts-and-figures/households-australia/households-australia-source-data" target="_blank">Average household size has fallen</a> below 2.5 people from more than 3 at the start of the 1990s.
These trends are partly linked to an ageing population. By 2036 the number of the Australian population aged over 60 will have <a href="https://aifs.gov.au/facts-and-figures/households-australia/households-australia-source-data" target="_blank">increased by 56%</a>. More than <a href="https://aifs.gov.au/facts-and-figures/households-australia/households-australia-source-data" target="_blank">one in seven people will be over 65</a>.
The other fast-growing age segment in Australian cities is young people and young families. But, as house prices rise, <a href="https://aifs.gov.au/facts-and-figures/households-australia/households-australia-source-data" target="_blank">home ownership levels for people in the 20-35 age group are falling</a>.
Governments need to challenge vested interests
Housing stock other than multistorey apartments or larger suburban homes will provide more affordable homes for smaller households. Compact, well-designed houses on smaller land parcels are <a href="/news">around 25% more affordable</a> than detached houses (for newer or more recent stock) in the same neighbourhoods.
Yet providing this sort of housing stock still presents considerable challenges. Existing <a href="https://www.thefifthestate.com.au/urbanism/planning/posh-sydney-says-no-to-density-its-a-thing/" target="_blank">owners in middle-ring suburbs are concerned about change and loss of character</a>. Councils face stiff opposition when they try to increase densities and introduce new housing stock.
The opposition often comes from people who have lived in these suburbs for a long time. This opposition is sometimes <a href="https://www.smh.com.au/national/nsw/limited-high-rise-can-halt-sprawl-and-preserve-our-suburbs-character-20190524-p51qzp?btis" target="_blank">supported by the property sector</a>, which perhaps fears this kind of stock <a href="https://www.smh.com.au/national/nsw/how-to-eliminate-nimbys-let-householders-unite-as-developers-20190227-p510kh" target="_blank">could undermine demand for new high-rise apartments</a>.
There are no powerful interest groups advocating for housing diversity because this market, in infill suburbs, is widely dispersed among individual householders.
Oregon has become the first US state to comprehensively bar local governments from imposing exclusive single-family residential zoning, and to open up almost all residential zones to low-density housing stock. The <a href="http://cityobservatory.org/in-oregon-the-middle-isnt-missing-any-more/" target="_blank">Oregon experience</a> shows that, after many years of trying alternative approaches, state government action was required to achieve housing diversity against the arguments of local councils, residents and the property industry. Neighbourhoods with this diversity of housing are now among the state’s most desirable.<img src="https://counter.theconversation.com/content/122390/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1">
Roberta Ryan, Professor, UTS Institute for Public Policy and Governance and UTS Centre for Local Government, University of Technology Sydney.
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/people-want-and-need-more-housing-choice-its-about-time-governments-stood-up-to-deliver-it-122390" target="_blank">original article</a>.
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People want and need more housing choice. It’s about time governments stood up to deliver it

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The latest CoreLogic data shows Perth dwelling prices fell another -0.5% over August, bringing quarterly falls to -1.8% and year on year price falls to -8.8%.
As a result of this latest shift Perth values are now 20.6% down from their June 2014 peak.
Falls in dwelling values were larger across Perth apartments this year with -9.9% falls compared to a -8.6% fall in house values.
Perth's Mandurah has seen the fourth largest overall value decline -35.7% this year.
In July, Domain Economist Trent Wiltshire predicted some Perth price growth in 2020, however he warned there is still an ongoing risk that price falls could continue.
"A more positive outlook for Perth ​has existed for a while, but property prices have continued falling, mortgage arrears​ are rising, and more households are in ​negative equity​," Wiltshire said.
"House and unit prices are expected to bottom out in spring and remain unchanged during the six months to December, with prices likely to stay at the June median of $520,000 for houses and $330,000 for units.
"A rebound in Perth prices in 2020 was expected, but given the entrenched weakness in the market, only modest price growth of 0 to 2% for houses and units was forecast."
<img src="https://www.urban.com.au/images/2019/6/28/Perth%20Forecast.JPG" alt="">
More recently REIWA data showed that listings have increased 6% since the December 2018 quarter to 16,957, however it isn’t helping selling periods. It took an average of 78 days for vendors to sell their properties last quarter.
REIWA data shows that 29% of suburbs in Perth had an increase in rents during the quarter, and 36% of suburbs saw increases over the past year.
President of REIWA Damian Collins recently said: "It’s also worth noting that a significant portion (43%) of Perth sellers are achieving sales prices at or above their original asking price, which suggests that many vendors are heeding the advice of their real estate agent and pricing their properties in line with market expectations."
Herron Todd White found that the residential market in Perth has tracked closely in line with their February predictions for the year (so far).
In their August report, the valuation firm stated: "Our assumptions were that the rental market would continue to be a strong point for Western Australia and that sales volumes and house price growth would remain subdued until 2020.
"There has been a lot of speculation about when the Perth market will finally turn and it doesn’t seem like we are much closer to knowing, mostly due to our split property cycles and diminishing sales volumes.
"Thankfully, the wider Perth area has seen some stability in its median price."
The report noted that according to their data the median house price settled at $500,000 for the March quarter, 0.6% higher than the previous quarter.
The unit median price also remained steady, holding at $380,000.
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Perth prices could finally see a rebound in 2020

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The NSW Government has today followed through on one of its election promises, appointing the State’s very first Fresh Milk and Dairy Advocate. 
Minister for Agriculture Adam Marshall today announced Ian Zandstra would serve as NSW Fresh Milk and Dairy Advocate. 
Marshall said the Advocate would play a key role in helping to grow a stronger, more profitable dairy industry in NSW.  
“I’m absolutely delighted to announce Ian Zandstra will serve as our State’s first Fresh Milk and Dairy Advocate,” Marshall said. 
“Ian has a wealth of experience and is highly regarded across industry so is in a wonderful position to hit the ground running in this important role.  
“The Advocate will champion dairy in NSW by providing advice to both government and industry on how we can better support our producers and create more value across the entire supply chain. 
“There’s no doubt the NSW dairy industry has faced some serious challenges in recent years but I’m confident this role will provide the support our producers need and help ensure NSW remains a fresh milk State.” 
Zanstra said: “I’m absolutely honoured to be appointed to this role and look forward to working with industry and government to build a stronger dairy supply chain in NSW. 
“My first priority is to establish an industry Advisory Panel, which will play a key role in identifying immediate and necessary actions for the sector and shaping advice to the Government.” 
Parliamentary Secretary for Agriculture Michael Johnsen said he looked forward to working with Zanstra to build a stronger, more resilient dairy industry. 
“Mr Zandstra is a champion of industry and his appointment will come as great news to dairy producers across NSW,” Johnsen said.  
The Advocate will help provide a united voice for industry, deliver clear advice to Government and help drive profitability across the industry supply chain. 
They will also assist in the delivery of a Dairy Action Plan and a ‘buy local fresh milk’ campaign. 
 
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Dairy advocate appointed by NSW government

Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

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