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GUEST OBSERVATION
A need to manage waiting lists, rather than ensuring positive outcomes for tenant households, strongly influences social housing policy, <a href="https://www.propertyobserver.com.au/https://www.ahuri.edu.au/research/final-reports/316" target="_blank">newly published research</a> finds. This situation is not only a result of operational policies, but also a shortage of social housing stock that is suitable for tenants and a lack of viable alternatives – namely affordable, safe and secure private housing. Eligible applicants who don’t have a “priority need” can wait up to ten years to be housed. They face strict eligibility checks just to remain on the waiting list.
Since the large-scale <a href="https://www.propertyobserver.com.au/https://www.ahuri.edu.au/research/final-reports/309" target="_blank">post-war expansion to house working-class families</a>, the social housing sector has <a href="https://www.aihw.gov.au/reports/housing-assistance/housing-assistance-in-australia-2018/contents/housing-in-australia" target="_blank">shrunk relative to the rest of the housing system</a>. More than <a href="https://www.aihw.gov.au/reports/housing-assistance/housing-assistance-in-australia-2019/contents/priority-groups-and-wait-lists#pg4" target="_blank">140,000 people</a> are on public housing waiting lists.
Importantly, this figure does not capture <a href="https://www.propertyobserver.com.au/https://www.ahuri.edu.au/research/final-reports/306" target="_blank">unmet demand</a> such as people sleeping rough and very low-income households in housing stress who are not on waiting lists.
Waiting lists also don’t include hidden demand such as people suspended from waiting lists or excluded by their <a href="https://www.homelessnessnsw.org.au/sites/homelessnessnsw/files/2018-12/Path%20to%20Nowhere_0.pdf" target="_blank">visa status</a>.
The supply of social housing stock simply does not match the growing numbers of households experiencing <a href="https://amplify.csi.edu.au/amplify-insights/" target="_blank">housing affordability problems</a>. Between 2011 and 2016, <a href="https://www.launchhousing.org.au/%20australianhomelessnessmonitor/" target="_blank">government spending</a> on social housing fell by 7% from A$1.42 billion to A$1.32 billion. Today, social housing is provided to over <a href="https://www.aihw.gov.au/reports/housing-assistance/housing-assistance-in-australia-2018/contents/housing-in-australia" target="_blank">800,000 tenants in more than 400,000 households</a> – 76% in public housing, 20% in community housing and 4% in Indigenous housing.
The expansion of public housing (delivered by state and territory housing authorities) to community housing and Indigenous housing (delivered by non-profit community organisations and Indigenous organisations) has transformed social housing. Community housing has <a href="https://www.aihw.gov.au/reports/housing-assistance/housing-assistance-in-australia-2019/contents/social-housing-dwellings" target="_blank">increased by 121%</a> between 2008-09 and 2017-18. This growth includes <a href="https://theconversation.com/growth-of-community-housing-may-be-an-illusion-the-cost-shifting-isnt-108598" target="_blank">tenanted stock transfers from public housing</a>.
Against this background, policymakers are <a href="https://www.propertyobserver.com.au/https://www.ahuri.edu.au/research/final-reports/316" target="_blank">increasingly seeking to promote housing “pathways”</a>. Operational housing policies are intended to improve tenant housing and social outcomes (such as well-being and economic participation), but also to manage long waiting lists and make the system more efficient.
These policies shape housing pathways, determining how tenants and households move into, within and out of social housing. But these pathways are also influenced by household relationships and a <a href="https://www.propertyobserver.com.au/https://www.tandfonline.com/doi/abs/10.1080/140360902760385565" target="_blank">household’s changing needs</a>. What a tenant or family need from their housing changes when, for example, relationships break down, new relationships begin, children are born or children leave home.
<a href="/news">Our research</a> sought to better understand the policy context behind housing pathways and their impacts on tenants’ experience.
Getting in
Pathways into social housing begin with application, which is a centralised process in most states and territories (apart from the Northern Territory). Prospective tenants apply once through a single portal, with information shared between government housing departments and community housing providers.
The success of an application depends on a range of eligibility criteria (see Table 1), starting with income and assets. Even if a prospective tenant meets the income criteria, priority is given to people and households with specific or complex needs. What constitutes “specific or complex needs” varies, but generally includes disability, poor physical or mental health, experience of family violence, exiting institutions, or being homeless or at risk of homelessness (the <a href="https://www.aihw.gov.au/reports/housing-assistance/housing-assistance-in-australia-2019/contents/priority-groups-and-wait-lists#pg1" target="_blank">most common pathway into social housing</a>).
Other criteria include citizenship and residence status (including restrictions based on permanent residency/citizen status), age and tenancy history.
<img src="https://images.theconversation.com/files/285804/original/file-20190726-43153-1p9x80p.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt="">
Table 1: Summary of common eligibility criteria. <a class="source" href="https://www.propertyobserver.com.au/https://www.ahuri.edu.au/research/final-reports/316" target="_blank">Source: Powell et al 2019</a>, Author provided
An applicant’s place on the waiting list is continually checked. If an applicant is found to be ineligible, or simply does not respond, they may be suspended or removed from the list.
Staying in
Most states and territories have policies on the eligibility of tenants to continue in public housing. Criteria include income levels, use of the premises, and household change. What criteria are reviewed, and how often, varies widely.
Eligibility reviews mean tenants fear any extra income might result in an end to their tenure or having to make higher rent contributions. This potentially undermines their preparedness to undertake education and training, or take up work opportunities that might lead to greater independence.
Moving within
Policies allow tenants to apply for a transfer if household circumstances have changed. A dwelling might no longer be suitable – for example, as a result of overcrowding or family violence.
In practice, however, supply constraints make this challenging. Policies that transfer public housing properties to community housing providers result in tenants becoming less mobile as moving between public and community housing is not possible.
Landlord-initiated transfers can also occur. For example, property or housing estate renewal might require tenant relocation. A transfer might also be a result of tenant conduct or changes in eligibility status.
Moving out
Exits from social housing may occur when a tenant chooses to move to private housing or is evicted. Eviction may result from issues such as neighbourhood disputes, anti-social behaviour, rental arrears, a lease coming to an end, or changes to eligibility.
Tenants who are no longer eligible for social housing based on their income may also be evicted. These tenants often still have limited capacity to take on and manage a private rental tenancy.
Policy levers to help with moves out of social housing include: selling dwellings to tenants; providing private rent subsidies; rental transition programs; financial planning; and client-based needs planning. Some policies also target private landlords with a goal of increasing housing affordability and therefore pathways out of social housing.
By far the biggest obstacle to moving out of social housing, however, is the lack of affordable housing alternatives.
What this means
While operational policy establishes formal pathways (by setting eligibility criteria and so on), what happens in practice may be different, as service providers can interpret and implement policies in different ways, with different effects for tenants.
Further, what is known about the housing pathways of tenants moving in, within and out of social housing is based on partial evidence. It comes from social housing providers themselves (missing information about events prior to and following occupancy), or from survey research seeking to fill some of the data gaps. Many blind spots exist in the housing pathways evidence base.
Optimal policy development requires clear, up-to-date evidence on how we might understand social housing pathways within a changed housing policy and housing assistance context. We also need to consider what advances in administrative and longitudinal data can tell us about how policy innovation might improve social housing pathways.
Abigail Powell, Associate Professor at the Centre for Social Impact, UNSW
Chris Hartley, Research Fellow (Housing and Homelessness) at the Centre for Social Impact, UNSW
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/focus-on-managing-social-housing-waiting-lists-is-failing-low-income-households-120675" target="_blank">original article</a>.
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j.ballantyne1990-6AQqhLzZaK

Focus on managing social housing waiting lists is failing low-income households: UNSW Academics

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There has been a substantial increase in the number and size of property-related claims by Australian homeowners due to internal water damage, according to a new report published by Chubb Insurance.
Chubb estimates that the average claim from water damage in Australia has increased by 72% in the past five years.
According to the Chubb Insight Report, <a href="http://www.chubb.com/au/get-smart-about-water-leaks" target="_blank">Get Smart about Water Leaks</a>, the average claim from water damage received by Chubb in Australia has increased from A$17,627 in 2014 to A$30,361 in 2018.
In addition, water damage as a percentage of actual household claims is also increasing with 34% of all Chubb claims being due to water damage, compared to 16% for fire and 9% for burglary.
“Australians are increasingly more aware of the damage caused by floods and fire, yet few are prepared for the threat from water damage to their homes,” explains Michelle O’Dowd, Underwriting Manager, Australia &amp; New Zealand, Personal Lines, Chubb.
O’Dowd says that while Australian homeowners commonly focus on protecting their homes against fire and theft through locking devices, alarms systems and smoke detectors, there is far less focus on protecting homes from water damage.
While all Australian homeowners may experience water leaks, Chubb’s research also revealed that those living in Western Australia and Victoria are particularly susceptible.
In fact, homeowners in these states are 20% more likely to make a water damage claim under their Chubb Masterpiece policy than any other homeowner.
“Protecting your home against water damage is as simple as installing one central system to monitor the flow of water across your home or turning off the main water supply at the shut off valve – especially if you’re away for a week or more,” says O’Dowd.
Chubb is the world's largest publicly traded property and casualty insurance company with operations in 54 countries.
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Insurance claims on property water damage increase 72%: Chubb Insurance

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Glen Barra, one of the largest pastoral land holdings in the Tamworth and Armidale region, has been listed for sale.
The 9283 hectare rural holding has been listed by Ruralco.
It is a historic grazing property with a traditionally high carrying capacity and a central location.
Situated on <a href="https://www.commercialrealestate.com.au/property/glen-barra-glen-barra-road-watsons-creek-nsw-2355-2015513373" target="_blank">Glen Barra Road in Watsons Creek</a>, the property is located at the gateway to New England. 
Positioned 74 kilometres north-west of Tamworth, 70 kilometres south-west of Armidale and 37 kilometres east of Manilla, the property consists of granite (approx. 11,000 acres), basalt (approx. 9000 acres) and trap (approx. 3500 acres). 
The timber is comprised of box, kurrajong, iron bark, apple and stringy bark, while the water resources are numerous dams and springs, many recently cleaned out, frontage to New England and Athlone creeks, two electric bores, plus a large feature reconditioned dam behind the homestead. 
<img src="https://www.urban.com.au/images/2019/8/9/Glen%20Barra%201.JPG" alt="">
The four bedroom homestead, originally built in 1870 out of local stone, has been restored over the years to create a comfortable home.
It features high cedar ceilings which compliment the original 40mm thick stringy bark floorboards. 
Other dwellings include a three bedroom managers residence and a two bedroom cottage, both have been recently renovated. 
The listing says the property is for sale because the vendors are looking to retire.
The holding is for sale by expressions of interest closing September 19.
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Glen Barra at Watsons Creek listed for sale

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A fractional property investment platform providing access to US real estate investments, has announced its official global launch.
RealT provides investors, regardless of their location, to become landlords in Detroit.
In the future, RealT plans to include properties from across the United States and the world.
RealT’s platform utilises blockchain technology for property ownership and rental income distribution.
Investors are provided with RealTokens that represent ownership in each property, while rental income is paid daily using USD stablecoins.
Real estate cannot be directly tokenized in the United States, so each of the properties featured on RealT is officially owned by a Series of a Delaware series limited liability corporation (LLC).
RealT issues a specific number of tokens for each Series, which are then made available for purchase by investors.
"Up until now, investing in real estate has been a laborious and expensive process," Rémy Jacobson, CEO of RealT said.
"Entry costs are high, the required documentation is complex and the assets are illiquid.
"The industry is ready for change.
"That’s why we are convinced that now is the time to make it easier for people to invest in US real estate."
Each property has a dedicated property management team that is in charge of the property on behalf of the owners.
Collecting rent, sourcing tenants and managing repairs are all taken care of by the team.
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New investment platform allows Australians to invest in US real estate

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GUEST OBSERVATION
Most new apartments were not designed with families in mind and parents of young children can struggle to make social connections. 
Newer high-rise developments in Australia’s inner-city areas are increasingly home to parents raising young children. In the <a href="https://www.abs.gov.au/ausstats/abs@.nsf/Lookup/by%20Subject/2071.0%7E2016%7EMain%20Features%7EApartment%20Living%7E20" target="_blank">2016 Census</a>, family households represented nearly half of apartment residents. Close to one in ten children aged 0-4 live in apartments in Australia.
<a href="https://www.sciencedirect.com/science/article/pii/S1353829218311572?dgcid=author" target="_blank">Our research</a>, recently published in <a href="https://www.sciencedirect.com/science/article/pii/S1353829218311572?dgcid=author" target="_blank">Health and Place</a>, explored parents’ experiences of raising preschool-aged children in newer, private high-rise apartments. The parents experienced a range of barriers to making social connections both within their developments and with the surrounding community.
This reflects the fact that most newer high-rise dwellings in Australia have been developed for residents without children. Several studies indicate that this leads to <a href="https://www.tandfonline.com/doi/abs/10.1080/08111146.2012.663729" target="_blank">potential issues</a> for families raising children in high-rise settings, including <a href="https://journals.sagepub.com/doi/10.1177/0308518X16645104" target="_blank">social connectedness</a> among older schoolchildren.
Apartment living through parents’ eyes
Our study used <a href="https://www.propertyobserver.com.au/https://www.ncbi.nlm.nih.gov/pubmed/9158980" target="_blank">Photovoice</a> to explore parents’ experiences of raising children in apartments in the City of Yarra, Melbourne. Apartments represent <a href="https://quickstats.censusdata.abs.gov.au/census_services/getproduct/census/2016/quickstat/LGA27350" target="_blank">46% of available housing</a>) in this inner-city municipality. Parents took ten photographs of the positive and challenging aspects of apartment living.
We then used these images to guide both individual and group interviews. Parents recognised that the shared experiences of raising a young child in the City of Yarra fostered social connections, particularly at mothers’ groups and local parks. One parent explained: 
"So this is my mothers’ group … It’s such a great community to have. I mean we’re kind of a close group now and we’ve just spent the last year growing our kids together … there was people from all different walks of life … and the only thing connecting us is just that we had a child in Yarra at the same time …"
<a href="https://images.theconversation.com/files/285922/original/file-20190728-43149-ts7h0p.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/285922/original/file-20190728-43149-ts7h0p.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
The mothers’ group: ‘we’ve just spent the last year growing our kids together’.
But parents felt that space constraints in high-rise developments limited opportunities for play dates between children. The connections parents developed were also lost when other families planned to leave the community, or had already left, in search of larger homes and outdoor space.
The design of developments did not encourage incidental social interaction with neighbours either. One parent captured this in a photograph titled “Hallway of death”.
<a href="https://images.theconversation.com/files/285923/original/file-20190728-43130-1nyypcn.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/285923/original/file-20190728-43130-1nyypcn.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Hallway of death: ‘you cannot stand and have a conversation there’.
"It’s a nothing space, right? … You cannot stand and have a conversation there, you feel weird … cos you’re in the vortex of death … and if it was a nice space we might go out and he could crawl and that might make people stop and maybe we’d get to know the other people living on the floor …"
The closeness of apartments was also problematic. On one hand, parents wanted to connect with their neighbours. On the other hand, they were concerned about overstepping others’ boundaries, particularly when neighbours were often short-term renters without children. One parent’s photograph, “Close proximity but anonymous”, captured this.
<a href="https://images.theconversation.com/files/285924/original/file-20190728-43153-392znk.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/285924/original/file-20190728-43153-392znk.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Close but anonymous: ‘it’s anonymous and there’s a lot of turnover’.
"… despite being so close to each other there is a huge level of anonymity … It would be nice to not feel that we might be being disruptive or people are forming judgments about us based on what they see … And because it’s anonymous and there’s a lot of turnover you never really form relationships with people to know what they’re really thinking, so you second-guess it …
"Everyone wants some privacy and maybe when you’re right on top of each other you feel like you’ve got to guard your privacy, but my preference would be for it to be a little more connected than it is."
Families need social support
Parents of preschool-aged children often experience <a href="https://www.sciencedirect.com/science/article/pii/S1040260812000512?via%3Dihub" target="_blank">changes in their social networks</a> at the same as they feel an <a href="https://www.tandfonline.com/doi/abs/10.1080/08111146.2014.969399" target="_blank">increased need for social support</a>. Connections also need to be <a href="https://journals.sagepub.com/doi/10.1068/a41377" target="_blank">closer to home</a>, due to the “place-anchoring” nature of young children and use of local services.
Not having strong social connections with other parents, whether within their own high-rise development and/or the local community, is therefore a problem. It could lead to feelings of loneliness and isolation. These could, in turn, contribute to <a href="https://www.emerald.com/insight/content/doi/10.1108/HCS-11-2013-0021/full/html" target="_blank">psychosocial and health issues for parents</a> and <a href="https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1468-2397.2006.00575.x" target="_blank">poorer health, well-being and education outcomes for children</a>.
What could help?
Recent <a href="/news">Victorian apartment design guidelines</a> briefly acknowledge the importance of ensuring accessibility for families with young children. However, much more can be done to support families in inner-city high-rise developments. This includes fostering social connections.
Local governments can provide further social events in their communities, create infrastructure in parks and playgrounds to encourage families to gather for longer, and require developers to <a href="https://www.tandfonline.com/doi/full/10.1080/23748834.2018.1483711" target="_blank">adopt more family-friendly design guidelines</a> than currently apply.
Developers could also provide more favourable communal spaces inside dwellings for interaction to occur. Body corporate organisations could encourage longer-term leases that allow for the extended tenure needed for residents to form stronger connections.
Guidelines, including in regards to noise, could also be made more flexible to accommodate the increasing number of families with young children taking up residence.
The study was carried out with <a href="https://theconversation.com/profiles/fiona-andrews-525649">Dr Fiona Andrews</a> from the School of Health and Social Development, Deakin University.<img src="https://counter.theconversation.com/content/120983/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;">
Elyse Warner, Lecturer in Health and Social Sciences, Deakin 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/apartment-life-for-families-means-living-at-close-quarters-but-often-feeling-isolated-too-120983" target="_blank">original article</a>.
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Apartment life for families means living at close quarters, but often feeling isolated too: Elyse Warner

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EXPERT OBSERVATION
Our central forecast is for the Australian economy to expand by 2½ per cent this year and 2¾ per cent over 2020.
The growth forecast for this year has been revised down since we met six months ago, but the forecast for next year is unchanged.
The downward revision this year mainly reflects weak consumption growth.
It has become increasingly clear that the extended period of unusually slow growth in household incomes has been weighing on household spending, as has the adjustment in the housing market.
Given this experience, the outlook for consumption continues to be the main domestic source of forecast uncertainty.
Even so, looking ahead, there are signs the economy may have reached a gentle turning point.
Consistent with this, we are expecting the quarterly GDP growth outcomes to strengthen gradually after a run of disappointing numbers.
This outlook is supported by a number of developments including: lower interest rates, the recent tax cuts, a depreciation of the Australian dollar, a brighter outlook for investment in the resources sector, some stabilisation of the housing market and ongoing high levels of investment in infrastructure.
It is reasonable to expect that, together, these factors will see growth in the Australian economy return to around its trend rate next year.
The major uncertainty continues to be the trade and technology disputes between the United States and China. These disputes pose a significant risk to the global economy. Not only are they disrupting trade flows, but they are also generating considerable uncertainty for many businesses around the world.
Worryingly, this uncertainty is leading to investment plans being postponed or reconsidered. It is also now generating volatility in financial markets and has increased the prospects of monetary easing in many countries. This means that we have a lot riding on these disputes being resolved.
Turning now to the Australian labour market, the unemployment rate, at 5.2 per cent, is a little higher than when we met six months ago. This is despite employment growth having been stronger than we had expected. What has happened is that increased demand for labour has been met with more labour supply, especially by women and older Australians.
Reflecting this, a higher share of the Australian adult population is participating in the labour market than ever before. This is good news. But one side-effect of this flexibility of labour supply is that it is harder to generate a tight labour market and so, in turn, it is harder to generate a material lift in aggregate wages growth.
Looking forward, while some slowing in employment growth is expected, the central scenario is for the unemployment rate to move lower to reach 5 per cent again in 2021. If things evolve in line with this central scenario, it is probable that we will still have spare capacity in the labour market for a while yet, especially taking into account underemployment.
This means that the upward pressure on wages growth over the next couple of years is likely to be only quite modest, and less than we were earlier expecting.
Caps on wages growth in public sectors right across the country are another factor contributing to the subdued wage outcomes. At the aggregate level, my view is that a further pick-up in wages growth is both affordable and desirable.
Turning now to inflation, the June quarter outcome was broadly in line with expectations, after a run of lower-than-expected numbers in earlier quarters. Over the year to June, inflation was 1.6 per cent, in both headline and underlying terms, extending the period over which inflation has been below the 2–3 per cent medium-term target range.
The Reserve Bank Board remains committed to having inflation return to this range, but it is taking longer than earlier expected.
There are a few factors that I would highlight as contributing to the low inflation outcome over the past year.
\These are: the slow growth in wages; the ongoing spare capacity in the economy; various government initiatives to address cost-of-living pressures on households; and the adjustment in the housing market, which has contributed to unusually low increases in rents and declines in the price of building a new home in some cities.
Working in the other direction, the drought and the depreciation of the exchange rate have been pushing some prices up.
Looking ahead, inflation is still expected to pick up, but the date at which it is expected to be back at 2 per cent has been pushed out again. Over 2020, inflation is forecast to be a little under 2 per cent and over 2021 it is expected to be a little above 2 per cent.
These comments were made during the <a href="https://www.rba.gov.au/speeches/2019/sp-gov-2019-08-09" target="_blank">opening statement</a> to the House of Representatives Standing Committee on Economics.
PHILIP LOWE is the current Governor of the RBA
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Australian economy may have reached a gentle turning point: Philip Lowe

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The NSW Government have shortlisted Multiplex and John Holland for the construction of the new Sydney Football Stadium following a blowout with Lendlease last month.
Lendlease was axed for the reconstruction of the stadium shortly after The Australian revealed that Lendlease was chasing tens of millions of dollars more to finish the project when it told the government it was unable to lower the cost.
However Lendlease will continue to oversee stage one demolition work at Allianz Stadium, which is on track for completion by the end of the year.
Minister for Sport John Sidoti said that the delivery of the new Sydney Football Stadium remains on time and on budget.
Both organisations have been invited to participate in a competitive tender process to deliver stage two of the project.
John Sidoti said, “The winning bidder will be announced later this year, following the receipt of stage two planning approval and completion of the tender evaluation.”
“We know that if we want to continue attracting global events we need our stadiums to be the best in the world but the NSW public expects us to negotiate the best price." 
“The NSW Government’s plan delivers the experience fans deserve. The refurbished Stadium Australia will move 46,000 seats up to 25 metres closer to the action to create more atmosphere,” Mr Sidoti said.
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NSW Government shortlist Mutiplex and John Holland after Lendlease stadium construction reversal

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The COAG meeting of state and territory leaders with the Prime Minister presents a golden opportunity to bring the VET sector back into the frame of Australia’s education system.
Vocational education and trade training must receive the same recognition as other education pathways.
The VET sector has always underpinned the delivery of a skilled trade workforce in Australia.
It is vital for Australia’s residential building industry that governments come together and heed the warnings of industry and business regarding the challenges facing the VET sector, to reach a cooperative agreement on reforming and improving the VET sector.
For too long our VET sector has been regarded by both governments and communities as being inferior to the university sector. Nothing could be further from the truth.
Australia needs both sectors to be strong and efficient. Building a career in a skilled trade is just as important an opportunity as building a career as a doctor or a lawyer.
The building industry offers a range of jobs, onsite and offsite, which rely on training being available through both VET and university education.
As pointed out today by NSW Premier, Gladys Berejiklian, there needs to be a holistic approach to tertiary education. Committing to a policy framework where the VET sector is afforded rightful equal status with the university sector is a crucial early step to achieving success.
Vocational Education and Training is on the COAG agenda tomorrow. The Federal Government brings to the table a starting commitment in the form of its $525bn Skills Package announced in the April budget, while the Joyce Review into the VET sector provides a comprehensive foundation for discussion.
In discussing the challenges facing the VET sector a cooperative strategy and way forward needs to emerge from the COAG meeting. From there government consultation with industry can create a platform for success in co-designing a refreshed VET sector that provides the residential building industry and the broader economy with the skilled workforce required to match the jobs that need to be filled.
KRISTIN BROOKFIELD is the HIA Chief Executive of Industry Policy
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VET agreement essential to renew focus on trade training: HIA's Kristin Brookfield

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A 7-Eleven service station and convenience store in the south-eastern Perth suburb of Gosnells has sold for $5.1 million.
The property at 303 Corfield Street is passed by around 19,000 vehicles each day.
Knight Frank Director of Capital. Markets – WA, Tony Delich, said the 7-Eleven operator had recently signed a new, 15-year lease with fixed 3% annual rent increases, on a current net rental of $322,000 per annum. 
The sale price reflected a yield of 6.3%.
“This property is on the major, four lane district distributor road from Tonkin Highway, near the Albany Highway intersection, and there is a rapidly increasing residential catchment in the area,” Delich said. 
The property has a total land area of 1,945 square metres.
It directly opposite the IGA-anchored Corfield shopping centre and the Corfield Tavern, as well as adjoining a 3.27 hectare site currently poised for a 36-lot residential subdivision.
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Gosnells, Perth 7-Eleven service station sold for $5.1 million 

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The latest wave of food and drink offerings has opened in Darling Square, with the majority of the lifestyle precinct now complete.
The patch that was home to the Sydney Entertainment Centre and its car park has welcomed 29 new retailers to the fold in the past week.
The heart of the lifestyle hub is Japanese architect Kengo Kuma’s new bird’s nest-meets-beehive building, the Exchange.
On the street level is Maker’s Dozen – an industrial-style marketplace with 12 casual outlets and seating for about 350.
The line-up includes Pasta Wafu, Saga Lyte, Tapavino, Hopper Kadé, Fishbowl, Fish and Co, Bau Truong, Mr. Bao, Bubble Nini’s, Bucket Boys bar and bottle shop.
Across thesquare to Electric Treat Street (aka Little Hay Street), you can find milkshakes and shaved ice desserts inspired by old-school Japanese miruku bars at Devon’s latest concept, DOPA Donburi and Milk Bar, as well as Filipino cocktail and dessert combos at Rey Jr, the sibling to Rey’s Placein Darlinghurst.
Outposts of Gelato Messina and Melbourne’s Shortstop Coffee and Donuts are also present. 
Nicolle Walk, a short stroll away, is home to the sequel to Marrickville’s mod-Vietnamese hit Hello Auntie and Hakata-Maru’s tonkotsu ramen flagship.
There are still a handful of spots, including Golden Century spinoff XOPP, set to switch on the lights in the coming months.
 
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29 more venues open for business in Darling Square

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]

Staff reporter

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