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ASIC has obtained orders from the Supreme Court of Queensland appointing provisional liquidators to three companies due to concerns about a herd of approximately 261 head of cattle abandoned by Nangus Holdings Pty Ltd (previously Nant Angus Holdings Pty Ltd) management.
Nant Angus offered an investment in cattle to retail investors.
As part of the investment arrangement, Nant Angus was to lease the herds back from the investor for a period of five years from the date of purchase and then buy them back from the investor at an agreed price.
Investors were told that during the lease period they would be paid an annual interest rate of 9.95 per cent on their investment capital.
Investors were introduced to this investment through full page advertisements taken out in the Australian Financial Review newspaper by Nant Angus.
ASIC has obtained orders from the Supreme Court of Queensland appointing Mr Richard Hughes and Mr David Orr of Deloitte as provisional liquidators to three companies:
<ol>
<li>Nangus Holdings Group Pty Ltd</li>
<li>Nangus Holdings Pty Ltd</li>
<li>Nangus Grazing Company Pty Ltd</li>
</ol>
ASIC applied for and obtained these orders as part of an ongoing investigation into the Nangus Group of companies.
The orders were sought by ASIC due to concerns about the solvency and lack of management of the companies.
Keith Batt and Margaret Letizia, the individuals responsible for the creation and management of the companies, are now both personally bankrupt, disqualifying them from managing a corporation.
The orders require the provisional liquidators to provide a detailed report to the Court regarding the financial position and management of each company so the Court can consider whether to make final orders to wind the companies up.
The couple's Hamilton house has recently been listed for sale by the receivers.
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j.ballantyne1990-6AQqhLzZaK

ASIC express concern over fate of Nant Angus cattle 

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A home South Coast of New South Wales has been sold by mortgagees for $510,000.
The home at <a href="https://www.realestate.com.au/sold/property-house-nsw-wandandian-127654914" target="_blank">55B Hayward Road in Wandandian</a> sits on 2.5 acres.
It has four bedrooms, two bathrooms, a timber kitchen and French doors.
It last traded for $150,000 in 2003.
Vinny Cannon from Ray White secured the sale.
 
 
 
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Wandandian home sold for $510,000 by mortgagee

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A former Palm Beach motel has sold for $2.7 million.
Its use was changed to permanent letting three years ago.
The <a href="https://www.raywhite.com/qld/palm-beach/1801163/?lang=en" target="_blank">1203 Gold Coast Highway property</a> was sold by Anthony and Wendy Cummins to Dayview Holdings Pty Ltd.
It is linked to Harvey Norman executive Steve Cavalier.
The two-level building previously operated as the Surf 'N' Sand Motel.
Set on a 818 square metre site, the building has 11 bedrooms.
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Surf 'N' Sand Motel sells at Palm Beach

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Cricket Victoria has listed its East Melbourne headquarters.
It is a low-rise office on a 1,114 square metre block at <a href="https://www.realcommercial.com.au/property-offices-vic-east+melbourne-502769314" target="_blank">86-90 Jolimont Street.</a>
It is listed through Colliers International.
The cricket body hopes to attract investors willing to spend above $10 million.
Cricket Australia has occupied its Jolimont site for around three decades.
It recently moved to the Citipower Centre at the Junction Oval in St Kilda.
The development opportunity is opposite a public park next to the Melbourne Cricket Ground.
The property has been listed in conjunction with transaction advisors Charter Keck Cramer.
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Cricket Victoria lists East Melbourne HQ

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The Canberra retail market, like markets across the country, have experienced difficult trading conditions over recent years, although some improvement has been noted of late.
Retail sale statistics issued in February by the ABS indicate growth has remained unchanged in seasonally adjusted terms in the ACT.
The trend is stable for retailers. Against this backdrop of retail activity is the geography of Canberra’s commercial property.
Retail areas in the ACT are structured to reflect the principles of a hierarchical system of centres, which comprises: The City Centre (also known as Canberra City or Civic), Town Centres (Woden, Belconnen, Tuggeranong, and Gungahlin), Group Centres include (Calwell, Charnwood, Chisholm, Conder, Curtin, Dickson, Erindale, Hawker, Jamison, Kaleen, Kambah, Kingston, Kippax, Manuka, Mawson, Wanniassa, Weston), and Local Centres.
Consequently, the ACT is well catered for the provision of goods and services. 
Although population continues to increase, supply levels of retail premises remain high and demand generally soft especially for those smaller local shopping centres that have struggled with declining patronage given the attraction of Group Centres and the Town Centres providing competition from larger supermarkets with a greater range of products.
Rents vary depending on the location, size and strength of the centre, plus the use and attributes of the premises.
The outlook for the Canberra retail market is for slow-medium take-up levels to continue over the next 12 months, with a need for incentives to continue.
A Canberra CBD two storey commercial building of approximately 365 square metre has been sold for $1.025 million (pictured below).
<a href="https://www.realcommercial.com.au/property-retail-act-city-501962422" target="_blank">Located at 19-21 East Row</a>, it is within close proximity to the End of Trip for the proposed Light Rail on corner of Northbourne Avenue &amp; Alinga Street.
As a part of the Iconic Sydney Building, the ground floor has leased to Alice Thai Restaurant, while first Floor is presently vacant.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/4/11/east%20row.jpg" alt="">
A Phillip property currently set up as a restaurant in the Sky Plaza has been listed for sale with $875,000 hopes (pictured below).
It is presented by David Toner from BMR Commercial. 
<a href="https://www.realcommercial.com.au/property-retail-act-phillip-502744322" target="_blank">Located at unit 167, 98 Corinna St</a>, the 121 square metre property features car parking and an exclusive designated alfresco area.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/4/11/corinna%20st.jpg" alt="">
 A Weston 136sqm unit has been listed currently on the rental market is priced at $66,733 (pictured below).
<a href="https://www.realcommercial.com.au/property-retail-act-weston-502431134" target="_blank">The 8/21 Brierly St unit</a> is approximately 136 square metres and directly adjacent to the entrance of Cooleman Court.
The unit has recently been refurbished to create a more modern retail premise.It includes a large open shopfront, shopfront windows, access to toilets, and a back office/stock room. <img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/4/11/weston%20.jpg" alt="">
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Canberra retail market experiencing difficult trading conditions

Next cash rate movement likely to be up: RBA April minutes

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Ian Moore, the former Clean Energy Finance Corporation board member, has sold his eco-friendly home, Coorabell Dreaming, in the Byron Bay hinterland.
The home sold for $3.76 million through McGrath Byron Bay agent Ruth Gotterson to a Brisbane buyer.
Designed by local architect Sam Zaher, <a href="https://www.realestate.com.au/sold/property-house-nsw-coorabell-127791986" target="_blank">the three-bedroom house</a> sits 100 metres above sea level with views over the Myocum Valley to the ocean.
Coorabell Dreaming is completely off the grid, relying on a 45 solar panel system, a battery bank and a back-up generator too.
The double glazed home has multi-layered insulation to further minimise energy consumption.
It also comes with a 14,000 tree rainforest plantation.
There are two 45,000 litre water tanks.
Moore, who considers himself an “economic green” and his wife, Di, spend most of their time in their Sydney home.
Initially had it with a price guide of $4.2 million last year, with no price guidance more recently from McGrath selling agent Ruth Gotterson.
Moore also served as the Head of Corporate Finance at Bankers Trust Investment Bank and has been an Independent Non-Executive Director of Challenger Listed Investments.
This article first appeared in The Daily Telegraph. 
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Eco-friendly Byron Bay hinterland home sells for $3.76 million

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GUEST OBSERVATION
If you’re reading this article in your office, chances are the air conditioning is set to around 22°C. Setting the temperature to 25°C could cut your office’s daily air-conditioning energy consumption by 18%, drive down electricity bills and help save the planet.
But would it be too hot to think?
Not according to our study, published recently in the journal Building and Environment.
Our experiment found that office workers’ “cognitive load” – the total amount of mental effort being used in the working memory – was not significantly affected by a little temperature boost.
What we did and how we did it
To test our hypothesis, we asked volunteers to sit some performance tests, under various air-con temperature settings. We ran the experiments at 22°C and 25°C.
Our experiments took place in the University of Sydney’s Indoor Environmental Quality Laboratory climate chamber. It has a floor area of about 25 square metres, and is designed such that it’s easy for us to control the room temperature.
Participants sat at separate workstations, each consisting of a desk, a chair, and a computer.
A total of 26 office workers (12 men and 14 women) volunteered as subjects in this study.
A little over 70% of the participants were aged between 31 and 50 years and about a third were aged 30 years or under. These people had diverse employment circumstances, ranging from professional (35%) and technical (31%) to managerial (15%) and administrative (19%). Participants wore their normal office clothes, and were also free to adjust their clothing as they liked during the experiments.
All participants, in groups of two to four, were given half an hour to acclimatise to the environment, and then sat two one-hour tests (with a break in between the tests).
Before they sat the tests, our participants were fitted with a number of electrodes worn via a headset, so we could monitor their brain activity and “cognitive load” – how hard their brains were working – through an electroencephalogram (EEG). They also wore a heart rate monitor.
During each one-hour experiment session, participants first filled in a questionnaire designed to ascertain how comfortable they were with the room temperature. Then it was time to test how their brain power coped at the different temperature settings.
Assessing ‘cognitive load’
The first test they did is called the Cambridge Brain Science (CBS) test, which has been used in many studies aimed at measuring cognitive performance.
<img src="https://images.theconversation.com/files/213101/original/file-20180404-189813-1wdrvpq.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=237&amp;fit=clip" alt="">
The NASA Task Load Index (NASA-TLX) is a widely used assessment tool that rates perceived workload. Wikimedia, CC BY
Then, we asked them to fill in a questionnaire aimed at determining how challenging they found that task. This questionnaire is called the NASA Task Load Index and asks participants questions such as: how much mental and perceptual activity was required? Was the task easy or demanding, simple or complex?
After a 10 minute break, we then asked our participants to complete three different difficulty levels of another brain-power test, called the Paced Auditory Serial Addition Test (PASAT). Again, when the test was over we asked them to fill in the NASA-TLX questionnaire to ascertain how cognitively challenging they found the test.
At the end of the one hour experiment session, our test participants then completed the thermal comfort questionnaire again.
Our results showed that their CBS test scores were not significantly affected by temperature.
In fact, many of the participants performed even better at a warmer temperature of 25°C, (but this could be due to what scientists call “the learning effect”, meaning it is not uncommon to do better the second time you sit a test compared to the first).
And when we analysed and compared the EEG and heart rate monitoring results during the PASAT tests, we did not find any significant difference, whether the room temperature was at 22°C or 25°C.
Why does this matter?
A typical Australian commercial lease stipulates indoor air temperatures of between 20°C and 24°C. This means that building managers or landlords who set the indoor temperature higher than 24°C during summer run the risk of breaching leases and incurring penalties.
However, the research shows there is no empirical evidence that this temperature range should be maintained. The significant over-cooling in commercial buildings not only often leads to office workers complaining their workplaces are too cold, but also affects building energy use, greenhouse gas emissions and electricity bills.
The standard 22°C setpoint for office air conditioning has prevailed in Australia for over a decade now. Many employers may fear that boosting the office temperature will make it too hot to think, and reduce worker productivity.
<img src="https://counter.theconversation.com/content/93789/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1">However, our study shows that boosting the office temperature a little can save energy and keep office workers comfortable without sacrificing their cognitive performance.
Dian Tjondronegoro, Professor of IT, Southern Cross University
Christhina Candido, Senior Lecturer, University of Sydney
Fan Zhang, Lecturer in Architectural Science, Griffith University
Shamila Haddad, Research Associate, University of Sydney
This article was originally published on <a href="http://theconversation.com" target="_blank">The Conversation</a>. Read the <a href="https://theconversation.com/chill-out-a-slightly-warmer-office-wont-make-it-too-hot-to-think-93789" target="_blank">original article</a>.
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Can we help save the planet from the office?

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The Port Douglas, Far North Queensland family estate of the Sydney-based Smith property developer family is up for sale.
It comprises The Bali House, Plantation and Meryula.
There is a $10.95 million asking price through Queensland Sotheby's agent Barbara Wolveridge.
The compound, FIRB approved for international buyers, sits in the Sheraton Mirage resort, the development of Christopher Skase's Qintex Group.
<a href="https://www.realestate.com.au/property-house-qld-port+douglas-127947022" target="_blank">The Bali House</a> was the first to be built in the resort. 
The 16 bedroom offering comes with three heated pools on the amalgamated 4,265 square metres of beachfront land, which has access to Four Mile Beach. 
Another home in the Mirage Resort, Villa 101, has hit the market through The Pink Agency's Callum Jones.
Jones is asking $2.1 million for the four bedroom absolute beachfront.
The owners were provided the very first pick of all premium villas by Skase and they have owned this magnificent villa ever since construction, some 30 years ago.
This article was first published in The Weekend Australian.
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Sheraton Mirage compound listed at $10.95 million 

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GUEST OBSERVATION
In the post-war decades, Australian communities invested heavily in church buildings. Like civic centres, swimming pools and shire halls, these buildings made an important contribution to the formation of a modern civic realm in Australia’s growing cities, suburbs and regional communities. Today, dwindling numbers of constituents and the amalgamation of congregations place many post-war church buildings at risk.
And yet – unlike their publicly funded counterparts – these buildings are largely ignored in architectural and heritage discussions. Few church buildings have any form of heritage protection. Could this be because this is an “uneasy heritage”?
Given current crises affecting the churches in Australia, and given the important role of these buildings in the post-war development of our cities, suburbs and towns, a public debate is necessary about their future. Should we allow these buildings to disappear from memory, or should they be preserved and/or repurposed?
For the whole of Australia only about 30 post-war ecclesiastical buildings are included on state heritage registers. It’s a meagre number, given that several thousand churches were built across the country during the 1950s, 1960s and 1970s.
In Queensland alone, over 1,000 were built between 1945 and 1975. Of these, only six are on the Queensland Heritage Register.
Mirroring modern Australia’s emergence
<a href="https://images.theconversation.com/files/212565/original/file-20180329-189813-7wr89q.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/212565/original/file-20180329-189813-7wr89q.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=237&amp;fit=clip" alt=""></a>
St Andrews Presbyterian Church (c.1960, architect: Loder and Dunphy) in Gosford, New South Wales, was demolished in 2002. <a class="source" href="http://www.csec.esrc.unimelb.edu.au/image_viewer.htm?CSEC00852,4" target="_blank">Cross-Section, no. 95, Sept 1960</a>, Author provided
In immediate post-war years, modern church building in Australia made a hesitant start. A few small, rather conventional buildings cropped up here and there.
In the 1950s, however, hesitation gave way to optimism and resulted in increasing experimentation in church design. By the 1960s a genuine modern church building boom was under way.
Religious institutions strongly supported the Australian government’s bid to build a modern social welfare state. They not only built community-oriented churches, but also kindergartens, halls, primary and secondary schools, charity outreach centres, hospitals, etc.
From the 1960s churches and their architects increasingly recognised the need to rethink ecclesiastical architecture to cater to (rather than ignore or shun) modern society. This aggiornamento, or bringing up to date, in the religious sphere coincided with architects’ experiments with modern materials and construction technologies and innovative shapes and forms.
As a result, a new “type” of church emerged. This was one more attuned to its (commonly) residential surroundings and more sensitive to its context, both in terms of materiality and scale.
Examples abound, but of note are:
<ul>
<li>Kenmore Presbyterian Church by Robin Gibson (c.1968, Queensland), now Uniting Church</li>
</ul>
<a href="https://images.theconversation.com/files/212566/original/file-20180329-189816-1irq1d4.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/212566/original/file-20180329-189816-1irq1d4.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Kenmore Presbyterian Church (c.1968, architect Robin Gibson) in Brisbane, Queensland. Lisa Marie Daunt (2000), Author provided 
<a href="https://images.theconversation.com/files/212567/original/file-20180329-189810-76c00f.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/212567/original/file-20180329-189810-76c00f.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=237&amp;fit=clip" alt=""></a> 
St Christopher’s Catholic Church (c.1968, architect: Paul Wallace) in Anglesea, Victoria. <a class="source" href="http://www.csec.esrc.unimelb.edu.au/image_viewer.htm?CSEC01018,2" target="_blank">Cross-Section no.188, June 1968</a>, Author provided
<ul>
<li>
St Anne’s Church of England by Hely Bell &amp; Horne (c.1965, Como, NSW), which was repurposed in 1997 as a private residence along with its Sunday school building of the same age
</li>
<li>
St Christopher’s Catholic Church by Paul Wallace (c.1968, Anglesea, Victoria), which was damaged in the 1983 bushfires and rebuilt in 1984 to a revised design.
</li>
</ul>
These smaller, contextually sensitive churches that reflect the aggiornamento in the church represent the bulk of post-war modern church buildings in Australia. However, state heritage registers are mostly populated by their more “monumental” siblings.
<a href="https://images.theconversation.com/files/212568/original/file-20180329-189810-17a2cfp.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/212568/original/file-20180329-189810-17a2cfp.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=237&amp;fit=clip" alt=""></a>
Holy Trinity National Memorial Finnish Lutheran Church (c.1961, architect: Frederick Romberg of Grounds, Romberg and Boyd) in Turner, Canberra, is on the ACT Heritage Register. Lisa Marie Daunt (2016)
For example, on the ACT register is Grounds, Romberg and Boyd’s 1961 Finnish Lutheran Church. Queensland’s register includes Cairns Cathedral, two churches by Eddie Oribin and a church and school chapel by Karl Langer (listings 601961, 60233, 601589, 602815 and 602816).
And yet it is the smaller, unassuming churches that made the greatest contribution to the formation of our post-war collective realm. More importantly, it is these churches that are under the greatest threat.
<img src="https://counter.theconversation.com/content/94115/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1">So, what is to be done? Is this part of our modern heritage best forgotten, along with the (at times) painful memories it evokes? Or can there be a future for Australia’s unassuming post-war modern buildings that were once the beating hearts of Australia’s urban and suburban communities?
<a href="https://images.theconversation.com/files/214211/original/file-20180411-536-1duguz3.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/214211/original/file-20180411-536-1duguz3.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
St Monica’s War Memorial Cathedral (c.1968, architect: A. Ian Ferrier) in Cairns is on the Queensland Heritage Register. Ferrier Slide Collection, used with permission, Author provided
Lisa Marie Daunt, PhD Candidate in Architecture, The University of Queensland
This article was originally published on <a href="http://theconversation.com" target="_blank">The Conversation</a>. Read the <a href="https://theconversation.com/uneasy-heritage-australias-modern-church-buildings-are-disappearing-94115" target="_blank">original article</a>.
Main photo: Good Shepherd Chapel (c.1969, architect: A. Ian Ferrier) in Mitchelton, Brisbane, was demolished in 2004. Ferrier Slide Collection, used with permission, Author provided.<a href="https://theconversation.com/profiles/lisa-marie-daunt-456237"> </a>
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Australia's modern church buildings are disappearing: Lisa Marie Daunt

The Gold Coast economy has grown by 25 per cent since 2020/21 to surpass $55 billion, but perhaps the more significant story is what sits behind the headline number.

For decades, the Gold Coast has been viewed through the lens of tourism, lifestyle and population growth. The latest State of the City Report suggests that perception is increasingly out of step with reality.

Released by Invest Gold Coast, the report ranks the Gold Coast as Australia's largest non-capital city economy and, perhaps more notably, second nationally behind Sydney for Economic Complexity, a measure that assesses the diversity and sophistication of an economy.

It's a result that places the Gold Coast ahead of Melbourne, Brisbane, Perth and Adelaide, highlighting the extent to which the city's economic base has broadened beyond its traditional industries.

Today, the Gold Coast supports more than 350,000 jobs, is home to over 83,000 businesses and generates $19 billion in annual exports. Manufacturing now accounts for 62 per cent of international export growth, while sectors including health, education, advanced manufacturing, technology and professional services are becoming increasingly important contributors to the local economy.

[smartcode_project:default project_id=150017 project_image_fid=372547]

Gold Coast Mayor Tom Tate said the report confirmed the city's evolution into one of Australia's most significant economies.

"The Gold Coast economy continues to grow at an incredible pace. This is no surprise to those of us who have watched the evolution up close," Mayor Tate said.

"As one of the most entrepreneurial, investment driven and opportunity focused economies in the country our ambition has been realised and possibilities are endless.

"The Gold Coast has built a reputation as the city that says yes. We say yes to investment, yes to opportunity and yes to people who want to build something.

"It's this mindset helping us drive major growth across health, advanced manufacturing, screen production, marine, technology and the knowledge economy."

[smartcode_project:default project_id=149670 project_image_fid=360975]

While population growth has been one of the defining stories of the past decade, the report points to a broader economic transformation taking place.

The city's knowledge economy now contributes $7.9 billion annually and supports around 31,000 jobs, while the health and wellbeing sector contributes $5.2 billion and employs more than 42,000 people. Together, the six priority sectors identified in the report account for almost $24 billion in economic output and more than 145,000 jobs.

One of the strongest examples is the Gold Coast Health and Knowledge Precinct at Southport. The 200-hectare precinct now contains more than $5 billion worth of health, education, research and innovation infrastructure and supports over 16,000 jobs.

The report also highlights the growing role of advanced manufacturing, particularly in aerospace, defence and modular construction.

Gold Coast-based Gilmour Space Technologies recently became the first Australian commercial company to attempt an orbital launch, while companies including Modscape and ModnPods are helping establish the Yatala-Stapylton corridor as one of Australia's fastest-growing advanced manufacturing hubs.

The city's entrepreneurial culture is also translating into business growth.

Since 2019/20, the number of businesses operating on the Gold Coast has increased by 22 per cent, while firms employing more than 200 people have grown by 80 per cent. The report suggests the next challenge is converting more local start-ups and medium-sized businesses into nationally significant companies.

Development activity remains another key indicator of confidence.

There are currently more than $23 billion worth of major projects underway across the Gold Coast, supported by a record 75 active cranes, a figure that now exceeds Brisbane and represents a 150 per cent increase since 2016.

[smartcode_project:default project_id=112024 project_image_fid=343235]

Importantly, the report notes the next phase of investment will need to extend beyond residential development.

While 93 per cent of crane activity is currently tied to housing, Invest Gold Coast argues future investment will increasingly need to focus on cultural, civic, infrastructure and industry-enabling projects that strengthen the city's long-term economic resilience.

Invest Gold Coast Chair Will Hodgman said the city was now benefiting from years of economic diversification.

"What is happening on the Gold Coast is the result of the city's economic base broadening, fuelled by industries with long-term, high-growth potential," Mr Hodgman said.

"This is no longer a secondary Australian economy, the Gold Coast is becoming a globally connected city with deeper capability across health, knowledge and creative industries, advanced manufacturing, technology and exports."

[smartcode_project:default project_id=108274 project_image_fid=365786]

Looking ahead, the Gold Coast's population is projected to exceed one million residents by 2046.

For a city that was once largely defined by tourism and lifestyle, the latest figures suggest the Gold Coast is becoming something more significant, one of Australia's most diverse and economically sophisticated urban economies, and increasingly one that national and international investors can no longer afford to overlook.

Joel Robinson

75 cranes, $23 billion pipeline and a $55 billion economy: Inside the Gold Coast economic boom

Ron Bakir's Homecorp has sold more than 75 per cent of the apartments in its wellness-driven Florence Residences in Surfers Paradise following its first weekend release.

The <a href="https://www.apartments.com.au/new-apartments/florence-residences-24-monte-carlo-avenue-surfers-paradise-qld-4217">26-storey project on Monte Carlo Avenue</a>, which commenced construction earlier this year, has seen a flurry of buyers secure their slice of the Gold Coast's latest wellbeing-focused offering in one of the nation's most competitive property markets.

Since the pandemic, the Gold Coast's population has grown by more than 11 per cent, a rate approximately four times faster than Sydney's, driven largely by lifestyle changes and interstate migration. While buyer activity has moderated in some markets nationally, demand for newly built dwellings on the Gold Coast continues to gain momentum as purchasers increasingly prioritise lifestyle, amenity, wellbeing, liveability and long-term investment potential.

&nbsp;

[smartcode_project:default project_id=150414 project_image_fid=372743]

Homecorp CEO Ron Bakir says buyers today are looking for more than just a home.

"What we are seeing is a shift in how people define value in property," Bakir says.

"What attracts residents to new developments is a desire for more than just a residence. They are looking for a place that complements their lifestyle, supports their wellbeing and reflects the way they want to live into the future.

"Lifestyle, longevity, proactive health, wellbeing, connection and a sense of community are increasingly shaping purchasing decisions, particularly on the Gold Coast, where these factors continue to be a major drawcard."

[smartcode_project:default project_id=150414 project_image_fid=372744]

Bakir says Homecorp is responding to this shift through an approach that places greater emphasis on design, amenity and experience working together to create places that feel considered, connected and enduring in value.

Inspired by Eastern European design, Florence Residences will comprise 120 apartments alongside a private residents-only wellness club featuring a resort-style rooftop pool, hot and cold plunge pools, a spa retreat, contemporary gymnasium, and a spacious yoga and Pilates studio.

The development will also feature a residents-only lounge with private dining facilities and a rooftop bar, premium outdoor entertaining areas, a hotel-style lobby lounge, generous bike parking, and pet-friendly amenities including a heated dog wash.

[smartcode_project:default project_id=150414 project_image_fid=372742]

A limited number of apartments remain available, with an exclusive collection of four-bedroom sub-penthouses set to be released in the coming months.

Florence is one of the latest additions to Homecorp's expanding multi-billion-dollar property portfolio, which also includes plans for a <a href="https://www.apartments.com.au/news/qld/homecorp-lodges-plans-for-260-million-moroccan-bathhouse-inspired-tower-in-budds-beach">$260 million development in Budds Beach</a> tailored to the growing wellness market.

A development application has been lodged for a 27-storey, 156-residence tower at 8–10 Acacia Avenue and 25–27 Oak Avenue, featuring a residents-only Moroccan spa-inspired sanctuary.

Apartments at Florence Residences are priced from $1,249,000, with construction expected to be completed by late 2027.

[smartcode_project_cta:default project_id=150414]

Buyers rush to Homecorp's Florence Residences as Gold Coast wellness trend gains momentum

The NSW Government has expanded its $1 billion Pre-sale Finance Guarantee program, broadening access for affordable housing providers and smaller residential developments as it seeks to accelerate housing delivery across the state.

The Minns Government says the program has already helped bring forward more than 600 homes across Sydney and regional NSW since launching in September 2025, with similar models now adopted in South Australia and Western Australia.

The latest changes, announced by Treasurer Daniel Mookhey and Minister for Planning and Public Spaces Paul Scully, are designed to improve access to finance for projects that have planning approval but are struggling to secure funding.

Among the key changes is an expansion of support for community housing providers. The program will now support up to 100 per cent affordable housing projects valued at up to $30 million when delivered by not-for-profit providers, while support for larger affordable housing developments will increase for projects worth up to $80 million.

The government says the changes will help accelerate the delivery of housing for low-income workers, older people, people living with disability, and those at risk of homelessness, while reducing reliance on direct grants or subsidised loans to bridge funding gaps.

The eligibility criteria for smaller residential developments have also been broadened. The previous $5 million minimum project value threshold has been removed and replaced with a requirement that projects deliver at least four homes.

Support has also increased for projects delivering fewer than 20 homes, with the guarantee now able to cover up to 75 per cent of dwellings in a development, capped at $30 million per project.

The changes are expected to particularly benefit smaller-scale and regional developments, which often face greater challenges meeting pre-sale requirements imposed by lenders.

Treasurer Daniel Mookhey said the scheme demonstrates how government can use its balance sheet to stimulate housing supply without relying solely on taxpayer-funded grants.

"The Pre-sale Finance Guarantee shows how this Government is using its balance sheet to reduce risk and unlock private investment, enabling new homes to move from design to construction faster," Mookhey said.

"This landmark reform allows us to deliver homes for working families at a lower cost to taxpayers, while also maintaining strong financial discipline."

Planning Minister Paul Scully said the program had already proven effective in bringing stalled projects to market.

"The Pre-sale Finance Guarantee has already proven it can unlock stalled projects and accelerate housing delivery by giving lenders the confidence they need to back good developments," Scully said.

"These changes will allow more affordable housing and smaller developments to access support so more homes can be built faster where communities need them most."

Housing Minister Rose Jackson said the expansion would help community housing providers overcome financing barriers that often delay projects.

"We know community housing providers are ready to build more homes, too often they're held back by barriers to finance," Jackson said.

"Expanding the Pre-sale Finance Guarantee helps remove those barriers so more affordable homes can get off the ground sooner."

The announcement was welcomed by the Property Council of Australia, which has long advocated for measures aimed at improving project feasibility and access to finance.

Property Council NSW Executive Director Katie Stevenson described the expansion as a practical intervention that addresses one of the most immediate constraints on housing delivery.

"This is exactly the kind of practical intervention we need right now, focused on getting projects out of the ground, not just approved," Stevenson said.

"It builds on a model the Property Council has worked closely with government to develop following calls for such a scheme ahead of last year's NSW Budget, so it's great to see it being expanded."

Stevenson said the reforms would help unlock projects that are ready to proceed but have been delayed by financing challenges. However, she noted that broader feasibility issues remain a significant barrier to increasing housing supply.

"The biggest challenge in NSW housing today is delivery. Too many projects have planning approval but are simply not financially viable to proceed under current settings," she said.

Speaking at the Property Council's NSW Housing Summit, Housing Minister Rose Jackson acknowledged that feasibility and financing pressures continue to constrain housing delivery, while reaffirming the government's commitment to work with industry on solutions.

Stevenson said the government's recognition of those challenges was encouraging ahead of next week's state budget.

"It's positive to see the government clearly recognising that feasibility pressures are now a binding constraint on supply," she said.

"With the Budget just days away, the focus must be on backing delivery, making sure projects stack up, finance can flow, and more homes can move from approval to construction."

The expanded Pre-sale Finance Guarantee forms part of the NSW Government's broader housing agenda, which also includes planning reforms, the NSW Housing Pattern Book, and a series of rezonings intended to increase housing capacity across the state.

NSW expands Pre-sale Finance Guarantee to unlock more affordable and regional housing

Design-led developer-builder Lowe Living has unveiled its latest residential development, Jardin House, marking its first foray into Melbourne's blue-chip City of Boroondara.

Located a short walk from Camberwell Junction, <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House</a> has been designed to appeal to affluent local downsizers and established families seeking a low-maintenance alternative to the large homes that have long defined Camberwell and surrounding suburbs.

The project will comprise a collection of two and three-bedroom apartments ranging from 92 sqm to 280 sqm, alongside a limited number of penthouse residences featuring rooftop terraces spanning more than 100 sqm, with optional private pools.

&nbsp;

[smartcode_project:default project_id=146717 project_image_fid=372212]

Lowe Living Co-Founder and Managing Director Tim Lowe said Camberwell represented a natural next step for the developer as it expands into some of Melbourne's most tightly held residential markets.

"Jardin House is an important project for our team as it marks the next evolution of our portfolio into different well-established blue-chip pockets of Melbourne," Lowe said.

"Camberwell, with its incredible walkability, family-led neighbourhood feel and superb access to education and transport, makes it a natural choice for us."

[smartcode_project:default project_id=146717 project_image_fid=372227]

Designed by Tristan Wong Architects, with interiors by Hecker Guthrie and landscaping by Acre, the development takes inspiration from the Art Deco architecture that remains a defining feature of many of Camberwell's established streets.

A curved facade, arched openings, textured brickwork and sculpted forms reference the suburb's architectural heritage, while extensive landscaping softens the building's presence and creates a strong connection to the surrounding tree-lined streetscape.

The project will be set behind a secure gated entrance, with residents arriving through landscaped gardens designed to create a transition between the public realm and private residences.

Inside, the residences feature natural stone and timber finishes, full-height glazing, Miele appliances and generous open-plan living areas designed for long-term owner occupation.

[smartcode_project:default project_id=146717 project_image_fid=372225]

While the apartments themselves have been designed to attract discerning owner-occupiers, it is the amenity offering that sets Jardin House apart from many other boutique projects currently launching across Melbourne.

The centrepiece is a 350 sqm private bathhouse curated in partnership with Aurora Spa &amp; Bathhouse founder Lyndall Mitchell.

The wellness precinct includes mineral pools, hydrotherapy experiences, a Himalayan salt room, sauna, steam room, cold plunge pools and dedicated relaxation spaces, creating what Lowe Living describes as a private wellness retreat exclusively for residents.

[smartcode_project:default project_id=146717 project_image_fid=372222]

The collaboration follows Lowe Living's recent partnership with Aurora at Maison Savoy in Brighton, although Jardin House is the first project to incorporate both indoor and outdoor wellness experiences.

Emma Lowe, Co-Founder and Managing Director of Lowe Living, said wellness was becoming an increasingly important consideration for apartment buyers.

"Collaborating with Lyndall Mitchell from Aurora Spa &amp; Bathhouse for a second time is an intentional nod to creating residences that are more than just homes, but a way to enrich the lives of our residents through wellness and longevity," Lowe said.

The amenity offering is complemented by a Technogym fitness studio, residents' lounge, private dining spaces and concierge services.

The launch comes as developers increasingly target Melbourne's established eastern suburbs, where rising land values, ageing housing stock and growing downsizer demand are creating opportunities for boutique apartment projects.

Lowe said the company expects significant generational wealth transfer across suburbs such as Camberwell in coming years, creating further demand for luxury apartment living.

"Camberwell is a blue-chip suburb where homes regularly transact for multiple millions of dollars," he said.

"The generational change of wealth in these locations expected in the coming years is significant, so we see an opportunity to create exclusive residences that appeal to older families and downsizers in order to meet this demand."

Apartments at Jardin house start from $1,195,000. The project forms part of Lowe Living's near-$1 billion portfolio of new developments across Melbourne.

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Lowe Living launches Jardin House in Camberwell

As <a href="https://www.apartments.com.au/developments/north-sydney-nsw-2060">North Sydney</a> continues its transition from a commercial centre into a more layered residential and lifestyle precinct, a new generation of apartment developments is reshaping expectations around scale, amenity, and long-term liveability.

Improved transport connections through the Victoria Cross Metro, continued investment in dining and public spaces, and a constrained supply of new luxury apartments have sharpened demand for homes that combine proximity to the CBD with the privacy and outlook traditionally associated with harbourside houses.

At 177 Walker Street, <a href="https://www.apartments.com.au/developers/aland">ALAND</a>’s new apartment development <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-177-walker-street-north-sydney-nsw-2060">The Walden</a> enters the market with a distinctly residential approach to high-rise living. The 30-level tower will deliver 161 residences, ranging from one-bedroom apartments through to sub-penthouses and a full-floor penthouse, all oriented to capture uninterrupted views across Sydney Harbour, the Opera House, and out toward the Pacific Ocean.

[smartcode_project:default project_id=134323 project_image_fid=6395]

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, the project takes advantage of the site’s natural topography and elevated position above the harbour. Rather than relying on density alone, the architecture focuses on outlook, orientation, and spatial flow, with every apartment occupying a corner position to maximise natural light and cross ventilation.

Rothelowman says the site itself shaped much of the architectural response.

“The site has a long history in terms of its inevitable transformation and when we came in, we took inspiration from the idea of reestablishing a sense of the site’s natural terrain and fall. Our scheme aims to integrate with the terrain and the landscape, using the undulating site to slowly reveal glimpses and views of the harbour. The rotation of the tower off grid means every apartment has a view and is naturally cross ventilated. The building's colour palette is quintessentially Sydney, with bronze and sandstone and a luminescent green colour in the glass, making it very earthy and grounded in its location.”

[smartcode_project:default project_id=134323 project_image_fid=6399]

Inside the residences, the emphasis moves toward larger-format living typically associated with standalone homes. Kitchens sit at the centre of the apartments, connecting directly to open-plan dining and living areas before extending outward into expansive winter gardens and balconies. Calacatta marble, bespoke joinery, integrated appliances, and custom metal detailing are used throughout, while three distinct interior palettes, Terrace, Opera, and Harbour, allow buyers to personalise the spaces without compromising the architectural consistency of the project.

The larger residences place particular attention on separation between entertaining and private zones. In many apartments, master suites occupy the outer corners of the floorplates, allowing bedrooms to benefit from floor-to-ceiling glazing and harbour outlooks independent of the living spaces. Dressing rooms and ensuites continue the material palette through fluted detailing, freestanding baths, and layered stone finishes.

Rothelowman says the design intent centred on creating homes that feel enduring rather than transient.

“Our philosophy is all about the way people live in these spaces, and we wanted to create homes that reflect the quality of life in this unique Sydney location. The apartments showcase expansive living spaces that are generous, sophisticated, and bold, with the ability to connect with views throughout each apartment.”

[smartcode_project:default project_id=134323 project_image_fid=353235]

A separate four-storey amenity building known as The Pavilion expands the residential offering beyond the apartments themselves. Positioned alongside the tower, the building consolidates wellness, recreation, and social spaces into a dedicated resident retreat. Facilities include a 20-metre rooftop pool and sundeck, sauna, spa, ice bath, wellness studio, gymnasium, concierge service, wine cellar, residents’ lounge, private dining spaces, and dedicated co-working areas with meeting rooms and boardroom facilities.

The amenity mix reflects the buyer profile emerging in North Sydney, where owner-occupiers and downsizers are increasingly prioritising convenience, apartment scale, and long-term usability over purely investment-driven decisions.

The Walden also represents a significant milestone for ALAND, marking the company’s first major move into Sydney’s inner-city luxury apartment market after more than two decades delivering large-scale residential communities across Greater Sydney. Founder Andrew Hrsto says the Walker Street site stood apart because of both its positioning and its rarity.

[smartcode_project:default project_id=134323 project_image_fid=6390]

“As a company, we had been searching for a site in one of Sydney’s blue-chip locations, spanning the Eastern Suburbs, the Sydney CBD and the North Shore, and when we had the opportunity to purchase this site, we immediately recognised that it could be something iconic.”

At launch, The Walden recorded more than $103 million in sales, with buyers drawn to the project’s harbour positioning, apartment scale, and proximity to the Metro, which now connects North Sydney to Barangaroo in three minutes and Martin Place in five.

ALAND has commenced construction, and is expecting a completion date in 2028.

[smartcode_project_cta:default project_id=134323]

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