<a href="https://www.apartments.com.au/developers/ignite-projects">Ignite Projects</a> has appointed OBX as the builder for its boutique beachside development, <a>Retreat Palm Beach</a>, following an exceptional early sales run that has seen more than half the residences already secured.

The appointment marks an exciting new partnership between the two Gold Coast-based companies, bringing together shared values, local expertise and a commitment to exceptional project delivery.

Ignite Projects Director Josh Foote said OBX’s local expertise backed by a talented and experienced team, made them the ideal partner to bring <a href="https://www.apartments.com.au/new-apartments/retreat-palm-beach-188-jefferson-lane-palm-beach-qld-4221">Retreat Palm Beach</a> to life.

“We’ve been impressed by the depth of experience within the OBX team, and their commitment to quality, detail and delivery made them the natural choice for Retreat,” he said.

“Working with a builder we know and trust gives our buyers incredible confidence. OBX understands exactly what we want to achieve at Retreat, and we’re excited to create something truly special together.”

[smartcode_project:default project_id=134965 project_image_fid=1852]

Specialising in medium- to high-rise residential development, OBX has established a strong reputation for quality construction across the Gold Coast.

Director James O’Brien has more than 20 years' experience in tier one and tier two construction, including his former role as construction manager at Hutchinsons Builders, where he delivered landmark projects such as The Mondrian, Ignite’s own award-winning Cabana <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a> (one of the Gold Coast’s fastest-selling residential projects of 2021), and The Lanes.

He said he was proud to once again collaborate with Ignite on a premium coastal development.

“Our relationship with Ignite Projects has been built on transparency, shared standards and a mutual drive to deliver exceptional outcomes,” he said.

“Cabana set a high benchmark for boutique coastal living, and Retreat Palm Beach gives us the opportunity to elevate that standard even further. We’re looking forward to delivering a project that future residents will be proud to call home.”

[smartcode_project:default project_id=134965 project_image_fid=1851]

Designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Architecture</a>, Retreat Palm Beach will offer a refined collection of residences that blend understated luxury with enduring craftsmanship.

Set on the prestigious beachside strip at 188 Jefferson Lane, Retreat Palm Beach represents a rare entry point into beachfront living and one of the last opportunities to live in a project of this scale in Palm Beach.

It will span nine levels and include a mix of 56 two and three-bedroom residences, most with butler’s pantries, private outdoor spaces and curated interior finishes. Prices range from $1.47 million to $3.95 million. A standout feature is the ground-floor communal wellness space, envisioned as a subterranean Mediterranean-style day spa, complete with a sculpted lagoon pool and floating day beds.

The builder appointment comes as Ignite Projects continues its strong growth trajectory, highlighted by the recent announcement of the group’s major new development on The Spit at Main Beach.&nbsp;

[smartcode_project:default project_id=134965 project_image_fid=1847]

The $100 million project will deliver 27 premium residential units, dining venues and a commercial marina with at least 18 berths overlooking Southport Yacht Club. Construction is due to begin early next year and represents one of the most significant development opportunities on The Spit in recent years.

Ignite Projects’ expanding portfolio and repeat-builder partnerships underscore the company’s commitment to delivering high-quality, design-led developments across the Gold Coast.

Onsite activity at Retreat is now progressing, with earthworks already underway and construction commencing in the new year.

<a href="https://www.apartments.com.au/project-marketer/new-property-agent-qld-npa">NPA</a> CEO Andrew Erwin said the remarkable sales result was a clear vote of confidence in the enviable Jefferson Lane lifestyle.

“With over 50 per cent of apartments already sold, we are seeing strong demand from local owner-occupiers who are upgrading to be on the beachside of the highway and want the exclusivity, privacy and walkability that only Jefferson Lane can offer," he said.

“At the same time, we’re attracting a new wave of discerning ‘lifestyle investors’ who want the best of both worlds: a beautifully designed beachfront apartment they can enjoy for holidays, with the flexibility of short-term letting to generate income when they’re not using it. It’s a genuine win-win and a major reason Retreat has resonated so strongly.”

[smartcode_project_cta:default project_id=134965]

Joel Robinson

Ignite Projects appoints OBX to build wellness-inspired Retreat Palm Beach apartments

Mirvac has been announced as the preferred developer to work with the NSW Government on the redevelopment of the old Sydney Fish Market site, in a project delivery agreement with Infrastructure NSW (INSW).

The 3.6-hectare site is part of the wider Blackwattle Bay urban renewal and will be transformed into a vibrant mixed-useprecinct, comprising over 1,400 homes (which includes purpose-built student accommodation), and commercial and retail.

<img alt="Mirvac" data-entity-type="file" data-entity-uuid="2bc4cfbf-3622-4976-9a0c-94e7d1ec5f65" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Mirvac%202.jpg?VersionId=oBHQZ76Ex7Ysi4UzXWc7lSARDxj.a754" />

Mirvac will also deliver a 26,000 sqm public domain, with an ambition to create an ‘outdoor living room’ for the 
community, along with a new public foreshore promenade and a boardwalk that will complete the 15-kilometre foreshore walk connecting Rozelle Bay to Woolloomooloo.

Announcing the agreement on site at Blackwattle Bay in Sydney on Tuesday with NSW Government, Mirvac’s Group CEO &amp; Managing Director, Campbell Hanan, said the company is "thrilled to deliver this project in partnership with Infrastructure NSW, where we will rejuvenate an iconic harbourside location."

“Blackwattle Bay is a significant urban renewal project and represents one of the last undeveloped parcels along the Sydney Harbour foreshore. Blackwattle Bay presents a fantastic opportunity for Mirvac to apply over 53 years of experience in delivering beautiful homes and significant public amenity, in a capital-efficient manner.”

Mirvac's will be partnering with Scape by The Living Company to&nbsp;deliver student accommodation within the precinct.

Mirvac’s CEO Development - Residential and Commercial Mixed Use, Stuart Penkils, said Mirvac has decades of experience in transforming undeveloped sites into vibrant precincts – from Walsh Bay in Sydney and Yarra’s Edge in Melbourne to Cutters Landing and Newstead in Brisbane.

"These are the sorts of projects where our integrated model comes to life and where we can leverage our in-house design, development and construction capability to deliver much needed housing supply, a key priority for government, and a new precinct that the whole community can enjoy.

“We’re committed to building on the trust and collaboration established through our nearby Harbourside redevelopment, and to working closely with Infrastructure NSW, the Department of Planning, Housing and Infrastructure, Transport for 
Sydney, the City of Sydney and the local community. Together, we want to shape a precinct that reflects shared aspirations, strengthened by genuine stakeholder input.”

<img alt="Mirvac" data-entity-type="file" data-entity-uuid="cd9a88bf-8ccd-4d0a-b23e-85b5566febd7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Mirvac%203.jpg?VersionId=e.cAyExj7eBZqjGpXUbQhaYwuZZ39U5y" />

Infrastructure NSW’s CEO, Tom Gellibrand, said the project will offer places to live and work alongside spaces to walk, cycle and relax, reconnecting Pyrmont and Glebe with Sydney Harbour.

Blackwattle Bay is well-located, adjacent to the new Sydney Fish Market, which is scheduled to open in January next year, and a five-minute walk from the new Pyrmont Metro station, which is scheduled to open in 2032. Planned public open space includes a central pedestrianised lane, cycleways, a skatepark, community kayak storage and a community pavilion.

The project is also close to Mirvac’s multi-award-winning Harold Park project in Glebe, a significant renewal project that saw the delivery of around 1,300 apartments and the adaptive reuse of the heritage tram depot, integrated with 3.8 hectares of new public parkland.

<img alt="Mirvac" data-entity-type="file" data-entity-uuid="75e43906-9e5b-43b2-ba3d-470a5d9d5198" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Mirvac%204.jpg?VersionId=5RD2grfduZlEe8fEdWREBtxknVxrO62k" />

In line with its sustainability ambition to decarbonise by 2030, Mirvac will target a net zero carbon precinct, which includes a 55 per cent reduction in embodied carbon. Mirvac will also partner with the Sydney Institute of Marine Sciences to undertake nature-based intervention to improve water quality, introduce circularity to reuse and reduce waste, and improve biodiversity on site with extensive native planting. Stories of Country, past streams and shorelines will be incorporated and celebrated throughout the precinct.

The project is expected to be delivered over multiple stages, with early works on site expected to commence in 2027, works on the housing component expected in 2028 , and completion expected in 2033. First settlements on the housing component are expected in 2030.

Mirvac to develop over 1,400 new homes on former Sydney Fish Market site

Rose Bay is emerging as one of Sydney’s most active suburbs for development, as developers respond to demand driven by the suburb’s ageing population.

More than 20 per cent of Rose Bay residents are aged 65 and over, according to the latest ABS census data. Combined with more favourable planning schemes introduced in recent years, new development activity in the suburb has accelerated.

Fresh off the back of a $173 million sale of what was marketed as “one of the largest sites ever amalgamated so close to Rose Bay Village,” created by 12 homeowners joining forces to combine nearly 6,000 sqm bordering Wilberforce Avenue and Dover Road, more than $200 million worth of development applications has been submitted in the suburb in the past month alone.

Aligned with the Rose Bay Place Plan 2023–2028, which identifies Wilberforce Avenue as a strategic location for new housing in response to local demographic shifts, Lewin Capital has lodged plans for a new $40 million project, also on Wilberforce. The proposal seeks to deliver 32 apartments, a mix of sizes designed to cater to a broad demographic range, including downsizers and key workers, with both smaller and family-sized units on offer.

<img alt="12 Wilberforce Avenue ROSE BAY NSW" data-entity-type="file" data-entity-uuid="e314fb24-2e53-4808-8411-d6e7c5fee2ea" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Plan%20-%20Photomontage%20-%20DA2025%20449%201%20-%2012-18%20Wilberforce%20Avenue%20ROSE%20BAY%20%281%29.JPG?VersionId=XX.AXChH4Kmv.kOB03suE8lenQ1NlqUe" />

Architecturally, the scheme adopts a measured approach to height and massing, stepping down at the rear to integrate with adjacent residential properties while forming a defined medium-density edge to the Rose Bay Centre.&nbsp;

“The proposed design for 12–18 Wilberforce Avenue, Rose Bay is a well-mannered apartment building in a mid-block position on a quiet street,” the Urban Design Report by <a href="https://www.apartments.com.au/architects/mhn-design-union">MHN Design Union</a> (MHNDU) states.&nbsp;

“It will form part of a new living environment in this highly desirable location.”

Builder-developer HSN Property Group is also bringing density to the same pocket, planning 54 two- and three-bedroom apartments that will also benefit from the recent Low and Mid-Rise Housing Reforms introduced under the NSW Housing SEPP. 14 of the apartments will be dedicated affordable under the SEPP in the $96 million proposal.

“The site’s location and context make it well suited to support a more diverse and sustainable residential offering in the area,” the developer stated in community consultation materials.

<img alt="HSN" data-entity-type="file" data-entity-uuid="2976efc3-db69-4013-84ef-5acc05bc6f66" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-08%20at%201.14.27%E2%80%AFPM.png?VersionId=A35N4_u2HA7uc_eiLAQedcHdsY_L4ywL" /> 
The plans by HSN for 2-16 Spencer St, Rose Bay

The architecture, led by&nbsp;<a href="https://www.apartments.com.au/architects/mhn-design-union">MHNDU</a>, reflects a "contemporary design approach sensitive to the character of&nbsp;<a href="https://www.apartments.com.au/new-apartments/rose-bay-nsw-2029" target="">Rose Bay</a>." Communal amenities will include a wellness area with a pool and sauna, a gym, a wine lounge, and landscaped spaces with barbecue facilities.&nbsp;

Fyve Developments is breaking into the eastern suburbs for the first time with their $32 million new development in Rose Bay. They are planning 19 apartments on Dover Lane.

Designed by PBD, the new project will comprise four two-bed apartments and 15 three-bed units.

<img alt="Fyve" data-entity-type="file" data-entity-uuid="91ec4820-1e05-4598-8d27-9df42234a52c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-08%20at%201.23.42%E2%80%AFPM.png?VersionId=VtH0oa48nJcvXGiXqjbHJvtYY6zWdIC7" /> 
Fyve's plans on Dover Lane.

Luxcon is also back in the suburb, having previously delivered The Aristocrat back in 2020. They have filed plans for 17 three-bedroom apartments on <a href="https://www.apartments.com.au/new-apartments/2-8-cooper-street-double-bay-nsw-2028">Cooper Street</a>.

Fortis wants to deliver <a href="https://www.apartments.com.au/new-apartments/23-31-dover-road-rose-bay-nsw-2029">49 apartments on Dover Road</a>, an $86 million development. That adds to their <a href="https://www.apartments.com.au/new-apartments/10-12-ian-street-rose-bay-nsw-2029">Ian St, Rose Bay development</a>, which they will likely launch next year.

Rose Bay apartment market fires up with $200m in new developments filed

Leading Sydney developer <a href="https://www.apartments.com.au/developers/deicorp">Deicorp</a> has recorded a strong market response at the launch of The Avenues, its $874 million East Zetland precinct.

On its recent launch they sold close to $18 million, predominantly to owner-occupiers, more specifically to families who wanted to be closer to kids and grandkids.

&nbsp;

Apartments sold ranged from $1.8 million to $1.97 million for two bedrooms, and $2.12 million to $2.62 million for three bedrooms.

[smartcode_project:default project_id=146262 project_image_fid=357150]

Located four kilometres from the CBD, <a href="https://www.apartments.com.au/new-apartments/the-avenues-zetland-130-joynton-avenue-zetland-nsw-2017">The Avenues</a> is transforming a 2.87-hectare site into a pedestrian-friendly urban neighbourhood comprising 574 residences across nine buildings designed by <a href="https://www.apartments.com.au/architects/candalepas-associates">Candalepas Associates</a> and <a href="https://www.apartments.com.au/architects/fk-australia">FK</a>.&nbsp;

Surrounded by tree-lined, walkable “avenues”, the precinct’s more than 800 sqm of ground-floor retail brings a lively, Paris-inspired streetscape to the heart of East <a href="https://www.apartments.com.au/developments/zetland-nsw-2017">Zetland</a> and will directly service nearby amenities and the surrounding residential community. 
&nbsp; 
The Avenues will also feature build-to-rent and purpose-built student housing in partnership with Scape, supporting key workers, students and long-term renters in this high-demand corridor.&nbsp;

[smartcode_project:default project_id=146262 project_image_fid=357154]

Deicorp will also contribute more than $16 million to open space improvements, including upgrades to Woolwash and Biyanbing Parks, with The Avenues designed to strengthen pedestrian connections to Green Square Station and Gunyama Park.&nbsp;

Deicorp Founder, Fouad Deiri OAM, said a clear trend was evident, with purchasers driven by proximity to family and lifestyle essentials.&nbsp;

“We’ve seen a clear trend of parents wanting to live close to adult children and students, as well as interstate and international buyers seeking to reconnect with family in Sydney’s inner south,"&nbsp;Deiri said.

“This early sales performance reflects the strength of East Zetland as a connected, high-amenity location and the appeal of homes designed with long-term liveability in mind. Many of these early-stage buyers are repeat Deicorp purchasers, too."

[smartcode_project:default project_id=146262 project_image_fid=357165]

Zetland is one of the top suburbs in Australia to experience an increase in housing density, with its population growing by 24 per cent in as little as three years to over 15,600 residents. According to REA, 197 units were available last month, with over 2300 buyers interested, demonstrating the strong demand for this inner southern pocket of Sydney.&nbsp;

Deicorp’s strong result at The Avenues follows significant spring momentum across its portfolio, with $63 million in combined sales recorded across recent launches for Showground Pavilions in Castle Hill and Falcon &amp; Alexander in Crows Nest.&nbsp;

Construction on The Avenues commenced in June, with the construction period expected to generate 2,700 jobs. Across its portfolio, Deicorp currently has 5,102 apartments under construction, playing a leading role in shaping connected, liveable communities across Sydney.&nbsp;

Its expanding portfolio of Metro-linked developments includes Tallawong Village, Kings Bay Village in Five Dock, Hyde Metropolitan, and Showground Village, all advancing the company’s long-term commitment to creating vibrant, transit-oriented neighbourhoods.&nbsp;

Apartments start from $955k for a one-bedroom, $1.48 million for a two-bedroom, and $2.04 million for a three-bedroom, all with car parking.

[smartcode_project_cta:default project_id=146262]

Family proximity and connectivity fuel $18m in first-day sales at Deicorp’s East Zetland precinct, The Avenues

Leading property developer <a href="https://www.apartments.com.au/developers/abadeen-group">Abadeen</a> has officially completed ENSO, its premium boutique residential development in Neutral Bay Village.

Designed by internationally acclaimed architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a> and built by Credence Constructions, ENSO draws inspiration from the Japanese Buddhist philosophy of the same name, a symbol of elegance, strength and enlightenment.

Comprising of just nine one-, two-, and three-bedroom residences, with a full floor four-bedroom penthouse, <a href="https://www.apartments.com.au/buildings/enso-neutral-bay-34-grosvenor-street-neutral-bay-nsw-2090">ENSO</a> combines sculptural form and refined materiality with a minimalist design language that evokes calm, balance and timeless sophistication.

[smartcode_project:default project_id=109705 project_image_fid=355893]

With the occupation certificate now in hand, Abadeen will soon welcome the first residents into their new residences, perfectly timed for Christmas.

Positioned along Grosvenor Street, which has emerged as one of the North Shore’s most exciting dining and lifestyle destinations, ENSO residents will enjoy a true village experience surrounded by Sydney’s best food, retail and culture. Grosvenor Street is home to brand new restaurants including Bombay Bloomers, Pocket Pizza and Fujitori Yakitori &amp; Sake Bar.&nbsp;

Within a one-minute walk of ENSO, a new retail precinct is introducing a curated line up anchored by Dan Murphy’s, together with Bodylove Pilates and the award winning Wholegreen Bakery. Coles is also close by, adding everyday convenience just minutes from the CBD.

[smartcode_project:default project_id=109705 project_image_fid=355895]

“ENSO represents the next chapter in Neutral Bay’s evolution,” said Justin Brown, Executive Chairman and Founder of Abadeen.

“You have Koichi Takada’s architecture on one side of the street and a vibrant new village scene on the other. It is the meeting point of design, lifestyle and community. This project captures what we value on the Lower North Shore: sophistication with a genuine sense of convenience where people want to live.”

Each residence is crafted with premium finishes, generous floorplans and seamless indoor to outdoor living, embracing Takada’s philosophy of organic, nature inspired design. Interiors are composed of soft, neutral palettes and tactile materials that promote calm and connection.

“This is a proud milestone for Abadeen,” Brown added. “ENSO has been carefully designed and delivered, a true boutique project that reflects our ongoing commitment to elevating the architectural and lifestyle experience across Sydney’s Lower North Shore.”

With construction complete and final residences available, ENSO presents a rare opportunity to move into a brand-new home within an established, connected and increasingly vibrant village community.

[smartcode_project_cta:default project_id=109705]

Staff Writer

Abadeen completes ENSO in the heart of Neutral Bay’s fast-evolving village precinct

Investment Projects

<html><body>
GUEST OBSERVER
The Deloitte Access Economics “Investment Monitor” provides a detailed snapshot of Australia’s investment project pipeline. The database contains details on 1,073 projects valued at $20mn or more, as at June 2016. Here we provide an update of the key results.
Note, the full value of a project is included in the investment pipeline until the project is either completed or deleted. This differs from official estimates of the existing “work pipeline”, which is the value of work yet to be done on a project currently under construction.
The Investment Monitor estimates the total project pipeline to be $822bn at present. That is a $42bn increase on March, reversing declines over the second half of 2015, to be $2bn higher than a year ago.
<a href="/images/2016/08/01/Screen%20Shot%202016-08-01%20at%201.24.38%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/08/01/Screen%20Shot%202016-08-01%20at%201.24.38%20PM.png" alt="">
Significantly, the value of definite projects (those either under construction or committed) rose by $49bn to $431bn, to be $11bn above a year ago but $37bn below the peak of three years earlier.
Potential projects (either under consideration or possible) are valued at $391bn, some $10bn lower than a year ago.
As we have highlighted previously, the project flow is changing course on a stream of new public transport initiatives. That was the clear theme in the latest update.
In June, $39bn of the $49bn increase in total definite projects was explained by public transport initiatives. Following the round of annual state budgets, there are now 29 public transport projects at the committed stage, with a combined value of $44bn, up from 19 with a value of $5bn in March. The transport &amp; storage investment pipeline in total is $231bn, dominated by the public sector, $190bn.
<a href="/images/2016/08/01/Screen%20Shot%202016-08-01%20at%201.26.09%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/08/01/Screen%20Shot%202016-08-01%20at%201.26.09%20PM.png" alt="">
The oil and gas sector accounted for the remaining $10bn increase in definite projects in June, most of which was a $7.6bn cost blow-out on the Inpex Ichthys gas field project to $45bn. Phase 2 of the Greater Western Flank project in the Pilbra WA, valued at $2bn, entered the database in June, at the committed stage, with a 2016 H2 start date.
The mining project pipeline, totalling $382bn, of which $202nd is at the definite stage, will thin considerably when the 5 remaining mega gas projects, with a combined value of $172bn, are completed over 2016 and 2017, with potential slippage into 2018.
The non-mining investment pipeline (excluding transport and ex the $44bn NBN), is $165bn, unchanged over the past two years. Of that, $80bn are definite projects, up $2.4bn on mid-2015. Notably, the investment pipeline of accommodation projects, with the low AUD boosting tourism, is valued at $23bn and while that is unchanged on a year ago there has been some transition to the definite stage, up $3bn over the year to be $5.6bn.
<a href="/images/2016/08/01/Screen%20Shot%202016-08-01%20at%201.27.11%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/08/01/Screen%20Shot%202016-08-01%20at%201.27.11%20PM.png" alt="">
Mining projects
The mining sector project pipeline is valued at $382bn currently, a $22bn partial rebound on March but still $22bn lower than a year earlier and well below the $478bn peak at end 2012. (Note, mining-related projects can be included in other sectors, e.g. transport &amp; storage.)
The 5 mega gas projects under construction are together worth $172bn. By LNG projects: Gorgon, $61bn, which moved to the start-up phase in the first half of 2016, is to be fully completed by late 2016; Origin’s Australia Pacific LNG $25bn project, Qld, second production train is expected to start production in Q4 2016; Wheatstone, $29bn LNG project in the Pilbara WA, start- up has been delayed to mid-2017; Prelude, $12bn floating LNG platform, Kimberley WA, 2017 start-up potentially delayed to 2018; and Ichthys $45bn project, NT, second half of 2017.
As to oil and gas projects currently under construction, while the combined full project value is $179bn, the pipeline of work outstanding is $35bn, as estimated by the ABS (for March).
Excluding the 5 mega gas projects, the mining project pipeline is: $210bn in total, of which $30bn is definite, $94bn is under consideration and $86bn is possible. The commodity price slump over recent years raises doubts as to how many of these potential projects will proceed near-term.
<a href="/images/2016/08/01/Screen%20Shot%202016-08-01%20at%201.28.19%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/08/01/Screen%20Shot%202016-08-01%20at%201.28.19%20PM.png" alt="">
Transport &amp; storage, public projects
Transport projects in the public sector was a key mover in the June quarter, following the recent round of annual state budgets. Notably, the state government’s have found the capacity to lift public investment, a much needed development.
Transport &amp; storage projects in total are valued at $231bn in June, dominated by the public sector, at $190bn. Looking back over recent years, the public transport investment pipeline initially rebounded in 2013; moved higher in 2014; marked time in 2015; and jumped in June 2016, up $24bn on three months ago. By stage, the public transport pipeline is: $51bn under construction (unchanged from 3 months ago); $44bn committed (+$39bn); $62bn under consideration (–$2bn); and $33bn possible (–$12.5bn).
<a href="/images/2016/08/01/Screen%20Shot%202016-08-01%20at%201.29.57%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/08/01/Screen%20Shot%202016-08-01%20at%201.29.57%20PM.png" alt="">
Relative to a year ago, the definite projects pipeline is up $44bn, with gains by state of: NSW, +$17bn to $51bn; Victoria, +$15bn to $21bn; Qld, +$7bn to $13bn; WA, +$2bn to $6bn; and SA, +$2.5bn to $2.7bn. Of note, advancing to the definite stage were: in NSW: Sydney Metro stage 2, $12bn; Pacific Highway upgrade Woolgoolga to Ballina, $4.4bn; in Victoria: CityLink upgrade, $1.3bn; Melbourne Metro, $11bn; Dandenong Rail Corridor, $1.6bn; in Qld: new generation rollingstock &amp; Wulkuraka maintenance centre, $4.4bn; Toowoomba second range crossing, $1.6bn; in WA: Forrestfield Airport Rail Link, $2bn; NorthLink WA, $1.1bn; and in SA: five road projects, with a combined value of $2.5bn.
<a href="/images/2016/08/01/Screen%20Shot%202016-08-01%20at%201.31.03%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/08/01/Screen%20Shot%202016-08-01%20at%201.31.03%20PM.png" alt="">
Public transport projects under consideration are: in NSW, $23bn, including a second tunnel under Sydney harbour, $10.4bn + $4.5bn; Western Sydney light rail, $2.9bn; and Western Sydney airport, $2.5bn; in Victoria, $13bn, including $5.5bn North-Esat (missing) link; and $5.5bn, Western Distributor; in Qld, $9bn, incl’ Brisbane underground train/bus terminal, $5bn; in WA, $5bn, including Perth Freight Link, $1.9bn and Perth light rail, $1.9bn; and there is also the $10bn Melbourne to Brisbane inland rail link.
<a href="/images/2016/08/01/Screen%20Shot%202016-08-01%20at%201.31.10%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/08/01/Screen%20Shot%202016-08-01%20at%201.31.10%20PM.png" alt="">
 Andrew Hanlan is senior economist for Westpac and can be contacted <a href="https://www.westpac.com.au" target="_blank">here</a>. 
</body></html>

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