The Victorian Government has secured the passage of the Building Legislation and Treasury Legislation (Tax Relief) Amendment Bill 2026, introducing a suite of reforms aimed at improving consumer protection and confidence in the apartment market.

Resilience Insurance, Australia’s leading Latent Defects Insurance (LDI) provider, has welcomed the move.

The LDI elements of the Bill passed with bipartisan support and now moves to the Legislative Council where debate and passage are expected later this month. It represents a significant milestone in the national shift toward stronger, longer-term protection for apartment buyers.&nbsp;

The reform would deliver practical benefits across the housing system. Apartment owners will have stronger protection if major defects emerge, developers and builders will have a clearer quality framework to work within, and the State will reduce the risk of serious building failures becoming a long-term financial and social burden for households, communities and government.&nbsp;

LDI helps support apartment delivery while providing stronger protection for buyers and encouraging better construction outcomes.&nbsp;

Resilience LDI provides apartment owners with 10 years of insurance-backed cover for major structural defects from completion, with direct claim access to the insurer. This means owners are not required to first pursue developers or builders through costly legal action before accessing protection.&nbsp;

Resilience Insurance has been operating in Australia since 2022 and has already insured hundreds of development projects covering many thousands of apartments across Australia.&nbsp;

At approximately 1.8 per cent of build cost, it is a cost-competitive alternative to the traditional two per cent Strata Bond, bond while delivering significantly broader and longer protection.&nbsp;

“The Victorian Lower House vote shows that reforms like this succeed when they are practical, evidence-based and supported by industry," says Corey Nugent, CEO of Resilience Insurance.

"Victoria is moving quickly on a reform that will make a real difference for apartment buyers, while supporting better building outcomes and greater confidence in apartment delivery.

“This is step one. We look forward to the Bill completing its passage through the Legislative Council and to working with government and industry to implement the framework effectively.”&nbsp;

Fast Facts: What is Resilience LDI?&nbsp;

<ul>
	<li>Resilience Latent Defects Insurance (LDI): Covers major structural defects for 10 years from completion.&nbsp;</li>
	<li>Consumer-first: Direct claim access, no need for lengthy legal action.&nbsp;</li>
	<li>Cost advantage: At approximately 1.8% of build cost, LDI is typically priced below the traditional 2% Strata Bond while offering broader protection.&nbsp;</li>
	<li>Market leader: Resilience Insurance is the first approved LDI provider in NSW.</li>
</ul>

The Building Legislation and Treasury Legislation (Tax Relief) Amendment Bill 2026 has passed the Victorian Lower House, putting Victoria on track to become the first state to legislate an industry workable LDI framework as a formal alternative to the Strata Building bond. 

Joel Robinson

10-year Latent Defects Insurance for new apartment buyers set to land in Victoria

Just a few months after acquiring a prime Broadbeach site on the corner of First Avenue and Surf Parade, family-run developer <a href="https://www.apartments.com.au/developers/raptis">Raptis</a> has filed fresh plans for a new apartment development.

Raptis is seeking to deliver a <a href="https://www.apartments.com.au/new-apartments/17-19-first-avenue-broadbeach-qld-4217">29-storey tower with 73 apartments</a> on the 818 sqm site. It will be the developer's seventh project in the suburb, as they are approaching completion of The Sterling on George Avenue.

There will be a pool, barbecue and outdoor dining area, residents lounge and dining, sauna and steam room, gym, and a Yoga and Pilates studio.

<img alt="Raptis" data-entity-type="file" data-entity-uuid="b554da3f-7344-49aa-b1c9-44cf459af0d7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-05%20at%2010.41.45%E2%80%AFAM.png?VersionId=zzjWu1iO1wnuYv4EV4fyOyf5nSXjGYut" />

Raptis Joint Managing Director, Evan Raptis, says they remain&nbsp;committed to developing quality infill sites across the Gold Coast in the lead-up to the 2032 Brisbane Olympics.

"This project continues our long track record of delivery in Broadbeach, and we look forward to bringing another premium development to this thriving precinct."

The announcement follows strong delivery momentum for Raptis, with The Sterling Broadbeach nearing completion and construction well underway on the final stage of the Waterpoint community adjacent to Harbour Town. The developer's continued investment in the Gold Coast reflects confidence in the region's apartment market fundamentals, underpinned by sustained Southeast Queensland population growth.&nbsp;

The outlook for the region is further bolstered by infrastructure investment tied to the Brisbane 2032 Olympic Games, which is expected to drive continued economic and population growth across the SEQ corridor.&nbsp;

Subject to a favourable response from Gold Coast City Council, construction on the new First Avenue tower is targeted to commence before the end of 2026.&nbsp;

Read more:&nbsp;<a href="https://www.apartments.com.au/news/qld/it-s-all-in-the-family-four-decades-later-raptis-continues-to-shape-the-gold-coast-skyline">It’s all in the family: Four decades later, Raptis continues to shape the Gold Coast skyline</a>

Read more: <a href="https://www.apartments.com.au/news/qld/raptis-secures-prime-surf-parade-site-for-next-broadbeach-apartment-development">Raptis secures prime Surf Parade site for next Broadbeach apartment development</a> 
&nbsp;

Gold Coast developer brings seventh Broadbeach project to market, targeting construction commencement before year end

First look: Raptis lodges plans for new 29-storey Broadbeach tower 

Brisbane development veteran Kevin Seymour's Seymour Group is set to deepen its presence on one of Brisbane's most tightly held riverfront addresses, lodging revised plans for a luxury apartment development on Oxlade, just a few doors down from The Oxlade, which it completed in 2024.

The <a href="https://www.apartments.com.au/new-apartments/70-72-oxlade-drive-new-farm-qld-4005">new project at 70-72 Oxlade Drive</a>, directly north of The Oxlade, will have 27 apartments across a seven-storey building&nbsp;overlooking the Brisbane River and Merthyr Park. It's a revision from a 2021-approved design.

Designed by bureau^proberts, the project has evolved from the previously approved 26-apartment scheme, introducing an additional penthouse level while maintaining a low-density, boutique character. The development will comprise 26 three-bedroom apartments and a single four-bedroom penthouse, supported by two basement levels with 86 car spaces and 34 bicycle spaces.

The architectural response is centred around two distinct building forms separated by a landscaped open-air atrium.&nbsp;"This dual composition captures and embraces Brisbane’s subtropical environment whilst breaking down built form and scale," the submission to the Brisbane City Council noted.

<img alt="First look: Seymour Group returns to Oxlade Drive with revised riverfront apartment plans in New Farm" data-entity-type="file" data-entity-uuid="c12d84d0-bc11-4067-b46f-5bd2d786a34d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/new%20farm%20landscape.png?VersionId=YEPc2k5CAdh6aAPlu4uVpgZadh4MEfRd" />

A defining feature of the design is a deep landscaped void running through the centre of the building, creating what bureau^proberts describes as a "natural ravine" that enhances airflow, daylight penetration and resident amenity. The design report notes that the separation of the two building volumes is intended to maximise natural light, cross-ventilation and outlook while strengthening connections to the surrounding riverfront setting.

Curved balcony edges, integrated planting and extensive landscaping throughout the façade reinforce the subtropical design approach. The building's façade is softened by elevated gardens and planter beds, creating a green edge that complements the established landscape character of Oxlade Drive and neighbouring Merthyr Park.

New Farm has become one of Brisbane's most sought-after suburbs for developers delivering premium downsizer-focused apartments.

GRAYA has been particularly active in the precinct, completing both Chalk and York in recent years, while construction of Moray House, being delivered for Spyre, is now nearing completion. Architect-turned-developer Joe Adsett recently launched <a href="https://www.apartments.com.au/new-apartments/arcilla-new-farm-by-joe-adsett-28-maxwell-street-new-farm-qld-4005">Arcilla on Maxwell Street</a>, an exclusive collection of just nine apartments.

First look: Seymour Group returns to New Farm's Oxlade Drive with riverfront apartment plans

A new residential tower will be the first piece of a broader mixed-use precinct set to reshape a prominent Newcastle West site, with local developer <a href="https://www.apartments.com.au/developers/gwh">GWH</a> bringing its <a href="https://www.apartments.com.au/new-apartments/cambridge-quarter-newcastle-west-12-denison-street-newcastle-west-nsw-2302">Cambridge Quarter</a> vision to market.

The first release, Tempo, will introduce 87 apartments across a 24-storey tower, marking Stage 1 of the residential component of a larger urban regeneration project planned for the western end of Newcastle's city centre, encompassing the former Cambridge Hotel site.

Positioned on Denison Street, Tempo has been designed as the inaugural building within Cambridge Quarter, a precinct that will ultimately combine apartments, retail activation and revitalised public spaces including the revamping of the Cambridge Hotel.

[smartcode_project:default project_id=135876 project_image_fid=368853]

The tower will comprise a mix of one, two and three-bedroom apartments, including layouts with multipurpose rooms, catering to a broad cross-section of owner-occupiers. Apartment sizes range from around 60 sqm to 192 sqm, with a number of residences oriented to capture views across Newcastle Harbour, the city skyline and coastline.

GWH has emphasised liveability in the design, with open-plan layouts extending to generous balconies and terraces. Residents will have a choice of two interior palettes, while specifications include engineered stone benchtops, SMEG appliances, full-height bathroom tiling and secure building access. Premium upgrade packages will also be available.

Multiple rooftop resident retreats will provide communal outdoor space overlooking the harbour and city, offering an elevated amenity layer above the activity of the precinct below.

[smartcode_project:default project_id=135876 project_image_fid=368851]

The broader Cambridge Quarter vision extends beyond the residential tower itself. Ground-level retail activation and landscaped public areas are planned throughout the precinct, creating a walkable neighbourhood environment connected to the surrounding renewal of Newcastle West. The Cambridge Hotel is also earmarked for future redevelopment into a family-friendly hospitality venue integrated with the new precinct.

The project is strategically positioned within walking distance of Newcastle Interchange, providing access to light rail, regional rail services and direct connections to Sydney. Residents will also be close to Honeysuckle, Newcastle Harbour and the city's beaches and coastal walkways.

[smartcode_project:default project_id=135876 project_image_fid=368852]

For GWH, Cambridge Quarter represents one of its most significant Newcastle developments to date. The locally based developer, which has operated in the Hunter region since 1995, describes the project as a new chapter in the ongoing transformation of Newcastle West.

GWH Executive Director Jonathan Craig said the project had been shaped by a focus on creating lasting community connections.

"We take pride in creating places that last. Spaces where people feel connected, comfortable and a genuine sense of belonging," Craig said.

"Cambridge Quarter is something we are truly proud of, a place shaped by local knowledge, built with care and designed to be part of Newcastle's next chapter."

[smartcode_project_cta:default project_id=135876]

GWH unveils first release at landmark Cambridge Quarter precinct in Newcastle West

<a href="https://www.apartments.com.au/developers/ss-projects">S&amp;S Projects</a>,&nbsp;Rainbow Bay's busiest developer,&nbsp;has officially lodged plans for the largest development in its booming local portfolio, seeking approval for a further 88 apartments on Boundary Street.

The proposal&nbsp;at <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">209–213 Boundary Street, Coolangatta</a>,&nbsp;marks the next chapter in the developer's transformation of the southern Gold Coast beachside precinct. It will be its fifth in the area, having already delivered Flow, Awaken and Esprit, while construction continues on the 38-apartment Radia. The new project would rise 57 metres above a consolidated 1,518 sqm site, on the same street as Radia and Esprit.

&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, the proposed development comprises 88 two and three-bedroom apartments across a contemporary podium-and-tower form that integrates extensive landscaping from street level through to the rooftop.

The tower would be delivered above a basement and multi-level podium accommodating resident and visitor parking, with the residential component commencing from level three. The design incorporates cascading planting throughout the façade, landscaped podium edges, and deep planting zones along the Boundary Street frontage.

<img alt="First look: S&amp;S Projects lodges plans for 88-apartment wellness tower at Coolangatta's Boundary Street" data-entity-type="file" data-entity-uuid="677e6615-b5c0-4b6c-b4f9-efb14fcde1a6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ss%20da%20pers.png?VersionId=YOnPKQm7IFXv0M5H326djEpxk80500Hi" />

A key feature of the development is its expansive rooftop wellness and recreation precinct. Plans reveal a resort-style pool deck, gymnasium, sauna, steam room, hot and cold plunge pools, rooftop terraces, barbecue areas and landscaped relaxation spaces positioned to capture views across the southern Gold Coast coastline.

The rooftop wellness focus builds on the vision S&amp;S Projects first outlined when it acquired the site for $20.25 million last year.

"We are taking every advantage to create a truly unique rooftop wellness experience with a natural feel for residents, offering stone features throughout and an underlying theme that emulates a botanical garden," S&amp;S Projects founder and director Paul Gedoun said at the time.

The proposal seeks a 57-metre building height, representing a 50 per cent uplift on the site's mapped 38-metre height limit. Planning documents argue the additional height is consistent with recently approved and emerging towers in the immediate Boundary Street and Rainbow Bay precinct.

Urbis, acting as planning consultant, said the development would provide "88 dwellings, comprising a mix of two and three-bedroom apartments, contributing to housing choice and supply within an established medium to high-rise coastal urban neighbourhood."

The scheme has undergone extensive pre-lodgement consultation with the City of Gold Coast, with the design refined following feedback relating to architectural expression, landscaping, traffic access and podium treatment.

<img alt="S&amp;S" data-entity-type="file" data-entity-uuid="0a2d70fd-62ac-4b83-97c6-b798fc1243dd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-05%20at%209.16.31%E2%80%AFAM.png?VersionId=yHmghUwKM3IVGpBktQU1mE.0Lpf3WimG" />

The architectural team is led by Brisbane-based Cottee Parker, one of Australia's most active residential design studios, with landscape architecture by Dunn + Moran. The consultant team also includes ADG Engineers, Windtech and Acoustic Works.

S&amp;S Projects has become one of the most influential private developers operating on the southern Gold Coast. Since entering Rainbow Bay in 2022, the company has assembled a portfolio exceeding $1 billion in end value, establishing itself as a key player in the area's evolution into a premium apartment destination. Pezet Matheson will again handle the sales for S&amp;S.

Coolangatta is entering another wave of apartment development, following the delivery of several prominent residential projects in recent years.

John Kearney's Immerse Projects will launch&nbsp;<a href="https://www.apartments.com.au/new-apartments/kaiya-kirra-beach-5-haig-street-coolangatta-qld-4225">Kaiya on Haig Street</a>&nbsp;soon, meanwhile, Palm Beach-based Sherpa Property Group is preparing to bring its debut Coolangatta development, <a href="https://www.apartments.com.au/new-apartments/flourish-viver-87-griffith-street-coolangatta-qld-4225">Flourish Viveré</a>, to market later this year, subject to approvals.

First look: S&S Projects proposes 88-apartment wellness tower at Coolangatta's Boundary Street

Melbourne Airport Rail Link

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Melbourne Airport's owner and operator, Australian Pacific Airports Corporation, has released a preliminary draft for its 2018 Airport master plan that once approved is set to guide the ongoing development of the airfield, terminals, ground transportation and other precincts it controls over the next 20 years.

Every 5 years the current master plan needs to be updated and in the 2018 preliminary draft - which will now enter a public exhibition phase in which members of the public can comment on as is the nature of every airport master plan since privatisation, it builds on the previously approved plan and the fundamental airfield (runway) design has not changed since the 1990-era joint Federal and State Government Melbourne Airport Strategy. 

Melbourne's third runway development has its own <a href="https://www.melbourneairport.com.au/Corporate/Planning-projects/Projects/Runway-Development">planning and consultation framework</a> under development and 2018 draft master plan assumes the full development of the third runway, new taxiways and apron areas will be complete by 2023. 

A key difference between the 2013 master plan and the 2018 draft is the creation of a 5th terminal to the south of terminal 4 - diagrams in the 2013-era documents show a mixture of passenger and freight terminals, the 2018 draft documents show passenger terminals only.

Likewise, a new addition and key change from the 2013 master plan is that in the long-term development concept (beyond 2038), a sixth terminal would be built in the centre of all four runways, near where the air traffic control tower are located.

In a full build-out scenario, terminals 1 (Qantas), 2 (International), 3 (Virgin), 4 (Low-cost), 5 (2018 draft plan terminal) would have the capacity to move 80 million people per annum.  

The airport operator is expecting Melbourne Airport's airfield to be able to handle up to 100 aircraft movements per hour once the third runway is open when the airfield is running in parallel runway mode - up from 60 aircraft per hour under crossing runway modes which currently dominate airfield operations at present.

On top of the third runway development - or Runway Development Program as the operator refers to it - a spokesperson for APAC confirmed there are multiple projects at various stages of design, planning and consultation.

The Melbourne Airport Rail Link has an active study underway but separate from that a project to transition all private vehicles away from the front of the terminals into a dedicated pick-up/drop-off hub to make way for commercial vehicles is also underway. 

Originally the private vehicle transition project was set to get underway sometime next decade but has been fast-tracked due to general growth in passengers and therefore private and commercial vehicles using the airport.

The 2018 draft master plan is now in public exhibition and can be viewed <a href="https://my.melbourneairport.com/masterplan">here</a>.  Community members can ask a question or make a submission through the <a href="https://my.melbourneairport.com/masterplan">My Melbourne Airport website</a>.  The deadline for submissions is the 5th of October.

The master plan will be transmitted to the Federal Transport Minister for approval in December 2018.

Lead image credit: Melbourne Airport.
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Alastair Taylor

Melbourne Airport releases its 2018 draft master plan

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It was a case of <a href="/news/forget-carnegie-murrumbeena-the-real-expense-in-expanding-the-dandenong-corridor-lies-elsewhere">hold your horses earlier today</a>.  A state election is around the corner and Melbourne's favourite infrastructure story honeypot is producing the goods but before the media frightens the locals, a much bigger issue needs to be sorted before anyone commits to property acquisitions in the level crossing removal zones.

The Rail Futures Institute's (RFI) 'Airtrain' concept has been profiled on Apartments.com.au and elsewhere and if you're reading about it for the first time, RFI is an advocate for an infrastructure future which sees a shift to rail when it comes to transporting ourselves around Melbourne.

The Airtrain concept builds on previous public studies that have identified the 'Albion corridor' - an existing rail route that sees freight and standard gauge passenger trains to Albury and Sydney run out to Sunshine then turn back to Broadmeadows - as the best route to get an airport rail line up and running in Melbourne.

RFI's difference is their focus on speed and the railway line hosting both metro and regional passenger services on its own corridor.  To get speed you need to remove obstacles and the Airtrain concept sees liberal use of tunnels to do just that.

There is a joint state and federal business case being conducted as we speak and the Prime Minister is reported to have said he wants to see it get done quickly so the $5 billion the Federal Government has promised to spend on an airport rail link can be put to use.  Recent <a href="https://www.heraldsun.com.au/news/victoria/melbourne-airport-rail-link-preferred-route-emerges/news-story/a72dd26f055f8fb991a8d11544bbd2fe">reports</a> suggest the Albion corridor via Sunshine route is the frontrunner but whether city &amp; regional-focused Airtrain concept is what the business case has in mind will not be known until it is publicly released.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/rfi_airtrain_0.png" rel="gallery-all" title="The Airtrain concept - image: RFI"><img alt="" class="image-article-full-width-580px" height="409" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/rfi_airtrain_0.png?itok=OVVqrL8p" title="The Airtrain concept - image: RFI" width="580"></a>

<figcaption>The Airtrain concept - image: <a href="http://www.railfutures.org.au/wp-content/uploads/2018/06/180530-Airport-Brochure_v7.pdf">RFI</a></figcaption></figure><h2>Extending the concept to the south-east</h2>

An extension of the logic contained within the Airtrain concept - new track either on the surface or in tunnels - could be one solution to providing a new corridor for express, regional and freight services to and from the south-east.

I have my colleague Laurence Dragomir to thank for the idea of centring any new fast line to the south-east on Southern Cross as he wrote back in <a href="/news/all-roads-lead-to-southern-cross-station">April</a>.

Southern Cross station would be expanded underground, to the west of the main station buildings and platforms in the Wurrndjeri Way median.  There would be two levels of platforms, much like the existing City Loop stations with Melbourne Metro 2 platforms on one level and the Airtrain/South East fast line platforms on the other.

The Airtrain tracks would enter a tunnel just north of Southern Cross Station's neck (Dudley Street) and then join with the station box.  The track would then continue south-southeast under the Yarra and then head directly for Caulfield where the tracks would then come back to the surface.

From Caulfield the tracks would run in parallel with the existing skyrail corridor and pass around the outside of each of the new stations - they're express tracks, no need to build platforms at them - this is a pattern that would be repeated in the other skyrail sections or on the surface through such stations such as Huntingdale, Westall, Sandown Park, Yarraman. 

The only existing stations that would see new platforms (for the express tracks) are Caulfield, Clayton and Dandenong.  The two express tracks would continue, built around the stations at Hallam, Narre Warren and Berwick where the four tracks would become two in a high-speed junction in between Berwick and Beaconsfield stations.

You'll need to zoom in on the map below, however back around North Melbourne, a connection to the docks would be made before the airtrain tracks head south of Dudley Street and a connection to the Frankston line would be built.

In both instances, this is to facilitate freight trains using the tunnel, specifically, the Port Rail shuttle concept: it needs a connection at the Port, the Frankston line and a connection beyond Dandenong to the Cranbourne line.  This would shift freight completely away from the slower inner-city traffic.

<iframe frameborder="0" height="480" scrolling="no" src="https://www.google.com/maps/d/u/2/embed?mid=1ivwaYdubpUKboGeS4flF2bRIr4MYWntr" width="100%"></iframe>

<h2>The operations</h2>

Like with the Airtrain concept, the new tunnel and surface tracks between Caulfield and Berwick would be used for metro, regional and freight uses.

By linking the Airtrain tracks with the South-East fast line, we've created a path that could see the Bendigo and Gippsland lines 'joined' in an operational sense - a train starting in Bendigo/Echuca/Swan Hill would travel all the way through to Traralgon/Bairnsdale/Sale and vice versa.

The regional stopping pattern within metropolitan areas would be Melbourne Airport, Southern Cross, Clayton (for Monash NEIC), Dandenong, Pakenham.

The airport shuttles, which RFI says will run every 10 minutes, would simply extend all the way to Pakenham. A turnback/third platform built at Southern Cross on the Airtrain/South-east level can be used for balancing the needs of Pakenham commuter services (i.e run more trains to Pakenham in peak per hour than all the way through to the airport).

Stopping pattern for metro services would be Pakenham all stations to Dandenong, Clayton, Caulfield, Southern Cross, Sunshine, Melbourne Airport and return.  Cranbourne/Dandenong/Westall services would simply operate all stations to Caulfield then to Domain into the Metro 1 tunnel.

If we use the <a href="/news">2013 Network Development Plan</a> as a guide for frequencies, Pakenham &amp; Gippsland will eventually need paths for 10x metro trains and 2x regional trains per hour in peak.  The Airport line from the NDP shows 6x trains per hour - and the Airtrain concept calls for the same amount per hour - with terminating platform at Southern Cross, Pakenham metro services can increase without running trains all the way from the Airport.

With approximately 12x per hour in peak - if we use the NDP as a guide - there is both scope for increases in both metro and regional and no doubt enough space to run an hourly freight, even in peak hour.

Lead image credit: <a href="https://www.facebook.com/levelcrossings/photos/a.1989028387838503.1073741905.843601892381164/1989033024504706/?type=3&amp;theater">Level Crossing Removal Authority</a>.
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Extending RFI's Airtrain concept to the south-east

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It's budget season! 

Laurence and I discuss the tsunami of transport initiatives announced during the week including City of Melbourne's transport strategy, the new light rail line to Chadstone, Monash and Rowville as well as the Melbourne Airport Rail Link.

 

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Melbourne Airport Rail Link

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