<a href="https://www.apartments.com.au/developers/pitard-group">Pitard Group</a> has officially opened the doors at EVA Elsternwick Village Apartments, delivering a collection of move-in ready residences in one of Melbourne’s most tightly held neighbourhoods.

With only a limited number of residences remaining, <a href="https://www.apartments.com.au/buildings/eva-elsternwick-village-apartments-241-glen-huntly-road-elsternwick-vic-3185">EVA</a> presents a rare opportunity to secure a completed apartment in the heart of <a href="https://www.apartments.com.au/developments/elsternwick-vic-3185">Elsternwick</a>, situated on the coveted Glen Huntly Road.

Comprising 101 residences across a mid-rise building, EVA offers a mix of spacious two- and three-bedroom apartments. Community feedback on Apartments.com.au consistently highlights the project’s quality finishes and well-resolved floorplan design.

Created in collaboration with <a href="https://www.apartments.com.au/architects/via-architects">VIA Architects</a>, the project reflects a design ethos centred on resident experience and contextual sensitivity. Each apartment has been crafted with an emphasis on natural light, practical functionality, and acoustic performance.

[smartcode_project:default project_id=93073 project_image_fid=357527]

Interiors channel a subtle Hamptons aesthetic, with engineered timber flooring, high ceilings, and soft, neutral finishes. Kitchens are appointed with ILVE European appliances, shaker-profile cabinetry, and stone benchtops, while bathrooms continue the same refined, understated palette.

Pitard Group, who also delivered the construction through their in-house team, has prioritised acoustic insulation through double glazing and noise-reducing materials - a quality noted by early residents and buyers alike.&nbsp;

Private outdoor space is a hallmark of each apartment, whether in the form of a balcony or sun-filled terrace. Many residences enjoy bay or city views, with floorplans that prioritise indoor-outdoor flow and functional layouts. Thoughtful inclusions such as Euro laundries, study zones, and abundant storage ensure the apartments are equally suited to downsizers and professionals seeking quality and low-maintenance living.

[smartcode_project:default project_id=93073 project_image_fid=357526]

EVA’s amenity offering extends beyond the apartments. A rooftop terrace, complete with in-built BBQs and panoramic views across Port Phillip Bay and the Melbourne skyline, invites residents to relax or entertain in style.&nbsp;

A fifth-floor residents lounge, with north-eastern orientation and floor-to-ceiling glazing, offers an ambient retreat enhanced by kitchen and bathroom facilities.&nbsp;

Ground-floor retail and dual lifts add further convenience, while basement car parking with secure storage rounds out the amenity offering.

[smartcode_project:default project_id=93073 project_image_fid=357529]

As a move-in ready address, EVA also benefits from its exceptional location. Just 130 metres from Elsternwick Station and within walking distance of tram and bus links, it places residents minutes from the CBD and the bay.&nbsp;

The surrounding neighbourhood is a cultural and culinary hub, with institutions like Attica and Bang Bang nearby, as well as daily essentials within easy reach.&nbsp;

Green spaces including Elsternwick Park and Rippon Lea Estate offer a sense of retreat, while top-tier schools and health services add to the suburb’s appeal.&nbsp;

Completed and ready to move in, EVA Elsternwick Village Apartments offers two-bedroom residences from $899,000.

[smartcode_project_cta:default project_id=93073]

Staff Writer

Inside EVA: Pitard Group’s completed Elsternwick apartments

Longstanding local builder-developer&nbsp;<a href="https://www.apartments.com.au/developers/gwh">GWH</a> has broken ground on its flagship Newcastle West development, ERA,&nbsp;signalling a significant step forward for what will become the city’s tallest residential address.&nbsp;

The milestone marks the beginning of construction on the 266-apartment project, which GWH describes as a defining moment in its continued growth across the region.

<a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> has been more than two years in planning, shaped through collaboration with financier Qualitas and its design project partners from&nbsp;<a href="https://www.apartments.com.au/architects/fk-australia">FK Australia</a>&nbsp;and&nbsp;<a href="https://www.apartments.com.au/landscape-architect/oculus">OCULUS</a>.

Before the first sod was turned, over 50 per cent of the building has been snapped up,&nbsp;a sign of buyer confidence in both the development itself and inner-city Newcastle more broadly.

[smartcode_project:default project_id=135096 project_image_fid=351103]

Positioned on Bull Street in Newcastle West, the dual-tower project will introduce 266 one, two and three-bedroom apartments, supported by more than 2,000 sqm of resident amenity including a podium pool deck, gym, sauna, cinema room and two rooftop terraces with harbour and ocean views.

Designed by FK Australia, ERA aims to set a new benchmark for urban living in Newcastle. The architecture positions the towers as a new marker on the city skyline, while the interiors emphasise daylight, generous glazing and modern finishes. Large balconies, thoughtful storage and contemporary kitchens cater to the growing owner-occupier demand in the CBD.

[smartcode_project:default project_id=135096 project_image_fid=351104]

GWH says ERA represents “continued momentum for GWH, continued investment in our region, and continued delivery of projects that raise the benchmark for quality and liveability.”&nbsp;

ERA’s location in the city’s west end, within walking distance of the harbour, the Newcastle Interchange, Honeysuckle dining precinct and the University of Newcastle’s city campus, positions it well for professionals, downsizers and investors seeking both connection and long-term value.

[smartcode_project:default project_id=135096 project_image_fid=351106]

The developer will also construct the project, supported by the Hunter Construction Group, adding an additional layer of certainty for purchasers.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/building-from-the-ground-up-gwh-takes-fully-integrated-development-model-to-new-heights">Building from the ground up: GWH takes fully-integrated development model to new heights</a>

Buyers will also be buoyed with the fact GWH has taken out the&nbsp;coveted 10-year Latent Defects Insurance policy on ERA, one of the only new developments under construction in the region with the new cover.

Offered by <a href="https://www.apartments.com.au/news/resilience-latent-defects-insurance">Resilience Insurance</a>, LDI is a first-right insurance product that protects purchasers from structural or waterproofing defects within the first 10 years after completion. Geron Property's adoption of the policy aligns with broader industry movement toward more rigorous assurances and supports buyer expectations around long-term asset performance.

With construction now officially underway and pre-construction pricing still available, the East Tower release offers a selection of remaining two and three-bedroom apartments priced from $980,000 to $2.56 million.&nbsp;

Completion is anticipated for early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

GWH commences construction at ERA Newcastle, the city's tallest two buildings

Construction at Megara's new North Fremantle apartment development,&nbsp;<a href="https://www.apartments.com.au/new-apartments/serai-north-fremantle-21-mccabe-street-north-fremantle-wa-6159">Serai</a>, has reached a new milestone.

Buyers now have a chance to walk through a completed apartment, ahead of construction completion in early 2026.

The update marks a significant step for the 98-residence development on McCabe Street, where remaining apartments and townhomes continue to be secured by buyers seeking a low maintenance, lock-and-leave lifestyle, especially those seeking an ocean or river view with only a few of those apartments left.

Demand has remained steady among buyers living within 10 to 15 kilometres of <a href="https://www.apartments.com.au/developments/north-fremantle-wa-6159">North Fremantle</a>, largely long-term locals looking to transition from family homes without compromising on space, privacy or outlook.&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=186202]

A completed three-bedroom apartment now offers the clearest preview yet of Serai’s interiors, river views and layout efficiency, with buyers responding strongly to its level of finish and indoor–outdoor connection.&nbsp;

“Many have commented on the quality of the fittings and the spaciousness of the living areas,” Megara's Stephen Vitale noted.

<a href="https://www.apartments.com.au/developers/megara">Megara</a>’s decision to pursue the elevated <a>North Fremantle</a> site followed two years of targeted acquisition work. Perched between the river and the ocean, the position was selected for its panoramic views and proximity to dining, boutique retail and transport connections.&nbsp;

“This exceptional location was meticulously chosen for its unrivalled outlooks and its access to the lifestyle that defines the area,” Megara Director Jamie Clarke said.&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=186197]

The brief to architect Felipe Soto centred on expressing those views through a sculptural building form, a direction influenced by the Amalfi Coast and the local coastal landscape.&nbsp;

The project comprises 87 apartments and 11 townhouses, with one-bedroom residences already sold out and only limited two-bedroom layouts remaining. Three-bedroom apartments start from $1.995 million, townhouses from $2.75 million, and penthouses from $3.95 million.&nbsp;

Buyers are also moving to secure residences ahead of the government’s 37.5 per cent stamp-duty concession (capped at $50,000), which applies for eligible purchases within the timeframe.&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=186198]

Amenity remains a key differentiator at Serai and a consistent point of discussion among those comparing local options.

Health and lifestyle-focused spaces, including a gym and yoga studio, sauna and steam room, heated pool with cabanas, and a fire-pit lounge, are complemented by an outdoor cinema, games room, dining spaces and a maker’s studio. Secure bike and watercraft storage, washdown areas and EV charging cater to the active coastal lifestyle that defines North Fremantle living.&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=186200]

For many purchasers, the combination of design, amenity and early delivery has been decisive.

“People are purchasing at Serai for the river and ocean views, the prime location within close proximity to the beach, and because they don’t have to wait,” Vitale added, noting that move-in is now less than a year away.&nbsp;

As Megara continues construction toward completion, the opening of the finished apartment provides prospective buyers with a tangible view of life at Serai, clarity that is proving influential in a market where quality, certainty and lifestyle alignment are driving decisions.&nbsp;

[smartcode_project_cta:default project_id=110291]

Megara releases first completed residence at Serai, North Fremantle as project tracks toward early 2026 completion

Macquarie York has appointed Roberts Co to as the Early Contractor Involvement (ECI) partner for its upcoming new Surfers Paradise apartment development, Sunset Residence.

Located at 50 Sunset Boulevard, Sunset Residences is a riverfront, design-driven tower set to elevate one of Surfers Paradise’s most rapidly transforming enclaves. The refined scheme, designed by Plus Studio, features 72 luxury residences, enhanced amenity, and improved connectivity to the Nerang &nbsp;River.&nbsp;

As ECI partner, Roberts Co is working closely with Macquarie York and the design team to optimise buildability, program, staging and procurement strategies ahead of construction commencement.&nbsp;

&nbsp;

Macquarie York Director, Roy Skaf, said Roberts Co’s early engagement will help ensure the landmark development realises its full potential.&nbsp;

“Sunset Residences is a signature project for Macquarie York, a chance to define a new level of riverfront living in Surfers Paradise," Skaf said.&nbsp;

&nbsp;

&nbsp;

<img alt="Roberts Co appointed Early Contractor Involvement partner for Macquarie York’s Sunset Residences on the Gold Coast" data-entity-type="file" data-entity-uuid="3dd22a45-168b-4e00-b6d2-4e7310b02084" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/SunsetResidences_Interior.jpg?VersionId=NAWvGq7l6BFB4vvh6u0xXWWISboHTi6q" />

“Partnering with Roberts Co under an ECI arrangement gives us the confidence that design decisions, construction methodology and programming are being rigorously considered from day one. Their collaborative mindset and technical capability are exactly what a project of this quality demands.”&nbsp;

&nbsp;

Construction is expected to commence following completion of the ECI phase and final design resolution.

Sunset Residences is one of three projects Macquarie York has locally. They have Rana Palm Beach, 60 apartments on Twenty Third Avenue, and Azariah, just nine residences on the dress circle Jefferson Lane, also in Palm Beach.

Macquarie York appoints Roberts & Co for early works agreement at Sunset Residences

Few developers in South East Queensland have shaped the new development apartment market as profoundly, or as consistently, as Mosaic Property Group. In 2025, the business delivered another very strong year across Brisbane, the Gold Coast, and the Sunshine Coast, building on the foundations of nearly two decades of discipline, long-term thinking, and relentless refinement of its craft.

Their continued success is driven from the top. Founder and Managing Director Brook Monahan, very much credits the success to a workforce of “massive grafters”, and a culture where complacency simply doesn’t exist.

“In every part of our business, we’re constantly pushing to get better” Monahan told <a href="http://apartments.com.au">Apartments.com.au</a>. “We never rest on our laurels.”

The company’s growth continued its upward trajectory, with the developer completing six luxury projects in 2025, representing approximately $850 million in value and delivering 536 new luxury homes. Mosaic also sold over $1.4 billion worth a new luxury apartments at an average price point of $3.41 million in 2025.

Heading into 2026, they have a further five projects under construction and an immediate pipeline across Brisbane and the Gold Coast, representing just shy of $2 billion in value. I spoke with Brook about everything from the evolution of Mosaic’s business to the fundamentals driving the SEQ property market.

<img alt="Brook" data-entity-type="file" data-entity-uuid="ea443354-6099-40c2-970b-06cab2e842d1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-12%20at%2010.21.14%E2%80%AFAM.png?VersionId=anKZRLE61XX0opq0PCZMDsmwVWqNF.Od" />

<hr />
<h2>A market defined by two forces</h2>

The fundamental drivers of SEQ’s housing dynamics in 2025 are straightforward: a generational transfer of wealth on a scale Australia has never seen, and migration numbers that continue to exceed expectations.

“An enormous amount of wealth will move through the next decade,” Monahan explains. “That wave isn’t going anywhere.” Simultaneously, “you can’t run migration at the numbers we’re seeing, while also having a generational shift of wealth from boomers, and not expect demand to remain strong. People move here, they bring money, they want to buy a home and create a future.”

While top-end product in some pockets has softened from the frenzy of 18 months ago, Monahan believes&nbsp; the wave will remain “pretty strong,” especially for developers with brand trust and a long-term track record.&nbsp;

“The $4 million to $10 million segment remains fairly robust, but buyers are much more educated now than they’ve ever been. They have access to information and they’re smart people. They’re generally not&nbsp; willing to trust a new entrant asking $15 million with no track record.”

This heightened consumer discernment, he notes, is reshaping how premium projects are evaluated by developers.

<hr />
<h2>The problem behind the crisis</h2>

Despite strong demand, SEQ’s housing market remains severely undersupplied. Brisbane needs around 12,000 new homes per year, yet delivered only 4,000 last year. The Gold Coast requires around 6500 but delivered less than half of that. The backlog is massive.

“We’re probably 54,000 homes short in the next five years in Brisbane alone,” Monahan estimates. “Maybe 100,000 across the whole of Queensland.”

The core issue however isn’t planning.&nbsp;

“The planning environment is actually super supportive right now,” he says. “Approvals aren’t the problem. It’s turning approvals into real supply.”

The gap between development approvals and project starts has widened significantly as construction costs escalate, contractors disappear from the market, and inexperienced developers try, and fail, to bring projects to life.

“A development application (DA) is only part of the equation, it means little without the ability to deliver,” he explains. “Many applicants underestimate the complexity involved. It’s not just about securing a site; you need the right formula and all the right ingredients to make it work. Without that, the end result will fall short of expectations and increase the risk of project failure.

The result is market distortion: sites tied up by entrants who lack experience, capital certainty, construction understanding, or a realistic feasibility model. “It’s not good for the industry,” he says. “You get more and more mooted supply but very little real delivery.”

<hr />
<h2>Construction realities and the coming resource crunch</h2>

Beyond development capability, SEQ faces macroeconomic pressures. Over $7 billion must be delivered by late 2031 just for Olympics-related obligations. Add $18 billion in hospital and health infrastructure, and the region faces a “resource drain” Monahan believes will reshape delivery timelines and construction pricing for years.

“It will ultimately be great for SEQ for the next 20 years,” he says. “But it puts enormous pressure on an already chronically undersupplied housing market.”

This pressure will inevitably influence pricing. Double-digit growth cannot continue indefinitely, but Monahan sees no path to meaningfully lower construction costs. “It’s impossible to meet demand at a cheaper price point given labour capability and resource competition,” he says.

“Those who can afford it will keep paying more and the rest are fighting to get a foothold. That’s why the market keeps creeping upward.”

<hr />
<h2>Mosaic’s disciplined blueprint: Only A-Grade, iconic, irreplicable</h2>

With a long track record of delivery and in-house construction expertise, Mosaic works backwards from the cost of delivery to determine the right price for a site—a disciplined acquisition model they’ve adhered to from day one.

&nbsp;“We’re never out of the market,” Monahan says. “But we’re extremely disciplined. We don’t buy B+ sites. We won’t buy run-of-the-mill locations. Ever. That’s not our brand and it’s also not economically viable for us in most instances.”

Mosaic’s nine current developments illustrate this discipline:

<ul>
	<li aria-level="1"><a href="https://www.apartments.com.au/new-apartments/lily-by-mosaic-4-rosewood-avenue-broadbeach-qld-4218">Lily</a> and <a href="https://www.apartments.com.au/buildings/marella-146-surf-parade-broadbeach-qld-4218">Marella</a>, Broadbeach: Two 30-storey buildings with permanently protected views over parkland, beach and coastline 
	&nbsp;</li>
	<li aria-level="1"><a href="https://www.apartments.com.au/new-apartments/isabel-by-mosaic-96-the-esplanade-burleigh-heads-qld-4220">Isabel</a> and, <a href="https://www.apartments.com.au/new-apartments/josephine-by-mosaic-166-the-esplanade-burleigh-heads-qld-4220">Jospehine</a>, Burleigh Heads – all “masterpiece” sites on the Esplanade with enduring view corridors of beach, water and coastline in the heart of Burleigh 
	&nbsp;</li>
	<li aria-level="1"><a href="https://www.apartments.com.au/new-apartments/sophia-by-mosaic-1357-gold-coast-highway-palm-beach-qld-4221">Sophia</a>, Palm Beach- directly on the dunes of the most highly sought after stretch of northern Palm Beach beachfront real estate 
	&nbsp;</li>
	<li aria-level="1"><a href="https://www.apartments.com.au/new-apartments/madeline-by-mosaic-22-mary-avenue-broadbeach-qld-4218">Madeline</a>, Broadbeach – “180 degrees beach, water and coastline views, great walk score” 
	&nbsp;</li>
	<li aria-level="1"><a href="https://www.apartments.com.au/new-apartments/the-bedford-by-mosaic-16-30-prospect-street-kangaroo-point-qld-4169">The Bedford</a>, Kangaroo Point – a site Mosaic first identified in 2016. Amazing walk score, views and inner city connectivity 
	&nbsp;</li>
	<li aria-level="1"><a href="https://www.apartments.com.au/new-apartments/the-carter-by-mosaic-77-linton-street-kangaroo-point-qld-4169">The Carter</a>, Kangaroo Point – in between the Gabba and the Kangaroo Point peninsula with amazing walk score and uninterrupted and expansive northern city and river views 
	&nbsp;</li>
	<li aria-level="1">South Brisbane (launching 2026) – core inner-city Brisbane river waterfront site on the northern end of the peninsula with amazing river connection and permanent river and city views, amazing walk score</li>
</ul>

“Nothing we buy is guesswork,” Monahan says. “It’s always an iconic suburb where people genuinely want to live, with strong connections to water, lifestyle, amenity, or permanent view corridors.”

“Mosaic’s two most recent Brisbane acquisitions were several years in the making. The Bedford, launched on the prestigious Kangaroo Point peninsula and achieving 90 per cent sales within months was a site they identified back in 2016. The second, which is the yet to be released at 91 Montague Road in South Brisbane, has been on Mosaic’s radar since 2017.&nbsp;

Arguably one of Brisbane’s last great inner city riverfront sites, it sits within the city’s most dynamic cultural hub, offering unrivalled connectivity, lifestyle, and amenity, and standing as a landmark opportunity to define the next era of riverfront living.

“We know exactly what is and isn’t a Mosaic project. Strategic site selection is the critical foundation of everything we do. We’re always assessing opportunities, but based on our two most recent Brisbane acquisitions, it’s entirely possible that the sites we’re looking at today won’t transact for several years. That discipline is what ensures every project meets our exacting standards.”

<hr />
<h2>The Mosaic engine: Consistency, capability, and relentless execution</h2>

What separates Mosaic in a crowded field is not the ability to attract capital or buy a site, but the ability to deliver highly complex high end buildings, whether that is 37 storeys or 18 storeys, repeatedly and consistently.

“These buildings are inherently complex to deliver well,” Monahan says. “It takes a long time to know exactly what the market wants, how to deliver it, how to secure the right contractors and consultants, and how to align the product with what the market is actually willing to pay and can afford.”

With so many contractors exiting the market in recent years, genuine delivery capability has become increasingly rare. Monahan welcomes credible new entrants but cautions that underestimating the complexity of luxury development can lead to poor outcomes.&nbsp;

“It’s easy to assume high-end projects equal high returns, but without the right experience, track record, and capability, it’s a tough road. Attracting capital is one thing—delivering on expectations is another, and when that doesn’t happen, it impacts the entire market.’”

<hr />
<h2>Looking to 2026: A pipeline built on patience and precision</h2>

As 2025 draws to a close, Mosaic stands at the strongest point in its history. Since 2012 alone, the company has completed more than $2 billion in projects and is set to deliver another $2 billion worth of developments, hundreds of luxury apartments, all bearing Mosaic’s hallmark of impeccable delivery.&nbsp;

Next to launch are two standout projects: Josephine, an exclusive collection of just 30 half- and full-floor ultra-luxury residences coming soon to the Burleigh Heads beachfront, and a landmark tower on Montague Road in South Brisbane, comprising 204 apartments in the heart of the city’s cultural hub on the banks of the Brisbane river.

“We never arrive. There’s no finish line for us,” said Monahan. “Our focus is on continuing to evolve in the luxury space, creating incredible, design- and lifestyle-led properties that people love living in and that stand the test of time.” 
&nbsp;

What’s ahead for South East Queensland’s next development wave: Five minutes with Mosaic’s Brook Monahan

Malcolm Turnbull

<html><body>
Former prime minister Malcolm and his wife Lucy Turnbull didn’t find a buyer during their midweek online auction of their Hunter Valley property, Scotts Creek.
It ended on a $6 million vendor bid. Meares &amp; Associates agent Chris Meares had expected the two-day auction to attract several bids of between $6.5 million to $6.75 million.
The 2000ha farm, 330km from Sydney, has had a history of running merino sheep and breeding quality beef cattle.
The Murrurundi property is in the foothills of the Liverpool Ranges just north of Scone.
In recent years it has carried 500 to 600 breeding cows along with 1000 to 1500 merino ewes and wethers. It is well watered, with creeks, springs and surface dams, complementing the rainfall.
The farm improvements include the three-bedroom manager’s home, two sets of cattle yards, a six-stand wool shed, two sets of sheep yards and two machinery sheds.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/18/SCOTTS3.jpg" alt="">
Another farm, East Rossgole at Aberdeen — inherited from Turnbull’s father Bruce who died in 1982 — will be retained by the Point Piper-based family.
The Turnbulls recently offloaded their redundant Canberra penthouse for $2.06 million, given his departure from parliament.
The two-level, three-bedroom Kingston apartment was bought by Sydney barrister Keith Rewell and is now a $1185-a-week rental. The Turnbulls had bought it off the plan in 2006 for $1.95 million.
This article was first published in the Saturday Daily Telegraph.
 
 
</body></html>

jonathanchancellor-7SQnKwU6yx

Malcolm and Lucy Turnbull's Scotts Creek farm passes in on vendor bid

<html><body>
Malcolm and Lucy Turnbull are selling one of their Hunter Valley properties, Scotts Creek.
It is <a href="https://www.meares.com.au/search-properties/details/Scotts-Creek" target="_blank">located in the foothills of the Liverpool Ranges</a> above the township of Murrurundi. The couple have asked rural agent Chris Meares at Meares &amp; Associates to conduct an online auction.
The 2000ha farm has had a strong history of running merino sheep and breeding quality beef cattle.
In recent years it has carried 500 to 600 breeding cows along with 1000 to 1500 merino ewes and wethers. It is well watered, with creeks, springs and surface dams, complementing the rainfall.
Over the past 27 years it has average 813mm, with three years, including 2018, where the rainfall has fallen under 600mm.
Meares expected the two-day auction to attract bids of between $6.5 million to $6.75 million.
The couple will retain their East Rossgole property, near Aberdeen, which Mr Turnbull inherited from his father, Bruce, in 1982. 
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j.ballantyne1990-6AQqhLzZaK

Malcolm and Lucy Turnbull list one of their Hunter Valley properties, Scotts Creek

<html><body><div class="_1665V undefined">
Malcolm Turnbull's former Kingston Foreshore, ACT penthouse has been listed for rent after its recent sale.
The <a href="https://www.propertyobserver.com.au/https://www.allhomes.com.au/ah/act/sale-residential/78-11-eastlake-parade-kingston-canberra/1317577780511" target="_blank">Eastlake Parade apartment</a> was sold<a href="https://www.propertyobserver.com.au/https://www.allhomes.com.au/ah/act/sale-residential/78-11-eastlake-parade-kingston-canberra/1317577780511" data-track-relatedarticle="inarticlelink"> </a>by Berkely Residential, which now <a href="https://www.allhomes.com.au/rent/78-11-eastlake-parade-kingston-canberra-176389368" target="_blank">has it for rent</a>.
<div class="_1665V undefined">
The two-level, three-bedroom penthouse features marble bathrooms.
There is a huge terrace with a covered outdoor kitchen, in-slab heating and polished hardwood floors.
</div>
<div id="plista_widget_outstream">It is described as a "very lightly lived in" with the "most sensational views over Lake Burley Griffin, East Basin and the city".</div>
<div> </div>
<div>The apartment is up for rent for $1,350 to $1,550 a week.</div>
<div> </div>
<div>It was tipped to fetch at least $2.5 million, but reported to have been sold for $2 million plus.</div>
The Turnbulls bought the apartment off the plan for reportedly about $1.95 million in 2006.
<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/2018/10/2/turnbull2.jpg" alt="">
Turnbull spent his first four months as prime minister there before moving into The Lodge in January 2016 after renovations.
 
</div></body></html>

firstname1-iYD4UYzvBa

Malcolm Turnbull's former Canberra penthouse up for rent by recent buyer

<html><body>
<div class="_1665V undefined">
Malcolm Turnbull has had an offer for his "very lightly lived in" Kingston Foreshore, ACT penthouse.
The <a href="https://www.propertyobserver.com.au/https://www.allhomes.com.au/ah/act/sale-residential/78-11-eastlake-parade-kingston-canberra/1317577780511" target="_blank">Eastlake Parade apartment</a> had been listed<a href="https://www.propertyobserver.com.au/https://www.allhomes.com.au/ah/act/sale-residential/78-11-eastlake-parade-kingston-canberra/1317577780511" data-track-relatedarticle="inarticlelink"> </a>by Berkely Residential on AllHomes last September.
It was tipped to fetch at least $2.5 million, but reported to have been sold for $2 million plus.
The Turnbulls bought the apartment off the plan for reportedly about $1.95 million in 2006.
<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/2018/10/2/turnbull2.jpg" alt="">
Turnbull spent his first four months as prime minister there before moving into The Lodge in January 2016 after renovations.
The two-level, three-bedroom penthouse features marble bathrooms, a huge terrace with a covered outdoor kitchen, in-slab heating and polished hardwood floors.
</div>
<div id="plista_widget_outstream">It is described as a "very lightly lived in" with the "most sensational views over Lake Burley Griffin, East Basin and the city".</div>
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Malcolm Turnbull gets offer on Canberra penthouse

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Malcolm Turnbull has listed his "very lightly lived in" Kingston Foreshore, ACT penthouse for sale.
The <a href="https://www.propertyobserver.com.au/https://www.allhomes.com.au/ah/act/sale-residential/78-11-eastlake-parade-kingston-canberra/1317577780511" target="_blank">Eastlake Parade apartment</a> has been listed<a href="https://www.propertyobserver.com.au/https://www.allhomes.com.au/ah/act/sale-residential/78-11-eastlake-parade-kingston-canberra/1317577780511" data-track-relatedarticle="inarticlelink"> </a>by Berkely Residential on AllHomes.
It is tipped to fetch at least $2.5 million.
The Turnbulls bought the apartment off the plan for about $1.8 million in 2006.
<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/2018/10/2/turnbull2.jpg" alt="">
Turnbull spent his first four months as prime minister there before moving into The Lodge in January 2016 after renovations.
The two-level, three-bedroom penthouse features marble bathrooms, a huge terrace with a covered outdoor kitchen, in-slab heating and polished hardwood floors.
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<div id="plista_widget_outstream">It is described as a "very lightly lived in" with the "most sensational views over Lake Burley Griffin, East Basin and the city".</div>
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<div class="_1lwW_">The property is open to expressions of interest until October 11.</div>
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Malcolm Turnbull lists Canberra penthouse

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The Prime Minister Malcolm Turnbull and wife Lucy are getting new neighbours in Point Piper.
The neighbours Tiffany and Ben Tilley have found a near $20 million buyer.
It was the Point Piper home that Malcolm and Lucy Turnbull built.
The home, originally known as Gwandalan, was built after the Turnbull's excised some of the land for habrourfront access.
The Turnbulls had paid $7.1 million in 1999, already owning, Le Gai Soleil next door, with the intention of an expansion of their land holding for more harbourside and the jetty.
Ben and Tiffany Tilley paid $13.6 million for the Wunulla Road home in 2011, so the price reflects just shy of six percent annual price growth.
Set on 590 sqm, the Michael Suttor designed home offers unrestricted harbour views across Felix Bay.
The three level entertainer with lift features living spaces that spill on to balconies and landscaped gardens, complete with pool.
The private lowel level is dedicated to a self-contained two bedroom retreat with living space and kitchenette.
.It has been a regular summer rental for the artistic McGrath family
Brad Pillinger at Pillinger Double Bay was marketing the home with $25 million hopes.
Last December the home on the other side of the Turnbulls was sold. The luxury car importer Neville Crichton and wife, Nadi bought the incomplete beachfront property for about $45 million. It was the Mediterranean residence, Deauville that was sold by Michele and Dr Glenn Haifer, a healthcare businessman.
Scotts Honda Motors former owner Paul Scharrer and his wife Pam recently spent $30 million nearby on the south facing O'Neil boathouse, ending almost 60 years of family ownership.
The article was first published in The Sunday Telegraph.
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PM Turnbull gets new neighbours as Point Piper's Ben and Tiffany Tilley sell

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GUEST OBSERVER
On Monday night Four Corners asked Australia to consider “What’s wrong with the NBN?”.
Prior to the episode airing, a lot of the debate focused on the NBN’s business model, and that it may not be profitable.
I, however, am not sure if the financial returns need be our biggest concern when referring to public service and critical infrastructure. My answer to the question “what’s wrong with the NBN?” is quite simple: the NBN is inequitable.
A “train wreck”
This week started with a fiery speech delivered by the Prime Minister, Malcolm Turnbull. He said the NBN was a mistake, blamed the former Labor government for the set up, and described the NBN’s business model as a “calamitous train wreck”.
Turnbull’s remarks triggered a number of responses, including one from former Labor Prime Minister, Kevin Rudd. He attached responsibility of NBN’s failure to the current government, as they “changed the model completely” compared to the original design.
More broadly, the Four Corners program itself created mixed reactions on social media. It was criticised for being “weak”, and not “challenging enough”, but also praised as “exceptional”.
I find it incredibly frustrating to see a national critical infrastructure project diminished to political ping pong. In my opinion, bipartisan commitment is required in order to deliver an equitable NBN for all Australians.
Inequity from the start
Introduced by Labor, the original NBN was announced in April 2009. The plan was to provide terrestrial fibre network coverage for 93% of Australian premises by the end of 2020, with the remaining 7% served by fixed wireless and satellite coverage. In other words, Labor’s NBN was mainly equitable in terms of the advanced technology adopted across the board.
However, research on the early NBN rollout pointed out the issue of timing. Even under the most optimistic estimations, it was going to take over a decade to build the nation-wide infrastructure. So, there were always questions about who was going to get the infrastructure first, and who had to wait over a decade for a similar service.
The results of the 2013 Federal election changed the fate of the NBN. The elected Coalition government decided the NBN rollout should transition from a primarily fibre-to-premises model to a mixed-technology model.
<img src="https://images.theconversation.com/files/175122/original/file-20170622-3031-jt1gt9.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt="">
Various/The Conversation, CC BY-D
FTTP = fibre to the premises; FTTN/FFTB = fibre to the node/basement; HFC = Hybrid Fibre-Coaxial
This added to the complexity of the NBN, and created new layers in the inequality concerns around the NBN. In the Coalition’s NBN, many could be waiting quite some years and yet still only receive a lower quality level of access to the service.
Now we’re past the halfway point of NBN delivery, and inequality of the service is clear at two levels.
Large scale
Recent research shows there is a clear digital divide between urban versus regional Australia in terms of access to the NBN. Regional Australia is missing out, both in terms of pace and quality of delivery in the mixed-technology model. This pretty much means that WA and NT are the worst off parts of the nation, because of the spread and dominance of regional and remote communities within them.
“Fine grain” scale
As described on Four Corners, mixed-technology NBN within local government areas and neighbourhoods means some people are better off than others.
Some receive fibre-to-premises service while others have fibre-to-node. The quality of the service also depends on how far someone lives and works from a node, which basically suggests even people on the same fibre-to-nodes service could have varied level of (dis)satisfaction with their internet and phone services.
Research published in 2015 captured some of the frustrations on the ground at the local government level. Differing qualities of internet services available were perceived to have direct implications for local economic development, productivity, and sense of community at the local level.
The two layers of NBN inequality mean that while some customers may be happy with their NBN, many experience a frustrating downgrade of service after moving to the NBN. This may help explain the increase in the number of NBN complaints across the nation.
Let’s start moving forwards
Politicising the NBN and blaming one party over another has been part of the national misfortune around the NBN. But, I believe, the inequality of the NBN is part of a bigger trend in infrastructure decision making in Australia that fails to fully account for the socioeconomic implications. Other examples of this trend are seen in major (controversial) transport projects around the nation (e.g. East West Link in Melbourne, WestConnex in Sydney).
Current and future Australian governments must accept responsibility, and find a way forward for the NBN that is built on the notion of equitable service.
We can start with questions such as who needs the service the most, and who can do the most with it. These two questions refer to the social inclusion and productivity implications of the NBN.
<img src="https://counter.theconversation.com/content/86221/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1">The NBN, as a publicly funded national infrastructure project, has to be equitable to be a truly nation building platform. As long as it is failing some, it is failing us all as a nation.
Tooran Alizadeh, Senior Lecturer, Director of Urban Design, University of Sydney
This article was originally published on <a href="https://theconversation.com" target="_blank">The Conversation</a>. Read the <a href="https://theconversation.com/turnbulls-government-must-accept-responsibility-for-delivering-an-equitable-nbn-for-all-australians-86221" target="_blank">original article</a>.
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Turnbull's government must accept responsibility for delivering an equitable NBN: Tooran Alizadeh

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The Point Piper home that Prime Minister Malcolm Turnbull built, which sits next to their current home, has been listed for sale.
The home, originally known as Gwandalan, was built by Turnbull during his brief fling as a smalltime property developer.
The Turnbulls had paid $7.1 million in 1999, already owning next door. An expansion of their land for more harbourside and jetty was the desired outcome.
<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/2017/10/19/Turnbull2.jpg" alt="">
It now belongs to Ben and Tiffany Tilley. Ben has been a long close friend of casino mogul James Packer.
The couple had paid $13.6 million for the Wunulla Road home in 2011.
Set on 590 sqm, the Michael Suttor designed home offers unrestricted harbour views across Felix Bay and is moments from Lady Martins Beach.
The three level entertainer with lift features living spaces that spill on to balconies and landscaped gardens, complete with pool.
<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/2017/10/19/Turnbull3.jpg" alt="">
The private lowel level is dedicated to a self-contained two bedroom retreat with living space and kitchenette.
An upper level master suite features a marble bathroom, bespoke dressing room and its own balcony. 
Brad Pillinger at Pillinger Double Bay is marketing the home with a reported $25 million asking price.
 
 
 
 
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Tilley-owned Point Piper house Malcolm Turnbull built listed

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<img src="https://counter.theconversation.edu.au/content/77478/count.gif?distributor=republish-lightbox-advanced" alt="The Conversation" width="1" height="1">
GUEST OBSERVER
Prime Minister Malcolm Turnbull’s 2015 National Innovation and Science Agenda was a call to arms for Australia’s research and industry sectors to collaborate and drive our economy.
One and a half years on, you’d be excused for thinking a few pages of notes were missing from Budget 2017. Specifically no comment was made about the vision of where our great “ideas boom” was taking us - setting the scene to unite industry and researchers alike.
For manufacturing there was a glimmer of hope in the announcement of A$100 million to boost innovation, skills and employment in advanced manufacturing.
It addresses people, know-how, process and partnerships. If connected into a strategic plan there could be benefits for businesses as the manufacturing sector redeploys into new activity.
However, it does appear narrowly focused on the here and now for closed and closing automotive manufacturers.
In the absence of linkage with the National Innovation and Science Agenda, the pending 2030 Roadmap from Innovation and Science Australia, and comment on the research and development tax incentive review, the A$100 million may be an expensive band-aid.
Capital upgrades
The funding announcement refers to A$47.5 million for a new Advanced Manufacturing Growth Fund to support South Australian and Victorian manufacturers for capital upgrades to “make their businesses more competitive through innovative processes and equipment”.
My experience of project work with manufacturing companies is that capital cost of equipment (capital expenditure, or “CapEx”) has never been a roadblock to growth and success.
When the business case stacks up, CapEx is easily justified. The business case is built upon having the right people and know-how in the business.
In isolation the drive to purchase new equipment presents no value to business, and may even lead to stranded assets. But coupled with people and know-how, opportunities may come.
It’s important to recognise that right now, existing manufacturers are looking at how to utilise and/or redeploy their existing assets. In particular the automotive parts manufacturers are seeking new opportunities that match with existing equipment.
An example is a company that I am working with, Precision Components in South Australia. They are redeploying their large metal presses previously used in car component manufacturing to create components for capturing solar energy at HeliostatSA. It’s a project that has contributed to export capability for HeliostatSA.
Redeployment is the focus for many businesses today, not new equipment.
Small scale research projects
The funding announcement refers to A$4 million to support small scale and pilot research projects in advanced manufacturing, administered through the Advanced Manufacturing Growth Centre.
This seems like a good move.
Boosting innovation requires broadening the base of businesses looking to grow, and collaboration with university research programs is one way to achieve this. Small grants build confidence in collaborative partnerships, and help to clarify what the innovation is and its future return on investment.
For example, the government’s Innovation Connections scheme has had success in seeding innovation and collaboration.
A recent recipient of an Innovation Connections grant, company Sentek Pty Ltd, is utilising this scheme to fund new product development, and to underpin justification for future and larger investment. I am collaborating with Sentek on this project.
Cooperative Research Centre (CRC) Projects
The funding announcement refers to A$20 million under the Cooperative Research Centre – Projects initiative for larger scale advanced manufacturing research projects.
This funding should be warmly received.
The CRC program links researchers and industry, with the aim of delivering economic value to the industry partner and the sector more broadly. This scheme funds the real costs of research, develops skills in people, and incentivises transitioning knowledge out of the university.
The newly formed CRC Projects scheme is in its infancy, with industry firmly in the driving seat for administering the projects.
From the first two rounds of funding under the CRC Projects, a total of 28 projects have been funded. Each project has seen a co-investment from industry, universities, other research institutes, and the federal government.
Crunching the numbers for the funded projects shows, on average, the government invested A$2.04 million per project. This indicates that the new A$20 million of funding could support around an additional ten projects. This will stimulate activity and add value to our advanced manufacturing sector.
Innovation Labs
The funding announcement refers to A$10 million to establish Innovation Labs in South Australia and Victoria to serve industry.
It’s difficult to know what this means in reality.
Perhaps the purpose is to provide facilities for early stage innovation to be tested at minimal expense, and reduce the risk of the business making significant investment in infrastructure.
Perhaps it will allow researchers or companies to shore up concepts before seeking investment and raising capital. Maybe existing facilities will seek financial support to expand their remit across a diverse advanced manufacturing sector.
A topical example relates to additive manufacturing – generally known as 3D printing. Businesses producing 3D-printed products need a testing ground to conduct certification and accreditation of products prior to sale. The Innovation Labs could fill this void, and complete the link between laboratory research and commercial product.
Engineering excellence
The funding announcement refers to A$5 million investment in engineering student research at universities, technology institutions and in industry to maintain the flow of highly trained engineers to the automotive design and engineering sector.
At the heart of innovation are people.
Engineers represent one discipline that contributes to the pipeline of innovation. An investment to see the continual training of excellent engineers may address the loss of traditional career pathways.
Perhaps the funds will aid in restructuring of engineering education towards emerging opportunities in the health and medical, agriculture, renewable energy and other sectors.
As more details come to light in the coming weeks and months, the Turnbull government’s vision for Australia’s manufacturing future may become clearer.
But the sense from the manufacturers themselves is that they will just get on and do it anyway.
Drew Evans is associate professor of Energy &amp; Advanced Manufacturing, Australian Research Council Future Fellow, University of South Australia and author for The Conversation. He can be contacted <a href="https://theconversation.com/profiles/drew-evans-22485" target="_blank">here</a>.
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jchancellor-FAypfDUnLy

A glimmer of support for innovation and advanced manufacturing

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<img src="https://counter.theconversation.edu.au/content/63455/count.gif" alt="The Conversation" width="1" height="1">
GUEST OBSERVER
Prime Minister Malcolm Turnbull has sternly told the banks they should pass on the whole of Tuesday’s rate cut - or their chief executives must explain why they are not doing so.
After the Reserve Bank cut the cash rate by 25 basis points to 1.5 percent, the four big banks said they would pass on only part of the reduction. They have also said they are putting up their term deposits rates, to a greater or less extent.
Turnbull said the banks should be fully accountable. “It is up to them. They are big institutions. They operate with a very substantial social licence and they owe it to the Australian people and their customers to explain fully and comprehensively why they have not passed on the full rate cut and they must do so,” he said.
“They can’t just say ‘oh, it’s none or your business. Please don’t tell us how to run our business’.”
The banks should pass on the cut because it reduced their cost of funds, Turnbull said.
His tone was considerably tougher than that of Treasurer Scott Morrison on Tuesday - while Morrison said the banks should pass on the cut, he allowed them more slack than Turnbull has done.
“There is no real argument based on cost of funds that would mean that they shouldn’t pass [the cut on],” Morrison said. “But I do note that they have actually taken another action and that is to lift deposit rates. So you’ve got to look at the deposit rate increase and the mortgage rate decrease as a package of response from at least the two banks that have done that. But it’s for them to make that decision.”
The government is under some pressure on the broad issue of banks' behaviour, with Labor running hard in the election campaign on its call for a royal commission into the banks.
Michelle Grattan is professorial fellow, University of Canberra, and author for The Conversation. She can be contacted <a href="https://theconversation.com/profiles/michelle-grattan-20316" target="_blank">here</a>.
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