Monday, 20 February 2017

HOUSING AND PROPERTY / FINANCE

RBA Assistant Governor Luci Ellis discussed the housing market and financial stability, in a speech. [Full Text]

A series of articles on housing policy has been published by speakers at the recent Australasian Housing Researchers Conference. [Full Text]

The University of Sydney's Dr Dallas Rogers discussed the globalisation of residential real estate through new digital platforms, in an article. [Full Text]

Shadow Treasurer Chris Bowen said the CBA CEO called for supply-side and demand-side responses in addressing housing affordability. [Full Text]

MP John Alexander issued a clarification on his stance on negative gearing reform. [Full Text]

The Property Council urged the Government to be extremely cautious if it is considering changing the capital gains tax discount. [Full Text]

The HIA welcomed a statement by the PM that there will be no changes to Capital Gains Tax on Housing. [Full Text]

HOUSING AND PROPERTY / AFFORDABLE HOUSING

Choice, National Shelter and the National Association of Tenant Organisations issued 'Unsettled: Life in Australia's private rental market'. [Full Text]

National Shelter said the research reveals a significant power imbalance between tenants and landlords. [Full Text]

UNSW Research Fellow Chris Martin said that longer fixed-term agreements are not the answer. [Full Text]

An article on the future of the National Affordable Housing Agreement, by UNSW's Hal Pawson and Chris Martin, has been published by The Conversation. [Full Text]

The University of Adelaide's Associate Professor Emma Baker said that having unaffordable housing isn't necessarily bad for people. [Full Text]

TRANSPORT / INFRASTRUCTURE

Curtin University's Professor Peter Newman discussed the de-politicisation of infrastructure planning and delivery, in an article. [Full Text]

INDUSTRY / FINANCE

Mirvac announced a statutory profit of $508 million for the half year to 31 December. [Full Text]

Bankwest announced a net profit of $355 million for the half year, down 12 per cent on the prior comparative period, but said the east coast property market remains strong. [Full Text]

Commonwealth Bank announced a net profit of $4.9 billion for the half year, an increase of 6 per cent. [Full Text]

ECONOMICS / GENERAL

PwC issued 'The World in 2050: The long view: how will the global economic order change by 2050?' [Full Text]

PwC issued information from the Australian edition of its 2017 Global CEO Survey. [Full Text]

Deloitte issued the results of a survey of millennials. [Full Text]

ENERGY

A meeting of the COAG Energy Council issued a communique. [Full Text]

NEW SOUTH WALES / TRANSPORT / INFRASTRUCTURE

Premier Gladys Berejiklian and Minister Andrew Constance released the preferred route for the first stage of the Parramatta Light Rail network. [Full Text]

Western Sydney University said the announcement shows Government is listening to Western Sydney and investing in the right areas to support the region's sustainable growth. [Full Text]

The Western Sydney Leadership Dialogue expressed disappointment that the announcement didn't include a route to Strathfield, but was heartened by the commitment for a light rail link to the Olympic Corridor. [Full Text]

The Tourism and Transport Forum welcomed the announcement but urged the Government to extend the network to Olympic Park. [Full Text]

The Sydney Business Chamber said the Olympic Park precinct needs both light rail and metro to succeed and that it fully supports the second stage. [Full Text]

Minister Constance announced that the formal planning process has started for the next part of the Sydney Metro City and Southwest project. [Full Text]

Minister Paul Fletcher discussed the Western Sydney Airport and Sydney Airport Corporation, in an interview. [Full Text]

NEW SOUTH WALES / PLANNING

Proposed standards for online submission and lodgement of development applications in NSW are on exhibition. [Full Text]

Local Government NSW said the source of delays will now become visible to everyone involved in the DA process. [Full Text]

Corrs Chambers Westgarth published a summary of proposed amendments to the NSW EPA Act. [Full Text]

NEW SOUTH WALES / HOUSING AND PROPERTY / FINANCE

Local Government NSW welcomed the appointment of former RBA Governor Glenn Stevens to a housing affordability working group for NSW. [Full Text]

Opposition Leader Luke Foley said that Premier Berejiklian should take the RBA's advice on negative gearing very seriously. [Full Text]

NEW SOUTH WALES / LOCAL GOVERNMENT / ENVIRONMENT

Minister Gabrielle Upton announced an extension to the roll out of the NSW container deposit scheme until December. [Full Text]

Local Government NSW said it is an eminently sensible decision by Minister Upton and it has the sector's full backing. [Full Text]

NEW SOUTH WALES / MINING / ENVIRONMENT

The Environmental Defenders Office issued an update for its guide to mining law in NSW. [Full Text]

AUSTRALIAN CAPITAL TERRITORY / PLANNING

The ACT Planning and Land Authority announced that it has refused a development application for a six-storey mixed use residential development at the Curtin shopping centre. [Full Text]

NORTHERN TERRITORY / INDUSTRY

Chief Minister Michael Gunner announced the opening of the NT Home Improvement Scheme. [Full Text]

QUEENSLAND / HOUSING AND PROPERTY / REGULATION

The Property Council issued a statement on property law review being undertaken by QUT and commissioned by the Queensland Government. [Full Text]

QUEENSLAND / PLANNING

Brisbane City Council adopted its City Centre Neighbourhood Plan. [Full Text]

QUEENSLAND / AFFORDABLE HOUSING / HOMELESSNESS

Queensland Housing Minister Mick de Brenni said reports suggesting the Commonwealth was looking to scrap the National Affordable Housing Agreement were deeply concerning. [Full Text]

VICTORIA / PLANNING

Minister Richard Wynne approved planning amendments to allow the development of two new residential precincts at Flemington Racecourse in Melbourne. [Full Text]

VICTORIA / TRANSPORT / INFRASTRUCTURE

The Melbourne Metro Rail Authority issued a draft Early Works Plan for comment. [Full Text]

WESTERN AUSTRALIA / GENERAL

Opposition Leader Mark McGowan launched Labor's WA state election campaign. [Full Text]

WESTERN AUSTRALIA / NOT FOR PROFIT

Curtin University and WACOSS issued a report on the not-for-profit sector in WA. [Full Text]

WESTERN AUSTRALIA / HOUSING AND PROPERTY / FINANCE

The Real Estate Institute issued the results of a survey of residential property seekers in WA. [Full Text]

The Real Estate Institute welcomed a committment by the WA Government to not introduce any new taxes or raise existing taxes. [Full Text]

WESTERN AUSTRALIA / TRANSPORT / INFRASTRUCTURE / ENVIRONMENT

A Senate committee announced an inquiry into the construction of the Perth Freight Link in the face of significant environmental breaches. [Full Text]

WESTERN AUSTRALIA / LOCAL GOVERNMENT

The City of Perth issued a summary of recent open governance initiatives undertaken, including a register of interests for elected members and staff. [Full Text]

TASMANIA / EDUCATION / INFRASTRUCTURE

Infrastructure Australia approved the business case for the relocation of the University of Tasmania STEM facilities from Sandy Bay to Hobart CBD. [Full Text]