This Month
4 clues an apartment has superior growth potential
It’s counterintuitive, but older apartments often deliver greater capital growth than modern units with high-end facilities.
October
Fight for $44m apartment project in Mosman heads to court
The dispute in the affluent suburb is shaping as the first big test of the state government’s effort to overcome NIMBY opposition to more housing.
September
Paddington skyscrapers loom as Sydney’s next NIMBY battle
Victoria Barracks in the city’s east is the size of Hyde Park. Its future is under consideration and shaping up to be a new fight in the development wars.
This major developer says Woollahra plans are too risky, pricey
Cbus Property chief executive Adrian Pozzo said it was easier to build in Brisbane and Melbourne, as he waded into a major debate over Sydney’s development.
August
How Mosman became ground zero in the NIMBY debate
A proposed six-storey boutique apartment building has the residents of Sydney harbourside suburb Mosman up in arms.
July
Fast track then green light for 1200-home project in inner-west Sydney
A $1.8 billion residential and retail precinct in Sydney’s Five Dock has been given the green light, despite past objections from local councils.
January
Alex Waislitz and Tim Gurner feud over luxury St Kilda tower
The wealthy businessmen are at loggerheads over problems at the Saint Moritz development. Mr Waislitz says Mr Gurner is trying to silence residents.
December 2024
How it just became even better to buy an apartment in NSW
A High Court ruling has made it easier for off-the-plan buyers to sue developers and builders for defects – but only if they live in the largest state.
July 2024
Architects, fire engineers, building surveyors fingered over cladding
Victoria’s combustible cladding crisis shows the permit system failed to ensure compliance with building rules, a new government agency report shows.
April 2024
Strata reforms send bills soaring from just $5000 to $60,000
The NSW government made sweeping changes to prevent horrific development failures. Did it go too far?
January 2024
Has the apartment development industry reformed enough?
To prevent a repeat of disasters such as the Opal and Mascot towers, states need to better regulate their building industries – and they need to move faster.
June 2023
Woolworths wants to sell you an apartment
From Perth to Brisbane, the food and vegetables giant is working a strategy that might, one day, help Australia solve its housing problem.
The real reason you can’t afford to buy or rent
Everyone acknowledges the extent of Australia’s housing crisis but governments and councils are a long way from doing much about it.
February 2023
Lendlease earnings torpedoed by $200m UK provision
The ASX-listed developer says earnings are likely to improve in the current six-month, but inflation and interest rates will influence the pace of recovery.
November 2022
Why this apartment with cladding is safe but not sellable
The combustible cladding crisis is hitting owners with buildings widely regarded as safe because the regulator is slow to give them the stamp of approval.
October 2022
Insurers come back to NSW apartment construction
The new policy, an alternative to the current 2 per cent bond developers pay upon completion, offers 10-year protection for completed apartments.
Developer to pay $3 million to guarantee apartment rectification
The industry has welcomed the agreement under which a developer will work with apartment owners to fix defects. And get its money back if it complies with the plan.
Developer pledges to fix defects under new NSW rules
The new regime of building enforcement in NSW is creating incentives for developers and owners to co-operate, but it requires trust.
July 2022
Merhis Corp put into liquidation as tax bills mount
The western Sydney developer has defaulted on an earlier repayment arrangement and its founder has fled to the Middle East, his liquidator says.
Multibillion building rectification bills draw new lenders, loans
Friction over the new loans reflects the pressures on strata management, a cottage industry that has undergone huge growth and has to deal with increasingly complex issues.