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UDIA INDUSTRY NEWS 02/11/2017 02/11/2017

http://www.landcorp.com.auDwelling approvals up in WA

According to ABS figures released today, the trend for total dwellings approved in WA increased by 2% in the month of September.  This continues the upward trend that has formed since May 2017.  Looking at the figures in more detail, private sector approvals are trending down 0.9%.  The value of total buildings approved is also trending down 0.5% while the value of residential building is up slightly to $511.9M.  UDIA released a statement today welcoming the confirmation of recent positive market sentiment here . More details on the data: here

Bushfire Guidelines Review: Working Group

This week UDIA representatives took part in the Department of Planning’s Bushfire Guidelines Review Working Group. The Department provided an overview of the recent changes made to the Guidelines in August which included removing office, retail and places of worship uses from vulnerable uses, an extension of the BLA contour map assessment area from 100m to 150m and the reclassification of the hazard level for grasslands to moderate. The Department is currently trialling BMP templates and is seeking feedback on the suitability of the templates. The Department is also currently seeking to revise controls concerning nature based tourism development. The Institute will continue to work with the Department on reform of the bushfire planning provisions and keep members informed of progress.

Roundabouts and Traffic Signals

UDIA is pleased to advise that following recent advocacy work on behalf of members, Main Roads WA have undertaken a review and update to the Guidelines for the Selection of Intersection Control.  UDIA raised a number of concerns, particularly with regard to the preference for roundabouts instead of traffic signals in several cases. UDIA will advise members when the updated draft Guidelines are available for comment.

National Housing Finance and Investment Corporation consultation

UDIA recently made a submission on behalf of the property industry in relation to the federal government’s consultation paper on the proposed National Housing Finance and Investment Corporation (NHFIC). While UDIA is supportive of the federal government’s overall aim to increase affordable housing supply in Australia and the objectives of the NHFIC, we proposed a number of recommendations for consideration in relation to structure, resourcing and engagement processes.  With respect to the establishment of an Affordable Housing Bond Aggregator, UDIA suggests expanding eligibility beyond community housing providers and seizing the opportunity to turn underutilised government land into income generating affordable housing.

Draft bill to promote affordable housing

UDIA has also provided comment on the exposure draft for the Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures No. 2) Bill 2017.  UDIA is supportive of the proposed incentives incorporated into the draft legislation to provide an additional Capital Gains Discount.  UDIA has also recommended more support for the development of the ‘Build-to-Rent’ sector as an avenue to producing more affordable housing in Australia.

Revised Model subdivision conditions

Revised Model subdivision conditions have been released by the Western Australian Planning Commission (WAPC).  Available: here

Perth’s first pop up apartment

The WA Apartment Advocacy (WAAA) is hosting Perth’s first pop up apartment, with decorating by apartment specialists Ikea.  Hosted at Forrest Chase from 1-3 November, every person who visits the pop up has the chance to win a free month living at the newly completed Oracle apartments by Blackburne Property Group.  There are 12 to give away. 

Waste levy and management – feedback required

The Department of Water and Environmental Regulation (DWER) has prepared a discussion paper which canvasses options to improve the implementation and effectiveness of the Waste Strategy and the waste levy (here).  UDIA will be making a submission on behalf of members and we would appreciate any comments or feedback on the issue that could be included in our submission.  Forward comment to policy@udiawa.com.au by COB 10 November 2017.

Tuarts woodlands and forests of the Swan Coastal Plans – feedback required

The Federal Department of the Environment and Energy has released draft Conservation Advice for the Tuart woodlands and forests of the Swan Coastal Plain ecological community (here), which is under assessment to determine if it is a threatened ecological community under the EPBC Act. UDIA will be making a submission on behalf of members, and would appreciate any comments or feedback which could be included. Forward comment to policy@udiawa.com.au by COB 1 December 2017.

Australian urban mobility lags

The Sustainable Cities Mobility Index released by Arcadis has found that Australian cities are lagging behind when it comes to urban transport sustainability.  Lack of metro rail networks and a low proportion of public transport and active travel trips were key reasons Australian cities lagged behind international counterparts, the report found.  Perth was ranked just 81 out of the 100 cities included in the index.  The report did find that Australian cities are rapidly developing and investing in more mobility systems which should improve our rankings moving forward.  The full report here

Housing affordability: a global issue

An interesting report by the McKinsey Global Institute claims that global housing stock has not expanded quickly enough to keep up with a surge in demand.  The report offers three solutions related to land supply, city barriers and construction evolution. More details here

LandCorp Development Opportunities

LandCorp with the Minister for Planning; Lands and Transport announced a series of land releases and development opportunities at an industry breakfast on Tuesday. Opportunities include residential lots currently available at Claremont on the Park, Shoreline on the Cockburn Coast, Parkside in Jolimont, along with future lots at Montario Quarter in Shenton Park, Middleton Beach in Albany and Ocean Reef Marina. Commercial and industrial land is also available at Murdoch and the Western Trade Coast. More information can be found at landcorp.com.au 

Sponsorship opportunities at UDIA

The latest UDIA Sponsorship Prospectus will be published soon!  In the meantime, if you are looking for an opportunity to promote your brand and services to a broad range of property industry representatives, please contact UDIA’s Director Commercial and Member Services Erin Meikle to discuss the options that UDIA has available.   You can contact Erin at emeikle@udiawa.com.au or phone 9215 3409.

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