SO why is it that these Vaucluse candidates propose that Sydney’s eastern suburbs should be different from other burbs across Sydney – those ‘others’ punished with more and ever more higher density housing?
YET so many candidates including these for Vaucluse claim to support development when appropriate?
WOULD this have somethin’ to do with locals and their real estate portfolios? …
AND why they reside in Vaucluse & surrounds?
HOW come our ‘local environment plans’ that set the controls for building height etc are eroded by developers?
WHY is it our new LABOR Federal Government has put the States on notice to help build 1 MILLION HOMES by 2030?
IS it because over the past decade of the LIBERAL COALITION that Australia sold its HOMES to FOREIGN BUYERS?
AND to local INVESTORS with Real Estate Portfolios creating a huge demand; diminishing SUPPLY … and cough … cough … pushing up house prices?
AND what this means is that those sellers/home owners are at the mercy of the rising market … to be priced out?
AS our families are locked out of HOME OWNERSHIP … forced to be lifelong tenants to investors … including foreign buyers … thanks to the policies of the liberal coalition … Search for earlier related reports.
WHAT does NSW INC and their deve-loper Partners in Crime have on the Agenda for us?
Found this article in the Daily Terror 1 July 2022, ‘Putting the Plan in place’!
Yep, the Property Council of Australia – the National developer lobby – mob hosted Dominic Perrottet for his first address following the NSW Budget at the PCA Breakfast the previous Friday.
It appears Perrottet now recognises that HOUSING AFFORDABILITY is a crunch issue, and has announced the need for lasting reform.
STOCKLAND’s speaker has called for partnership between government and industry with three major budget platforms:
-An infrastructure government
-That is faced with a ‘perfect storm’ of labour shortages, congested supply chains, and weather interferences
Yes, labour shortages – too few Tradies – some we know have made six attempts to engage a plumber! This has been brought about by the demise of Our TAFE! With employers bringing in Visa Workers to exploit …
-To press forward with Stage 2 of the Parramatta Light Rail and fast rail for Sydney to Hunter and the Central Coast
What would that be about …. ? No doubt about the current need!
Allegedly to create thousands of jobs with more cranes in the sky as NSW has more than double anywhere in the World …
To play catch up with another 160 schools and hospitals, and $77Bn for roads and transport projects
THE VISION …
A Six City Strategy for a Mega Region spanning The Hunter, the Central Coast, and Illawarra alongside Greater Sydney!
Requiring investment and regulatory certainty to enable the private sector capital to flow quickly! And this continuing GROWTH required a productivity agenda with up to $5Bn over 10 years … for affordable Childcare across NSW
NSW now has more than8 Million population with RENTAL VACANCIES dipping to less than 1%!
DESPITE this apparently there is a pressing need to catch up after the loss of population growth due to the Pandemic!
BUT with a mere $2.8Bn Housing Package!!
Note that the measures to deliver this reform of approvals, red tape, REZONING and further investment into social, regional and Aboriginal Housing must continue …
Perrottet put ‘Imagine if the proposal was to introduce a new UPFRONT TAX rather than phase out Stamp Duty for first owner buyers,’ he hypothesized.
It appears the Perrottet Government and the PCA are united in that Stamp Duty is a volatile tax, but it would seem that what they want to replace it with – LAND TAX – will only boost State Coffers even more with Land Tax being a ‘forever tax’!
Currently we have not been able to find a copy of ‘Putting the Plan in Place’ on line however this late June media release from the Property Council makes some references:
With the loss of Koala habitat, bushlands, peri urban farmlands, scenic rolling hills …
MINE SUBSIDENCE is also an issue particularly in the Wollondilly including Appin, Tahmoor and Glen Alpine near Campbelltown!
Some development sites are also in FLOOD PRONE areas …
LANDCOM is pushing ahead lodging plans for 16 apartment blocks across 18.3 ha site at Goldsmith Avenue Campbelltown … located next to the new Macarthur METRO station …
Consisting of 1, 2, 3 bedroom apartments and terraces … how much AFFORDABLE RENTAL HOUSING for Australian KEY WORKERS will be included?
WHICH raises the question how much of this development will be flogged off to overseas buyers perhaps from India, Singapore, Indonesia and Malaysia?
IT is alleged that a token of more than 13ha of open space, preserving Cumberland Plain Woodland, River Flat Eucalypt Forest and Bow Bowing Reserve
DID you envisage that with a succession of Liberal Coalition Governments that our families would be faced with the meagre prospect of rental FLATS 60 – 80 Kms from Sydney?
With migration for developers, and ‘black money’ laundered in our property market because in October 2018 the Morrison Government made the Gatekeepers exempt from anti-money laundering laws!
Increasing demand, and pushing up prices …
WHEN one searches for information on the Macarthur Region and Wollondilly Shire there is little if any description about Koalas, rolling hills, farmlands and bushlands … it is all about housing development!
‘Landcom files plans for 1200 apartments in South-West Sydney‘
CAAN takes a look at: ‘Semi-cooked’: Property sector asks new minister to rethink predecessor’s reforms
AND it would appear what the Property Council of Australia NSW Executive Director Achterstraat is really saying that with open green space, more liveable apartments, and sustainable design that there would be le$$ in it for them …
AFTERALL it was Roberts – when Planning Minister for the first time – in a forum in September 2018 who delivered this ‘snow job’:
“overdevelopment does not exist, infrastructure failure exists”, and Sydney’s “bumbling planning history” meant infrastructure and services needed to meet or exceed housing growth.
SO with this reappointment … it’s back to OVERDEVELOPMENT … and if the ScOmO grubment returns in 2022 the World will be flying in to exhaust ‘the supply’ …. creating more demand …
We repeat: It was ScOmO who wrote the policy for the Property Council of Australia prior to entering politics
Rather than Sydneysiders benefitting from Stokes ‘Design and Place state planning policy’ with apartments allowing for working from home, more access to green spaces and cycleways (liveability)
That was the angle taken by Journalists, Matthew and Lachlan on Monday, 14 March 2022
And “Key Workers can’t afford Sydney Homes”. The reality is this at least dates back to 2016 …
HOW come highly skilled Key Workers are not paid enough to afford a home within proximity of where they work?
Those among them – predominantly couples – who manage to scrimp and scrape up a deposit for a home are finding it 30 … 60 …. 80 … 90 Kms distant from where they work!
To then have to work long hours … and even a second job to maintain mortgage repayments …
Key Workers including our nurses, teachers, police officers, fire fighters, paramedics – to name a few! Plumbers too can’t afford to buy a home in this market!
And does it also seem that housing is priced far too high for what one gets?
Obviously this is a failure of GOVERNANCE!
WHY do the deve-loper lobby groups like the Urban Taskforce, the Property Council of Australia and others hold so much sway over the Liberal Party in NSW? … Well we have been spelling that out for some time now … the financial backing that the Liberal Party enjoys comes in many forms including by issuing invitations to wealthy party members, and corporations to attend lavish Liberal Party lunches and dinners for thousands $$ … grassroot donations from party members and individual supporters through membership fees, subscriptions and small donations … even multiples of small donations!
But it would appear donations from Big Business including developers, and deve-loper lobby groups, mining, hotel chains …. have inflated party coffers the most …
Recently Anthony Roberts has been reappointed as the Minister for Planning and Homes … why was Robert Stokes moved on from 5 October 2021?
We had not heard much from AR for some time …
IT would appear that Roberts has enjoyed a very good relationship with the property titans …
These articles, it would seem, reveal how mutually beneficial this relationship could be perhaps!
‘The Semi-cooked Property Sector asks new Minister to rethink Predecessors reforms’
And it appears this pro development government will enable developers to increase their profits by reducing their infrastructure contributions (levies) to the communities from which they make their money!
At a time when the NSW government is under fire on the issue of “overdevelopment”, NSW Planning Minister Anthony Roberts launched a new pro-developers group headed by his friend and former campaign manager Bill Pickering, featuring developers set to benefit from the government’s new “priority precincts”.
Note Bill Pickering was a former Liberal Councillor and Mayor of Ryde
‘Greens want Donation Reform after a look at Minister’s Diary‘
– The Fifth Estate: 2018
Meriton (Apartments and Property Services) has donated $226,000 since 2010, and met with the minister four times this year. The Property Council of Australia has donated $65,290 since 2010 and met Mr Roberts once this year (though the PCA decided to ban all donations to governments at all levels from October 2016), while Toga Group donated $93,000 to the federal branch, and also met the …
Note “NSW planning minister Anthony Roberts met with 53 property developers or property interest groups between January and September this year, but not a single ordinary resident, new information released by the Greens shows.”
In Sydney and You’re pretty well set for life: Housing Minister Anthony Roberts
Today Roberts was spruiking alongside Mirvac. Mr Roberts spoke of ‘benefit from higher prices; they can be beneficiaries of the increase in the value of their property.’
‘The 21 new NSW Strata Laws you really need to know‘
The big ticket item in the strata law changes, the government prefers to call this “collective sales” but it basically means that 75 per cent of owners can compel the other 25 to do something radical with a building that may or may not be well past its use-by date.
1. Redevelopment: Just 75 per cent of owners can vote to sell the strata block to developers for demolition and replacement with something bigger, shinier, safer and more expensive. Currently only one dissenting vote can stop this.
WHO is Australia’s leading Migration Agent? With increased foreign buyer competition, and ‘Hot Money’ pushing up home prices …
Mr Triguboff in the AFR (2017) in response to the then oversupply of apartments said:
“Then I will bring in more migrants”.
And also this article!
HOW does Meriton hold so much sway with the Federal Coalition?
From the property development sector: “The largest single donor was property developer Meriton donated $285,000 to the Liberal Party, including a $200,000 donation to the NSW branch of the party.” Search for Michael West: ‘Quid pro quo: donations data shows billionaires and corporations fix politicians for another year’
THE latest PRECINCT PROJECT is with MERITON resubmitting plans for its controversial Macquarie Park Site along Talavera Road.
The initial proposal which featured a 63-storey tower, was rejected by the council after 400 public submissions opposed the development.
MERITON has now resubmitted plans for towers of: 59, 44 and 37 storeys alongside its ‘Destination’!
“We are also now seeing the re-emergence of overseas students, investors chasing stronger yields and migrants back into the country.” Triguboff said.
With increased competition, and ‘Hot Money’ pushing up home prices …
READ MORE! Meriton Resubmits Plans for Controversial Macquarie Park Site
Today in a report in the SMH: ‘Developers slam state government for favouring urban sprawl over tall towers’ Urban Taskforce chief executive Tom Forrest alleges that the State Government has presided over a “dramatic downturn” in high-rise approvals and “there was a clear preference for greenfield development”. And defining those opposed to high-rise residential apartment towers as selfish and myopic.
WHO are selfish and myopic?
NOT DEVE-LOPERS who landbank, and per$uade some like-minded councillors to rezone for higher density developments robbing the neighbourhood of its amenity … to build storey upon storey … as high as 40, 60. 70 storeys … to make a motza?
AND market their ‘new homes‘ to South East Asia esp. China, Singapore, Malaysia, India et al?
WHAT would bring about a downturn in high-rise approvals?
That would not be a consequence of high-rise falling down, would it? … Yet despite this so-called downturn more high-rise precincts are underway in Macquarie Park, Carlingford, Epping, Lidcombe, Parramatta and … across the Central Coast. But this Mob always want more … far more …
WHAT areSydney’s other defective towersaside from the Opal Tower, and Mascot Towers?
To list somethat come to mind …
–‘Aya Eliza’, 93 Auburn Road, Auburn … its developer, Goldenia Developments, and sole director Merhis has been handed orders to fix its serious defects!
-2 Parramatta apartment towers by developer Merhis Group in the CBD and Hassall Developments issued with a prohibition order
–Centenary Park, 81-86 Courallie Street, Homebush West, Sydney.
–World Tower by Meriton
–45 Bowman Street, Pyrmont, Sydney; cladding
-another high-profile construction group, Ganellen, placed one of its companies into administration , midway through a court battle over defects
–Icon Construction Australia (NSW) Pty Ltd was placed into voluntary administration in November.
-Named as a “related entity” to Icon Co (NSW) Pty Ltd, The former of the companies is being chased over alleged defects in apartments it built at Rosebery, Waterloo, Hurstville, Bondi, Lane Cove, Greenwich and Five Dock.
CAAN copies here some Tradie comments about the Building Industry in July 2021 …. we will include them anonymously …
-“I left the building industry when I went to do the underfloor plumbing of a house to find the pad was half poured, when they realized they stopped and tryed to put big foam blocks in in the hope US plumbers and electricians could dig them out and do our services. Vorticon plastic had to be breached it was the biggest mess I’ve seen I feel so sorry for the owners I wish I could have told them. I did one apartment block, when I arrived they showed me a system for sewer that was noise resistant. They showed me the pipe bracketing and I couldn’t understand the concept the pipes were loose in their bracket this could only create noise. A dampener was on the pipe 300mm up from the bracket it was meant to sound absorb but was installed incorrectly. They gave me a brochure on the product and I came in the next day and taught them that the shock absorber was meant to be mounted directly above and on the sloppy brackets acting as a absorber so noise wasn’t transmitted through the bracket fixing creating noise when water went down the stack. They couldn’t believe it they always wondered how it worked and I showed these people who installed this product for 2 years wrong and it passed the plumbing inspectors eyes every time and the building inspector what a joke. They then pointed to the 100 apartment block across the road and said that job was bracketed in sloppy bracket with 2mm play rattling around every time someone used the toilet. Ignorance is bliss my stories could go for ever its embarrassing to be involved in construction.”
-“Being a boilermaker for the past 22 years I can tell you these days the quality is gone, imported junk not enough checking or inspections etc.extremely dangerous and a lot of ticking time bombs all over Australia.”
-“Don’t blame builders, blame poor regulations that allow them to do what they do”
-“To restore buyer confidence in a soft market”. What kind of prescription painkillers allows you to see this as a soft market? It’s still too hard for young people to jump onto the propery ladder, or rather, elevator. Why am i calling it an elevator? Because it’s moving up so fast that old players get better whilst new people can’t get a grip.“
-“nobody should be allowed to buy off the plan. people should buy only when buildings are finished and inspected. let us remember those buildings at olympic park and near the airport, the last one built by aland, aland refuses to fix it and people lost millions and millions.”
SO what is the cause of the collapse in housing supplyand massive rise in House Prices?
HAS the NSW Government reached its limits with deve-lopers infrastructure of roads, sewerage and fresh water? What an incredible proposition that this alone is the cause of the collapse in housing supply and massive rise in housing prices?
APART from government grants, and low interest rates, and increased competition from investors, the PRICE HIKE, of course, has nothing to do with the competition from the overseas marketing, visa manipulation, and Hot Money awash in our real estate … because the Real Estate Gatekeepers are exempt from the Anti-Money Laundering Laws …. cough … cough …
IS this report from the Urban Taskforce, ‘Standing Tall‘, to be believed when an earlier report in The Conversation by Jago Dodson: ‘The Carbon Devil in the Detail on Urban Density’ refutes what the UT puts:
“Alan Perkins and colleagues’ work in Urban Policy and Research, for example shows that on per-capita analysis, attached low-rise dwellings perform best in terms of CO2, with suburban and high-rise successively worse.
Such patterns arise because any valid assessment must account for all energy use. This includes energy ’embodied’ in a building during construction, plus energy used in ongoing operations. While residents of detached houses use high levels of energy to get around, because of their greater car reliance, their overall energy use per capita tends to be lower than high-rise residents.
This is because detached dwellings can consume less embodied and operational energy and that use is divided among a higher average occupancy rate (detached dwellings generally house more people than apartments).
The relationships between building type, urban form and CO₂ emissions become even more complex when income – or “lifestyle” – factors are included in the analysis. But it seems that high-rise urbanism exacts a high carbon cost.
The Australian carbon consumption atlas, prepared for the Australian Conservation Foundation by Chris Dey of the University of Sydney and colleagues, provides a striking illustration of this pattern.
Their work shows the highest per capita residential environmental consumption occurs in the higher density inner urban areas of Australian cities. The 37 tonnes of total CO₂ consumed per person each year by downtown Sydney residents is, for example, more than double the 16 tonnes produced by residents of Blacktown. There’s a carbon devil in the detail on density.
Such findings fundamentally confound the simple “high density good, low density bad” assumptions in current debates. High-rise apartments are far less of a solution to our urban environmental challenges than the prevailing consensus suggests. Even if better design could improve high-rise performance, so too could it improve that of other building types.”
WHY would UT push for more High-Rise? Why would they want 34, 58, 60, 70 Storeys?
WHY … because storey upon storey they make a hell of a lot more, and they can source their buyers from across the World … no matter that this is the ‘driest continent on Earth’ …
Associate Professor Philip Oldfield, head of the School of Built Environment at the University of NSW:
“In general taller buildings require more materials, and so have a higher embodied carbon,” he said. “They often rely on mechanical airconditioning, and have all-glass facades, so can have higher operational emissions as well.” …
Further, that there is an obvious profit motive for developers.”
WHO has been selfish?
Developer Lobby Groups, The Urban Taskforce and the Property Council of Australia and those allied since 2011 and particularly since 2013 with the Federal Liberal Coalition, and through the Foreign Investment Review Board ruling that allowed them to sell 100% of ‘new homes’ to foreign buyers … locking out Australian First Home Buyers …
SO why was the second tranche of the Anti-Money Laundering Laws for the real estate gatekeepers shelved for more than a decade and then the Morrison Government exempted real estate agents, lawyers and accountants in October 2018 from these laws? If it were not to create a huge demand by allowing money laundering in Australia’s property market? And facilitating what appears to be a never-ending demand for high-rise?
THIS has meant not only are our families locked out by dirty money, but our quality of life has deteriorated with the loss of Our Heritage, and Our Urban Bushlands to make way for development. Our public transport, hospitals and schools are all full-up at Taxpayers expense!
Myopic … indeed Housing has never been more unaffordable since the introduction of high-rise, high density and high immigration. Boomers were never faced with 10 years or more to save for a home deposit! FFS!
AS Professor Oldfield said: “A strategy for Sydney should be significant amounts of new four-to-eight storey mid-rise, suburban intensification and strategically placed tall buildings where there is access to infrastructure such as mass rapid transit.”
HOWEVER, at CAAN we suggest what needs to happen is a reversal of the FIRB Ruling allowing the 100% sale of our homes overseas; a cut to migration to a more sustainable annual 70,000 permanent migrants; rather than luring 400,000 – 500,000 temporary migrants with permanent residency on purchasing a home … and then just maybe our Families could raise a deposit for a detached home on the fringes if they so chose … having been priced out by the Gatekeepers from buying a home in the suburbs where they grew up!
The NSW Government could then possibly catch up with the infrastructure to meet current population demands! AS the property sector returned to buildingquality homes to Australian Standards!
DESPITE increasing building costs Triguboff remains upbeat about the apartment market … why wouldn’t he? The * Gatekeepers in Australia remain exempt from Anti-money laundering laws … with the Australian Housing Market opening up to Singapore, Malaysia, India …
THE latest from Meriton … it has lodged plans for a 30 storey apartment tower comprising 211 apartments above six levels of basement parking in Oxford Street EPPING close to the business area and Metro station. It will rise above its neighbours of 15 and 22 storeys.
Followingthe scandal of the Opal Tower, the Mascot Towers and the release of reports concerning the thousands of defective developments there was buyer resistance.
But with the housing boom a large cohort were priced out of detached housing, and had to resort to apartments reducing supply.
For those developers remaining in the market aside from Meriton, and following all the bad press, they are concentrating on smaller-scale, high-quality projects.
However MERITON is maintaining its high-rise developments to capture not only overseas investors (buyers), local investors, and the growing rental market for Australians locked out …
Storey upon storey Meriton makes a motza!
Did Harry lead the way through the Urban Taskforce for high immigration to boost sales in the apartment market? Cough … cough …
Harry has said:
“China has more than 1 billion people, and they love Australia. I think they love Australia as much as we love Australia. So there will always be enough of them that will buy.”
“The problem with Australians is they are very slow. They ask their lawyer, they ask their financial adviser, they ask their family, they ask everybody. The Chinese don’t ask anybody, they come off the plane, buy their unit and go.”
IN fact many stayed having gained a Permanent Resident Visa with benefits …
From early 2022 MERITON has experienced 50% of its sales from returning investors with a 10% growth in its rental market over the past 12 months to grow even more with the return of students and migrants …
MEANWHILE Meriton has massive projects currently proceeding in Macquarie Park (two), Sydney Olympic Park, Parramatta (66 STOREYS) and …. in the Gold Coast Queensland … Melbourne …
WITH international borders opening increases the competition and prices of these dwellings for Australians especially when competing with ‘hot money’ …
Triguboff said he expected unit prices to rise considerably in 2022 as construction costs continue to surge across the country and international borders reopen to migrants and students, placing pressure on the already low supply of apartments.
With Meriton occupying a large share of the apartment market it takes a proportionate large slice of the imported fittings and fixtures locking out other builders and clients …
Triguboff said: “at the same time thedemand for units from owner occupiers and tenants, while already very strong, will be boosted by the return of international students and workers,so we can expect theprices to go up considerably.”
A win/win for Meriton Property Services which offers up to 90% of the contract purchase price … AND offers a low cost mortgage loan whether a resident or non-resident, investor or owner!
SO that the real question is …
What has happened so that Meriton has won more than anyone else?
IT would appear this can be revealed from the disclosed political donations for the most recent elections in NSW and the Nation …
MERITON Properties Pty Ltd donated $260,000 to the Liberal Party of Australia and $10,000 to the NSW Division of the Liberal Party of Australia AND $5,000 to the CDP (Fred Nile Group) … which party is well-known for doing deals with the Libs …
COMPARE that to a mere $10,000 to the Australian Labor Party (NSW Branch) and $50,000 to the ALP (Queensland).
‘New Regulations for Infrastructure Contributions Released for Public Consultation’ | Lindsay Taylor Lawyers
Public consultation is now open for new instruments relating to infrastructure contributions reforms. Find out more from the experts.
This is an explanation by a solicitor about the tax but it will AFFECT SUBURBIA not just rural areas. *
This section is disturbing as the NSW Government can also push up the price of up to 20% at any time, and they don’t even have to let people know!
Clause 32 will allow more types of amendments to be made to contributions plans without re-exhibition, including changes to the cost of public amenities and public services and local infrastructure contribution rates set out in the plan as a result of adjustments made in accordance with proposed Division 1B.
ONE of the reasons it was also knocked back in the inquiry … BECAUSE of the powers the Planning Minister will have!
NOW they are trying to push it through again!
HOW good’s this a matter of a few weeks before Christmas … THIS is what they (NSW INC) do!
URGENTLY WRITE YOUR SUBMISSION AND SHARE THIS TO LET OTHERS KNOW!
Even a few lines may well suffice!
AND ensure others know so you can each contribute!