With COVID-19 came an acceleration of many trends that had been discussed in the industry for some time. In this edition of The Lot, we explore some of those trends and changes, including build to rent, affordable housing, the increasingly complex and expensive foreign investment regime and changes to owners corporations.
By James Beauchamp, Catherine Marino
Build to Rent is rapidly gaining momentum across Australia. The Victorian State Government recently pulled some of the necessary levers on tax concessions and planning reforms needed to support this emerging asset class.
By Nick SparksNitaya Nicholson
In the midst of the COVID-19 pandemic, Victoria’s last budget announcement came with a $5.3 billion investment in the ‘Big Housing Build' but are we finally turning the corner?
By Nick Sparks
This article focuses on on-sales, how they can assist a developer with ongoing regulation of the developer’s requirements, legal and practical enforcement measures when a purchaser does not comply with built form requirements.
By Nick SparksAthina McGregor
The OC Amendment Act changes will come into effect on 1 December 2021, unless proclaimed earlier. Read on to find out what the changes are and how they might impact developers.
By Chong Ming GohAmelia French & Daniella Cox
In January 2021, we saw major reforms to Australia’s foreign investment framework. In response to growing national security risks, changes have been introduced to strengthen and safeguard Australia’s national security and critical infrastructure.
By Nick Sparks
The practical difficulties of being unable to physically work together during COVID-19 brought a number of changes to enable parties to execute documents electronically. Find out how this impacts purchasers, tenants and developers.