What to Expect from the Australian Property Market in the Next Five Years

The Australian property market is set to navigate a dynamic and evolving landscape over the next five years. Several key factors, including demographic trends, government policies, and global economic shifts, are poised to shape its trajectory.

Changes to Estimated Development Cost

Changes to Estimated Development Cost

The NSW Government has implemented a new, simpler, and more transparent method for estimating development costs. Under these changes, the department will adopt the term 'estimated development cost' (EDC) throughout the planning system. This will impact the calculation of fees for local, regional, and state-significant developments, as well as the determination of planning approval processes. 

"The Globe": A Visionary Mixed-Use Project Set to Transform Wollongong's Heart

"The Globe": A Visionary Mixed-Use Project Set to Transform Wollongong's Heart

"The Globe": A Visionary Mixed-Use Project Set to Transform Wollongong's Heart

Wollongong, Australia – September 27, 2023 – MMJ Town Planning & Advisory, ADM Architects, and Jackson Teece, in partnership with The Globe consortium, are thrilled to unveil an extraordinary redevelopment project that is set to reshape the heart of Wollongong's Crown Street Mall and Globe Lane. Aptly named "The Globe," this visionary mixed-use development marks a monumental stride in enhancing the vitality of the Wollongong CBD.

Australia's interest rate remains on hold at the historic low level of 0.1 per cent

Australia's interest rate remains on hold at the historic low level of 0.1 per cent

The Delta outbreak has interrupted the recovery of the Australian economy and GDP is expected to have declined materially in the September quarter. The outbreak is affecting many parts of the economy, but the impact is uneven, with some areas facing very difficult conditions while others are continuing to grow strongly.