March Message from Michael Tilt, CEO

We’re back from our mini Easter break, feeling refreshed and trusting that you all received your fair share of chocolate eggs!

The past fortnight saw the local government elections in Queensland resulting in a mixture of new mayors, a few surprises and, most importantly, a measure of stability delivered to larger regional and city councils.  With that goes more certainty and the ability for developers to get on with the job.

The 2016 UDIA National Congress has also just been held around the theme of creating places where people want to be and looked at new ways of activating spaces.  Congratulations to Michael Corcoran, UDIA’s National President, on a successful conference which brought together an impressive range of speakers.

In other conference news, Brian Haratsis presented at the Australian Logistics Council Forum held in early March at Royal Randwick to a full house. With freight volumes in Australia expected to double over the next 20 years, Brian talked about the effect of global value chains on urban and regional planning.

Brian also delivered a couple of talks for the PCA in Wollongong and Darwin, looking at the unique economic environment of each city and what opportunities for development growth these offer.  Wollongong is showing fast growth in the health, medical and retail sectors coupled with a population surge.  While Darwin is experiencing a shallow downturn, defence spending in the NT is on the up, and there’s potential to increase Chinese tourism.  Brian spoke with local radio station 105.7 about the Darwin property market.

Tony Dimasi has also been out and about, talking in Perth on the retail sector.  Tony’s view is that, while the end of the mining boom has had a negative impact on retail, long-term trends indicate the link between mining investment and retail expenditure are not as direct as we might think.  He believes that retail will bounce back relatively quickly, say one or two years, in the mining states.

The federal government’s latest round of aged care allocations, just announced, will fund thousands of new bed places with close to $1 billion annually, driving significant growth and development across the health and ageing sector.  Macroplan has crunched some of the numbers and created an interactive map so you can see where the places are going.

Finally, we’re excited to see the introduction of the Greater Sydney Commission, the new peak body leading metro planning for greater Sydney.  Here’s to a bright future.

Want to know more? Feel free to get in touch with me via email or phone 02 9221 5211.

Michael Tilt
CEO
20MAR13JH-95

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