Page 9 - Danni Hunter News Today

The southern state’s plan to raise $40 million from uplift on rezoning land is a small part of the $2.7 billion it aims to make but will have big implications.

Developers and land speculators who reap windfall gains when their property is rezoned will be hit with a 50 per cent tax if the gain is worth $500,000. The brunt of the new tax increases would be worn by landlords, with the state’s land tax haul to lift by more than 10 per cent, and stamp duty to raise $761 million by adding a premium to stamp duty payments for property transactions valued at more than $2 million. Treasurer Tim Pallas said on Saturday that the changes were about “making su...

Advertisement Melbourne’s glut of empty CBD offices and apartments could be used to revive the inner city’s ailing creative sector, which has left the area in droves over the past 20 years, according to a leading urban designer. Hodyl and Co managing director Leanne Hodyl, who conducted a built form review of the CBD for the Victorian government, said there was more empty office and student apartment accommodation in the city than there was demand for either. Could Melbourne’s ci...

Advertisement Victoria’s building industry took a $370 million hit last year as the COVID-19 crisis locked international students out of Australia, causing cash-strapped universities to stop building, and apartment projects to stall. The Property Council of Australia said the knock-on effects from the absence of overseas students had cost the state’s economy more than $1 billion and kept 13,000 Victorians out of work. Raymond Mah of DKO Architects says the student accommodation build...

Confidence in Victoria’s property industry lags behind national average By Bianca Dabu 15 April 2021 | 1 minute read SHARE While confidence continues to climb across a majority of the nation, Victoria is lagging behind as it struggles to recover from the impacts of COVID-19. In the latest ANZ/Property Council of Australia industry confidence survey, Victoria scored a slim 124 index points for the March 2021 quarter – below the national average of 142. A score of 100 is considered neutral. ...

Date Time Victorian confidence lags nation, with medium-term outlook improving The latest ANZ/Property Council of Australia industry confidence survey highlights Victoria is lagging behind the rest of the country with a long way to go on the path to recovery. Property industry confidence in Victoria is the lowest in the nation at 124 index points for the March 2021 quarter – below the national average of 142 index points. A score of 100 is considered neutral. However, medium-term outlook in V...

Right to disconnect fight to expand as unions push claims in enterprise agreements Posted 3 updated 1 AprApril 2021 at 8:34pm Unions are pushing to enshrine the right of employees to ignore non-emergency work contact outside of their rostered hours. ( Share Print text only Cancel Some of the nations biggest unions are pushing for more Australians to have the right to disconnect from phone calls, texts and emails outside of work hours, but employers warn it could stifle flexibility for both bus...

Right to disconnect looms as massive work change giving lives back to employees Posted 2 updated 2 AprApril 2021 at 8:59pm Unions are pushing to give workers the legal right to ignore non-emergency out-of-hours work calls, texts and emails. ( Print text only Key points: Apart from emergencies, theyre not to be contacted outside of work hours Other unions will fight to have the right apply to workers they represent But the "digital leash" — the compulsion to answer calls, texts and emails out...

Free transport and early knock-offs are part of a plan to lure Melbourne city workers back to the CBD.

Office workers in Melbourne’s CBD would be encouraged to knock off at 4pm on Fridays, under a new proposal the Property Council of Australia (PCA) says would revitalise trade and workplace occupancy in the hard-hit city centre.