From HomeBuilder to hangover: where will housing development land?
The perfect pandemic storm has resulted in surging demand for housing, and greenfield land developers are riding the wave. However, challenges lie ahead.
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The COVID-19 housing demand, boosted by government stimulus for new housing, by low interest rates, and by changing housing preferences, has been an absolute boon for the nation’s greenfield land developers.
The question is whether the surge in demand, which includes a substantial pull-forward of future activity, can outlast the end of the Commonwealth government’s HomeBuilder stimulus, and the lowest population growth in 100 years.
Beyond that question are broader issues. How does the greenfield development industry meet the post-COVID challenges of productivity, sustainability and affordability?
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Directors must face cyber risks
Boards and managers of the largest public firms will soon be held responsible for protecting customers and shareholders from cyber risks, at the same time threats from criminals and state actors escalate.
Mar 11, 2021 – 12.00am
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A regulatory train labelled “cyber risk management” is barrelling towards hundreds of unsuspecting and ill-prepared directors of ASX top 200 companies.
That’s one of the conclusions to be drawn from Chanticleer’s analysis of the Morrison government’s cyber security strategy, which includes changes to directors duties under the Corporations Act in the second half of this calendar year.
Secretary of the Department of Home Affairs, Mike Pezzullo, says cyber protection is about partnerships between government and business.
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