UDIA NSW news
Focus on Hunter Growth: Celebrating Excellence
This month’s Hunter Developers Update highlights the recent success of AVID Property Group’s Thornton North residential project, Harvest. Harvest’s boutique community was ranked a finalist in the 2016 UDIA NSW Awards for Excellence.
Building a Future for Kids with Cancer
UDIA NSW Hunter members McCloy Group and McDonald Jones Homes have collaborated in a major fundraising initiative as part of International Childhood Cancer Awareness Month in September.
Upcoming Event: Christmas Luncheon
Join your development industry colleagues on Thursday 24th November for the UDIA NSW Hunter Christmas Luncheon at Noah’s as we celebrate the year’s success and discuss 2017’s opportunities for growth. We welcome guest speakers Geoff Crowe, CEO Port of Newcastle; and Michael Cassel, Program Director, UrbanGrowth NSW, who will discuss the city’s revitalisation efforts, the Port’s growth plans and their impacts on the Hunter economy.
HWC: New Standard for Entry onto Third Party Property
In response to advocacy by UDIA NSW, the Hunter Water Corporation (HWC) has modified its policy regarding HWC’s role in dispute resolution with third party land owners. HWC has adopted a new Standard: Developer Works – Entry onto Third Party Property.
Ausgrid: Update on Cable Supply, and Changes to Design Processes
UDIA NSW Hunter Committee members met with representatives from Ausgrid to discuss a range of issues impacting the industry, including the supply of copper triplex cable.
Foreign Investors' Tax
As part of the 2016 Budget, the government announced that a stamp duty surcharge of 4 per cent was to apply to all acquisitions of NSW residential real estate by foreign investors. Further from 2017, a land tax surcharge of 0.75 per cent is to apply to holdings of NSW residential land by foreigners.
Consultation for the Greater Macarthur Priority Growth Area closed on 7 September 2016. In 2015 the government released draft plans for precincts around the seven rail stations from Glenfield to Macarthur as well as plans for new land release including Mount Gilead, Menangle Park and a new town in Wilton. Following an initial round of public consultation,
Seniors' SEPP Review
As part of the Government’s incremental planning reform, the Department of Planning is currently undertaking an extensive State Environment Planning Policy (SEPP) Review process.
International Speakers Lined Up for UDIA NSW Annual State Conference 2016
Geopolitical futurist Parag Khanna who is speaking at the upcoming UDIA NSW State Conference, foresees a world in which megacities, supply chains and connective technologies redraw the map away from states and borders.
Draft Biodiversity Offsets Calculator
In late April 2016, the NSW Government released a comprehensive Biodiversity Reform Package. The legislative package is designed to replace the Native Vegetation Act, Threatened Species Conservation Act, the Nature Conservation Trust Act and parts of the National Parks & Wildlife Act. Although the reform package is intended to simplify land management and biodiversity conservation, it is wide-ranging, detailed and multi-layered.