Property Council of Australia

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The planning game

Yesterday - Caroline Munro
3D visualisation of precincts is a boon for urban planners and designers, but even the most advanced 3D software means little without the right data to back it up.

07 Feb 12 - Amal Awad
Specialising in hotel and tourism proves profitable for one project management company and, despite uncertain economic outlook, founder Drenka Andjelic is looking forward to opportunities and diversification in 2012.

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Office markets defy doomsayers

Australia's office market has shrugged off gloom about the wider economy, recording a decrease in vacancy to its lowest level in three years, according to research from the Property Council of Australia.

Advocacy

Growth and Nation Building
Australian cities must be exciting, accessible and safe in order to be magnets that attract and leverage capital and talent.

Policies
- My City: the people's verdict
- Office Market Report January 2012
Fairer Taxes
Property bears a disproportionate share of Australia's tax burden.

Policies
- Henry Tax Review
Cutting Red Tape & Borderless Markets

Australian business struggles under increasing regulation which stifles efficiency and productivity.
Climate Change & Environment
The property industry has a clear plan for addressing climate change.

Policies
- Mandatory Disclosure Toolkit
Housing & Community Dividends

Effective policy is required to deliver community safety, corporate reporting and housing affordability, which is now out of reach for many Australians.
Governing Smarter

Australia needs to rethink and modernise the Federation.
Skills & Innovation
Properly funded training and a greater emphasis on R&D is required to instil and maintain the skill levels of property professionals.

Policies
- Property Australia
Sectoral Growth Strategies
Each sector of the property industry faces hurdles that undermine productivity and reduce returns on investment.

Policies
- Property Industry Confidence Survey

Multimedia

Congress in brief A snapshot of Congress 2011, held in Darwin
Results unpacked Experts on the July 2011 Office Market Report
Australia in 2050 Radical vision on population growth
Mandatory Disclosure What you need to know
Retail owners Takeouts from UK & US markets
Environmental law Garrett outlines Government position
Top 10 tips Practical tips to be "green"
EB Case Studies A review of 4 case studies
Capital Markets The market for existing buildings
Empire State Building Retro-greening an icon

Soapbox

Dumb blonde can jump puddles to sweet spot

Wednesday, 01 Feb 12
Australia has been tagged the “dumb blonde” of the world. It’s attractive, but shallow – a kind of Pacific Paris Hilton, “living every day as if it’s your birthday” from inherited, unearned resource riches.

Comments (0)

Peter Verwer: New vibe for a more livable castle
Peter Verwer: Finding common ground
Peter Verwer: Talkin’ ‘bout cogeneration
Peter Verwer: Why won’t they listen (for their own good)?

People Watch

Targeting cities: Joel Kotkin
14 Mar 2011
Why is Sydney eating itself? And why is urban planning threatening the great Aussie ‘fair go’?

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Who's making their move in property?

State by State

Property Council Divisions

We maintain offices in every state and territory around the country.
Check out your local advocacy and property news now!

Vacancy rates decline in nation's capital

02 Feb 12 - ACT Division
Canberra's office vacancy rate is at the lowest leve in 2 years, according to new research from the Property Council of Australia.
Global headwinds trim CBD demand

02 Feb 12 - NSW Division
Sydney’s high exposure to turbulence in global financial markets has curbed current demand for CBD office space, according to the Property Council of Australia’s latest Office Market Report.
Supply additions push Darwin vacancy rates to new heights

02 Feb 12 - NT Division
New data on the Darwin office market released by the Property Council today shows that office vacancy levels in the Northern Territory are continuing to rise.
Strong demand tightens Brisbane office market

02 Feb 12 - QLD Division
Brisbane CBD vacancy rate has been driven down by strong demand for space, according to new research by the Property Council.
Steady Adelaide office market anticipates resources-led rebound

02 Feb 12 - SA Division
Steady office market vacancy figures released today show South Australian businesses in a ‘holding pattern’ as they balance their concerns for international economic conditions against mounting confidence in an Olympic Dam-inspired boom.
Hobart office vacancy the highest in eight years

02 Feb 12 - TAS Division
Hobart’s CBD office market is facing the worst office vacancy rate since 2004, signalling the downturn of white collar employment across the CBD.
Supply withdrawal pushes Melbourne CBD office vacancy

02 Feb 12 - VIC Division
Melbourne’s office market vacancy rate decreased in the six months to January 2012 due to both demand and withdrawal of supply, according to the Property Council of Australia’s latest Office Market Report.
Office Market Report Presentation available online

02 Feb 12 - WA Division
The Property Council’s Office Market Report Presentation for the Perth & West Perth markets is available in PDF format.
Have your say on NABERS tools

31 Aug 11 - SCCA
The Property Council is keen to hear your views about the real world operation of NABERS.
Long term commitment required to fix housing

07 Feb 12 - Residential Development Council
The upcoming Federal Budget should deliver a long-term strategy that meets the housing needs of all Australians according to the Residential Development Council.

Capital Markets

Westpac predicts short-term economic decline

30 Jan 12
Manufacturing prices, the all ordinaries index and overtime have negatively attributed to Westpac’s leading economic index – bringing results below its long-term trend.

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Commercial property investment activity on the rise, Eurozone investors remain active

30 Jan 12
Commercial property investment transactional activity increased in the last quarter of 2011, after two consecutive quarters of decline, according to a new report.

Sustainability

Victorian inquiry to address low-carbon energy ...

01 Feb 12
A Victorian Competition and Efficiency Commission inquiry will address how to encourage the creation of low-emission energy among households and businesses.

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Pricing carbon and the property sector

02 Feb 12 - Property Council
The Federal Government’s carbon price mechanism comes into effect on 1 July 2012. The Property Council has compiled a range of resources to assist members in the transition.

Office

Asia Pacific office performance dampened by ...

06 Feb 12
Demand for office space in Asia will continue to suffer from a weak global economic outlook, according to Knight Frank. However, prime assets in China’s largest cities will remain strong.

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2012 to be a turning point for Canberra office market: CBRE

06 Feb 12
New analysis from CB Richard Ellis says a turning point will be reached in Canberra this year where Civic vacancy rates could fall as low as 2.2 percent. The Office Market Report pegs Canberra’s vacancy at 10.6 percent.

Infrastructure & Planning

Industry welcomes new Urban Policy Forum

20 Jan 12
The Property Council has welcomed the Government's new Urban Policy Forum.

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Building markets to look back to private sector

30 Jan 12
Building markets will increasingly look to the private sector for new workload, according to Rider Levett Bucknall.

Residential

National median house price increases over ...

30 Jan 12
Australian house prices have risen for the first time since September 2010, a new report finds.

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Capital city home value decline decelerating, RP Data revises November home value increase

06 Feb 12
RP Data has revised its November Home Value Index to a +0.4 percent increase in home values, making it the biggest month-on-month home value increase seen since May 2010.

Retail

Unlisted retail returns shadow other asset ...

30 Jan 12
Unlisted retail funds continue to trail other listed asset classes for returns, according to new research.

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Will online sales doom physical retailing?

06 Feb 12 - Emma Carroll
Online retail sales won’t kill the shopping centre, but the boundaries between them will blur and merge.

Resource Centre

Media Releases

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Submission

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Advertising & Sponsorship

Shop Front

Property Australia: February 2012
Game on: How gaming technology is changing design and build

Research

Jul 2011 Office Market Report
Total Vacancy by Capital City
Sydney CBD	9.3%
Melbourne CBD	5.8%
Canberra Region	13.3%
Brisbane CBD	7.4%
Perth CBD	7.8%
Adelaide Core	7.3%
Hobart CBD	4.6%
Darwin CBD	7.2%
Visit www.OfficeMarketReport.com.au for more information.

Q1 2011 Investment Performance Index
Total Annual Returns by Sector
Composite Property	10.4%
Retail	10.3%
Office	10.8%
Industrial	8.5%
S&P/ASX 200 A-REIT	5.0%
S&P/ASX 200	3.4%
CBA Bond: All Series, All Maturities	6.5%
Download the Q1 2011 headline results.
Visit IPD Australia's website for more information.

March 2011 Construction Activity Forecasts
Annual Growth Rates by Sector
Residential (3 Year)	6.6%
Residential (5 Year)	6.5%
Residential (9 Year)	5.1%
Non-Residential (3 Year)	-1.7%
Non-Residential (5 Year)	0.6%
Non-Residential (9 Year)	2.3%
Engineering (3 Year)	9.4%
Engineering (5 Year)	6.8%
Engineering (8 Year)	3.1%
Visit www.cfc.acif.com.au for more information.

Leading Indicators

February 2012

Leading Indicators measures the movement of market indicators across Australia, together with Davis Langdon's Tender Level Index.

Leading Indicators February 2012

Advocacy

Growth and Nation Building

Fairer Taxes

Cutting Red Tape & Borderless Markets

Climate Change & Environment

Housing & Community Dividends

Governing Smarter

Skills & Innovation

Sectoral Growth Strategies

Multimedia

Soapbox

People Watch

State by State

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Resource Centre

Media Releases

Submission

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Leading Indicators