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ALP's Commission Flat Building Boom Underway Without Community Consultation

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Written by Marc Pallisco   
Wednesday, 10 March 2010 10:17

THE Federal Government’s contentious plan to build record amounts of commission flats and social housing around your streets, and without proper community consultation – seems to finally have caught the attention of the wider community.

Despite anger in some States that details about the mass roll-out of commission flats have been deliberately kept from the community – the State ALP governments are pushing ahead with major public housing projects.

State governments need to do so in an attempt to collect part of the massive taxpayer-funded $5.6 billion the Federal ALP government has allocated to the initiative, for projects completed before a 2012 deadline.

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Lend Lease Appoints New Director of Operations

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Written by Marc Pallisco   
Wednesday, 10 March 2010 10:01


LEND LEASE has announced the appointment of a new director of operations, Scott Charlton.

Details of the appointment are in the Lend Lease statement copied below:

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Developer Employs Julia Gillard's Partner to Sell Apartments

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Written by Marc Pallisco   
Monday, 01 March 2010 13:37

THE PROPERTY developer which recently and curiously appointed would-be-Prime Minister Julia Gillard’s partner, Tim Mathieson, a hair products salesman, to sell its luxury apartments, has sought Ministerial approval to build a landmark skyscraper, opposite the Queen Victoria Market and Flagstaff Gardens.

Ubertas Group plans to demolish an existing two-level office building at 330 – 360 William Street, and replace it with one of two high density proposals, which the government says – because of the development’s proposed scale - the Minister for Planning Justin Madden must approve.

The biggest proposal being considered is for a 50-level complex with 626 apartments, but earlier this month a (relatively) smaller proposal, of 35-levels and including 476 apartments, was submitted to the Minister for consideration, a spokeswoman for Mr Madden’s office said.

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Austock-Controlled Australian Education Trust to Reap $40 Million From Child Care Centres

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Written by Marc Pallisco   
Thursday, 25 February 2010 12:49

THE ASX-listed Australian Education Trust, controlled by Austock, will sell a portfolio of 30 child care centres across Australia.

The centres will be sold with an average 10 year lease, according to a statement issued by Colliers International, and will be auctioned in a staggered campaign starting late next month.

Colliers International said “the properties provide an institutional grade investment opportunity, with an entry level price [into the commercial property investment market] and attractive yields.”

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Queensland Based Watpac Wins $40 Million in Contracts

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Written by Administrator   
Wednesday, 24 February 2010 22:36

Watpac’s Civil & Mining division has successfully bid for $40 million worth of projects in recent months around the country.

Yesterday in Queensland the division was awarded a $30 million contract on the Flinders Street Redevelopment in Townsville.

This major project for the Townsville City Council will see the existing pedestrian mall converted into a roadway and footpaths, reopening the space to vehicular traffic.

 

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