Australia and New Zealand Property Journal – June 2014 edition

The June 2014 edition of the Australia and New Zealand Property Journal is now available.

Our carefully selected content directly addresses the interests of property professionals both in Australia, New Zealand and around the world. Here's a summary of what you can expect:

Flexible homes

The cost of property ownership today restricts many from entering or moving within the residential market. The article, written by David Veerman, analyses this traditional pathway, and puts forward a more efficient residential housing solution, where properties should be designed to allow occupants to efficiently change the accommodation of the home from single-household to dual-household living and back again.

Trust in the property sector?

This feature will provide details on the state of our national property market; identify some of the top property trusts. With input from key fund managers, this piece aims to decipher the best strategies and identify the most sought-after assets/regions for property investment, as well as put forward some advice for investors.

Confidence in the A-REITS

This report presents analysis based on ongoing research by BDO into investor confidence in the Australian real estate investment trusts (A-REITS), the driving force behind these confidence levels, and what we can expect from the shifting economy and investor landscape now and into the future.

IVSC releases practical guide to the audit process

Earlier this year the International Valuation Standards Council (IVSC) released a guide to the audit process for professional valuers. It is a very practical guide and helps to demystify the sometimes arcane world of the accountant. Roy Farthing provides a helpful summary of the IVSC Guide and how it pertains to the financial reporting and valuation environment.

Property trends in the self-managed super fund market

Grant Thornton will provide a detailed analysis of current SMSF property trends, covering the changes in proportion of property held in SMSFs, the increasing desire for trustees to use super borrowing arrangements, the current approach of banks to lending, as well as listing the potential pitfalls for the stakeholders in this investment activity.

Acquisitions: A multi-disciplinary approach

As a regular representative of dispossessed property owners in acquisition/resumption matters, solicitor Bruce Coodes details why a multi-disciplinary approach to acquisition can benefit both property owners and the valuation profession. This insightful paper explores concepts such as market value, potential losses, and government instrumentalities versus private entities.

The right to claim economic losses from infrastructure projects

The team at Beatty Legal discuss whether economic losses can be claimed by businesses when infrastructure changes threaten to take away trade. The timely question is related to major infrastructure changes, such as construction of the proposed light rail along George Street, or changes to major road routes, which may diminish pedestrian access to a business way.

Population and housing demand

Using research from RP Data coupled with ABS figures, this paper will examine the latest activity and motivations driving population growth and decline, due to both interstate and international migration. The piece will explore which states are recording the biggest migration, and what this ultimately means for housing demand.

Legal Notebook

DLA Piper provides insight into the implications that recent legal cases hold for property professions, this month exploring the importance of how to translate wording and definitions in legal clauses, in particular how it affected the recent case between Lend Lease Ltd and the NSW Government.

Where are all the young women?

An issue which impacts business productivity, equality and the overall economy, this question should be on the lips of all leading industry players looking to expand their organisation and enhance innovation. In this edition of ANZPJ we aim to help bridge any gender crevasse, exploring issues such as a flailing pipeline, recruitment and retention practices, while presenting some first-hand experience and advice from young women looking to make their mark in property.

Talent retention: Up your game

With the propensity for Gen Y and Gen X workers to report to baby boomers, bosses continually rely on ideas of company loyalty rather than reward and recognition. Younger generations are playing professional leapfrog, with an average of 14 jobs by age 30, with experience and engagement key to attracting their much-needed skills and insight. This report explores ways of attracting and retaining talent by tapping in to what’s important to young property professionals in the workplace.

Thought leader Margaret Lomas

For our June edition, finance expert and best-selling property author, Margaret Lomas, shares her research and expert advice on the state of the economy and the property market following the release of the latest Federal Budget. Lomas discusses the winners and losers in the sector and gives expert advice on investment activity.