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Regional Economic Development

Regional devt more important in Queensland – CEDA

STRONG government support for regional development is more important to Queenslanders compared to other states, while Queenslanders are less likely to feel like they have gained from economic growth and are less satisfied with work, according to results of a nation-wide poll.

The Queensland results are part of a major national poll commissioned by the Committee for Economic Development of Australia (CEDA) for its report Community pulse 2018: the economic disconnect.

The CEDA poll explored who has gained from Australia’s record run of economic growth; their most important issues personally and to the nation; and attitudes to work.

CEDA chief executive Melinda Cilento said the Queensland results, in line with the national results, showed the state placed a high level of importance on government services, in addition to being focused on regional growth and jobs. 

“Overall Queensland respondents were more likely to feel like they have not gained, or don’t know if they have gained, from Australia’s record run of economic growth compared to national results – 59 percent compared to 55 percent nationally,” Ms Cilento said.

“Unemployment and youth unemployment are both higher in Queensland than nationally and slightly higher again in regional areas.

“This is no doubt one of the factors impacting on how Queenslanders feel about the economy and their current circumstances.

“In addition, regional growth and jobs are an important contributor for the state with a higher proportion of jobs based outside the capital city than in other states,” Ms Cilento said.

“There are almost 2.5 million people employed in Queensland and around half of those are outside the greater Brisbane area. It is therefore unsurprising that government support for regional development is ranked as more important in the issues of personal importance.

“Despite 27 years of uninterrupted economic growth many Australians are telling us through this survey that they don’t feel like that are getting ahead, and that feeling is stronger in Queensland.

“Stagnant wages and cost of living pressures are likely factors but regardless, we need to do better at connecting communities’ expectations and aspirations with economic benefits,” she said.

“This will ensure there is support for the economic development and reform needed to keep Australia competitive.On the job front Queenslanders are less satisfied with their current level of pay, benefits such as superannuation, level of job training and conditions in the workplace.

“When looking for a job, consistent with national trends, conditions in the workplace was the most important factor.

“However, Queenslanders are more interested in progressing in their careers. Opportunities for career progression was much more likely to be ranked as very important by Queensland respondents (55 per cent compared to 42 per cent nationally).”

On the national issues of greatest importance, Ms Cilento said Queenslanders were in line with the national results placing greatest importance on high quality and accessible public hospitals; strong regulation to limit foreign ownership of Australian land and assets; increased pension payments; high quality and choice of aged care services; and high quality and accessible public schools.

“The top personal issues in Queensland, in addition to regional development, aligned nationally with reliable, low cost basic health services; reliable, low cost essential services; access to stable and affordable housing; affordable, high quality chronic disease services; and reduced violence in homes and communities, rating as of high importance,” Ms Cilento said.

“Much like the other states, the expectation that government should provide the services fundamental to the quality of life in Australia remains strong.

“Interestingly one of the areas of least importance was commuting times. Nationally this ranked as of low importance but in Queensland it was even less important compared to the national ranking.”

www.ceda.com.au

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Seachange lifestyle becomes ‘transformative’ for over 50s

WITH POPULATION RESEARCH projecting that more than five million Australians will be over the age of 65 by 2025, luxury lifestyle communities for over 50s are coming into their own and development has accelerated in recent years.

Many developers are so confident of growth in the sector that they are taking a more creative approach, changing the face of the retirement sector. One developer with runs on the board is Seachange Lifestyle Resorts – a brand of Queensland design and construction company Pradella – and its approach is paying off in terms of sales.

“Baby Boomers are much more demanding than the last generation,” Pradella Property Ventures sales and marketing director Alex McMahon said. “ The push toward functional specialisation in the over 50s sector, has crucially directed homes be designed to meet the demand for low-maintenance homes with a high-level of technological connectivity and security to better suit the generational change of today’s buyers. 

“If you think the new Toowoomba Seachange Lifestyle resort is a magnet for buyers wanting to relax, catch up on all those years of lost sleep while you raising a family or pursuing your career, then you would be correct.

“This modern staged development has been planned as a dynamic 162 home boutique community delivering state-of-the-art facilities and bearing all of the hallmarks of a 5-star resort.

“The success story of this Harristown development is our careful planning and our commitment to ensuring the development responds to the greater community objectives.  An example of this would be the provision of larger allotments and space for residents to have their own garden beds,” he said.

“The focus being on choice, if you’re not a gardener or want no maintenance then you can have that, but if you enjoy gardening then Seachange Toowoomba offers an enviable northerly aspect and lots of space to continue this hobby. It is intended as a community within a wider community, homes are consciously designed to smooth the transition from larger home to a more luxurious, secure environment where home owners can take on as much or as little as they want from this new lifestyle,” Mr McMahon said.

Mr McMahon said he took note of a recent study that revealed today’s purchaser was younger than their years would suggest. He said the evidence was that they were living longer, active later, using technology more and even working later in life than previous generations of retirees.

“More than one in seven of our past Seachange lifestyle resort owners in South East Queensland are still in paid employment and based on these trends we will see increasing numbers of our home buyers for our luxury lifestyle communities who are not in fact retired,” Mr McMahon said.

“As a developer of over 50s communities, our focus weighs heavily on these aspects. It’s why we invest a lot of time into researching market trends, finding the right sites, developing masterplans and creating homes that respond to the needs of modern over 50s.”

Mr McMahon said Seachange Toowoomba had responded to the baby boomers' desire to downsize their financial commitments while upsizing their lifestyles with homes available from $379,000.

Local builder Nick Ruhle said the modern and spacious floorplans had been designed to enhance natural light and safeguard practicality allowing for a comfortable and convenient home design.

He said the various home styles on offer had been specifically created to maximise the liveable space in each home in an effort to overturn the common misconception that a smaller scale home is not suitable for comfortable living.

www.seachangelifestyleresorts.com.au/locations/toowoomba

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Seachange taps in to over 50s trend for 'luxury' lifestyles

WITH OVER five million Australians expected to be over the age of 65 by 2025, luxury lifestyle communities have exploded over the past few years – and many developers are taking the opportunity to change the face of the retirement sector.

Pradella’s Seachange Lifestyle Resorts is one developer that has expanded its range of residential projects by releasing architecturally designed homes in prime unique locations, exclusively for the over 50s market to explore creative life choices in a secure environment.

"We brought this approach to both our current Upper Coomera and Toowoomba projects and made modifications to the masterplans to create designs that will grow with the community and help create a truly better place to live,” Pradella’s director of sales and marketing Alex McMahon said.

“Today's baby boomers have high expectations for their retirement lifestyle, so location and design of the home are both vitally important.

“As a developer of over 50s communities our focus weighs heavily on these aspects, it's why we invest a lot of time into researching market trends, finding the right sites, developing masterplans and creating homes that respond to the needs of modern seniors. 

“With a north-easterly orientation, positioned overlooking a grove of stately pine trees atop rolling green lawns flowing gently down to the Upper Coomera River, Seachange Riverside Coomera is fast becoming a premium lifestyle choice that offers downsizing with style,” Mr McMahon said.

The strong connection to both the river and the hinterland that surrounds Seachange Riverside Coomera has driven buyer demand from within a 10km radius. 

According to Mr McMahon, Seachange has a staged construction approach “with quality resort style facilities offering a diversity of activities and community social elements for wonderful community engagement”.

“Our philosophy is to create a welcoming community to allow residents to enjoy our great Gold Coast climate,” he said.

Seachange Riverside Coomera has responded to the baby boomers’ desire to downsize their financial commitments while upsizing their lifestyles, with homes available from $449,000.

Alex McMahon said, “People have more time and want to enjoy their lifestyle, to take advantage of a full range of activities and facilities to reconnect with friends and extended family.  Manicured lawns, fully equipped clubhouses, gym and swimming pools, everything tailored to maximise the resident’s lifestyle.  

“Everyone is inherently social, in additional to traditional facilities Seachange Riverside Coomera has a Bocce court and community garden recognising our owner’s diverse interests" Mr McMahon said.

“Lifestyle decisions are very personal. That’s why we encourage prospective buyers to inspect Riverside Coomera and chat with our residents to judge first-hand the natural affinity to the over 50s environment at Riverside Coomera.” 

www.seachangelifestyleresorts.com.au/locations/coomera/

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Springfield is driven by city innovation

SPRINGFIELD City Group has signed a memorandum of understanding (MoU) with the Queensland Government to collaborate on new city technology innovations. 

In a sign of ‘things to come’, Minister Jones used the Springfield visit to sample Autonomous Vehicle Shuttle trial, operating as part of a separate test event by Easy Mile in Springfield Central, between Orion Lagoon and the University of Southern Queensland.

Ms Jones said the MoU covers areas of collaboration on innovation attraction, ecosystem development, as well as energy and big data innovation.

“Springfield City Group was delighted to get a glimpse of the future of transport and to be able to join in the experience with our community,” Mr Sinnathamby said.

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Construction having best year in a decade

MASTER Builders Australia is seeing the commercial construction sector have its best year in more than a decade, led by new transport and logistics infrastructure and a surge in Asian investment in hotels and resorts.

It may be enough to moderate a slowdown in residential construction and a consolidation in the engineering sector, Master Builders research is suggesting.

“With forecast growth of more than 14.5 percent (equal to $5.3 billion) commercial building activity will be strong enough on its own to drag the whole industry back into positive territory for the first time in four years,” Master Builders Australia’s national manager for economics, Matthew Pollock said. 

Mr Pollock said the latest Building & Construction Industry Forecasts produced by Master Builders Australia showed total commercial construction activity was expected to contribute $42 billion to the economy in 2017-18.  

“With a small moderation expected in the value of residential construction work and another year of consolidation in the engineering sector, the timing of this surge in commercial construction couldn’t be better,” Mr Pollock said.

“Better yet, new commercial construction projects will provide job opportunities for workers who may be finishing up on major high density residential projects over the next 12 months or so.

“New retail related construction is expected to rise to $6.9 billion in 2017-18, led by the recent introduction of some big international retailers, including Amazon which recently built a large distribution centre in Melbourne’s Dandenong South and plans by Aldi to open another 30 stores across the country in the next 12 months,” Mr Pollock said.

“Asia continues to be a strong source of tourist visitor numbers, particularly from Japan, South Korea, Malaysia and China. Asian investment is following the tourists with $4 billion committed to the construction of new pipeline of resorts and hotels with Queensland’s resort sectors forecast to do particularly well,” he said.

“Looking a little further down the track, the government’s investment in major transport infrastructure is ramping up and will support a boom in transport related construction over the next five years. There are currently more than $170 billion in transport projects in the pipeline, with activity expected to peak in 2019-20.

“This work will provide jobs for years and also provide much need productivity enhancing infrastructure. Master Builders has called for a greater focus on infrastructure investment to support businesses, but also to boost new housing supply and help with housing affordability,” Mr Pollock said.

“On the residential building front, the last three years saw unprecedented growth in new housing construction. We have built more than 200,000 new dwellings per year – a feat unmatched in our history. 

“Despite the forecast showing a moderation in new dwelling construction, we expect new commencements in 2017-18 to top 195,000 and average around 185,000 thereafter. To keep pace with population growth we will need to build at least 185,000 new dwellings each year for the next five years,” Mr Pollock said.

www.masterbuilders.com.au

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Small scale solar makes its mark countrywide

THE Clean Energy Regulator claims Australia has cemented itself as a world leader in the use of rooftop solar generation, with another annual record for installed capacity.

The Clean Energy Regulator’s figures reveal there was more than 1057 megawatts of capacity installed last year, beating the previous record of 1035 megawatts set in 2012. 

This brings the total installed small-scale capacity in Australia to more than 6000 megawatts.

According to the Clean Energy Regulator, Australia now has the highest penetration of rooftop solar in the world.

“One in five Australian homes has rooftop solar and an increasing number of small businesses are making the most of the financial and environmental benefits of solar,” Environment and Energy Minister Josh Frydenberg said.

“The Clean Energy Regulator predicts 2018 will see at least another 1000 megawatts of capacity added to Australian rooftops.”

Part of the drive behind rooftop solar has been the Small-scale Renewable Energy Scheme which provides financial incentives for households and businesses to install renewable energy systems. This has helped business to reduce its reliance on the electricity grid and reduce emissions, the minister said.

“Earlier this year, the Clean Energy Regulator announced the Renewable Energy Target will be met thanks to more than $12 billion of investment in large-scale projects,” Mr Frydenberg said, noting investment in renewable energy was “at record breaking levels”.

www.cleanenergyregulator.gov.au

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Toowoomba country club estate takes Seachange to new heights

PRADELLA Property Ventures’ $70 million over-50s gated country club estate, Seachange Toowoomba, is feeling the effects of property owners seeking ‘sea change in the mountains’.

Pradella has even unveiled a  new onsite sales centre to meet demand for its latest new homes release.

“The opening of the sales centre means that buyers can start to get a sense of what it will be like to live in the Seachange Toowoomba community,” Seachange Lifestyle Resorts sales and marketing director, Alex McMahon said.

“They can view first-hand the spectacular location and the superb quality of the homes’ fixtures and fittings, with our first 20 homes expected to start construction within the next four weeks.”

Also planned to start construction within the next few weeks is the key feature of Seachange Toowoomba: The Summer House. The Summer House is the resort’s centre of lifestyle and active recreation, offering residents tennis courts, a heated swimming pool, fire pit, outdoor barbecue and other luxury features.  

Mr McMahon said Seachange Toowoomba was all about space, privacy and low maintenance living in a multi-million dollar community. Pricing released for the two or three bedroom architecturally designed homes range from $375,000 to $525,000.

Limited to 162 lowset two or three bedroom homes, each of the architecturally designed dwellings will be created to take full advantage of the premium location and provide a strong connection to the local environment with floor plans specifically designed to bring the outdoors in.

 “The word Seachange was carefully chosen as our brand,” Mr McMahon said. “Seachange Over 50s Lifestyle Resorts speaks to the core promise of what we set out to achieve and how we differentiate ourselves.

”Inherent in the concept of a Seachange lies a promise,that there will be a change for the better. We like to say ‘it’s not just about changing where you live but how you live’.

“In fact, much has been said about the benefits of community living, and at its very core is a simple concept of like-minded people sharing common interests and interacting on a daily basis at many levels to enrich each other’s lives,” Mr McMahoin said.

He said Seachange Toowoomba was destined to become a new community of like-minded active people who owned their own homes “and helped nourish each other’s mind, body and soul”.

“The paradigm shift in how we approach senior’s living is based on a fundamental belief that an active adult is a happy and healthy adult,” Mr McMahon said.

“We constantly strive to set the benchmark for retirement living so every member of our communities can have the opportunity to truly love the way they live.

“We really feel that our purchasers will achieve their Seachange dream with the right lifestyle community at the right time in their life with a value shift that offers a brand new home that fits within their budget,” he said.

“We are poised for a bright future as the brand continues to grow and prosper. It’s an exciting time and we look forward to welcoming the next chapter for Seachange at Toowoomba.”

http://www.seachangelifestyleresorts.com.au/locations/toowoomba

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