ACCC, Auditor Generals MIA re Land Banking

ACCC, Auditor Generals MIA re Land Banking

Cross-posted from The Age’s Cara Waters. More regulation of property developers is needed to prevent them deliberately releasing land slowly to drive up prices for aspiring home owners and maximise their own profits, according to independent think tank Prosper...
Staged Releases in The Age

Staged Releases in The Age

Cross-posted from The Age, by Cara Waters The state government’s push to reduce the cost of housing by releasing swaths of land on Melbourne’s fringe is being undermined by big developers, which new economic analysis suggests are banking the land then releasing it...