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ARTICLE · 11 APRIL 2019

Property & Real Estate in NSW

Holding Redlich
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The NSW Coalition pleaded with voters to 'let them get it done', with respect to the existing infrastructure projects.

AustraliaReal Estate and Construction
Vanya Lozzi
Vanya Lozzi
Elly Ashley
Elly Ashley
Jamie Kim
Jamie Kim
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Infrastructure 

The NSW Coalition pleaded with voters, to 'let them get it done' in respect to the existing infrastructure projects. Accordingly, this term we can expect a number of infrastructure initiatives that were commenced in the previous term, including the light rail and the Sydney Metro, to be completed. 

Both the Urban Development Institute of Australia (UDIA) and the Property Council of Australia issued press releases in the lead up to the election setting out the importance of these infrastructure projects to the property market and to their developer members. 

Strata renewable energy

If elected, the NSW Coalition promised to reduce the type of resolution required to install solar panels in common property of strata schemes. Currently an owners corporation will need to pass a special resolution (meaning a resolution where not more than 25 per cent of owners vote against the motion). The Coalition intends to reduce this threshold to an ordinary

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This publication does not deal with every important topic or change in law and is not intended to be relied upon as a substitute for legal or other advice that may be relevant to the reader's specific circumstances. If you have found this publication of interest and would like to know more or wish to obtain legal advice relevant to your circumstances please contact one of the named individuals listed.

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