Lend Lease has won approval to build a new ACT retirement village 20 km north of Canberra CBD at Isabella Plains. It is their first move into Canberra and they will build 122 homes with starting prices at $390,000. They commence selling off the plan next month and expect first residents to be moving in mid next year. They are heavily promoting the fact that their ILUs will have a minimum seven star ACT House Energy Rating.
ATO plans to charge GST on manufactured home parks scrapped
A concerted effort by the Residents Association of manufactured home parks has headed off the ATO which had planned to impose GST in mobile homes. This would have added 10% to the cost of the purchase of a home