CHINA’s frontier of fear

Looks like history is repeating itself this time in Western China with genocide of the Uighur society.  (pronounced the WEE-ger people.)

An investigation by ABC News using new research collated by the  (ASPI) identifies and documents the expansion of 28 detention camps, that are part of a massive programme of subjugation in the region of Xinjiang.

WHY are we dealing with these people (China)?

WHY have we allowed the sell-off or the leasing of Our Property (residential, commercial and agricultural); Infrastructure including Power, Ports, Transport, mines, services including Health to Chinese state-owned and private companies and individuals?

It appears much of this has come about through the actions of former politicians now working for the Chinese …

 

China’s frontier of fear

Satellite imagery captured over a remote and highly volatile region of western China lifts the lid on the size and spread of internment camps used to indoctrinate vast numbers of the region’s Muslim population.

An investigation by ABC News using new research collated by the Australian Strategic Policy Institute (ASPI) think tank, identifies and documents the expansion of 28 detention camps that are part of a massive program of subjugation in the region of Xinjiang.

Analysis of the data shows that since the start of 2017, the 28 facilities have expanded their footprint by more than 2 million square metres. In the past three months alone, they’ve grown by 600,000 square metres – that’s about the size of 30 Melbourne Cricket Grounds.

The nominally autonomous province is home to about 14 million Chinese citizens belonging to mainly Muslim ethnic groups, the largest of which is the Turkic-speaking Uighur (pronounced WEE-ger) people.

Xinjiang, which means “new frontier”, has long been the epicentre of ethnic unrest. At the heart of the conflict is a separatist movement which seeks to establish an independent Uighur homeland called East Turkestan.

Xinjiang

CHINA

Map indicating the Xinjiang Autonomous Region.

Beijing, which views the region as an incubator of terrorism, has responded by reinforcing local security forces, expanding the network of police stations and checkpoints, and supercharging its electronic surveillance network.

“What we’re seeing here is a breach of human rights that is of such a scale that we haven’t seen since the post Tiananmen Square crackdown in China,” said Fergus Ryan, an analyst and China expert at ASPI’s International Cyber Policy Centre.

An estimated two million Uighurs and other Muslims have been rounded up and detained in these camps where they are forced to undergo patriotic training and “de-extremification”, according to witnesses and human rights groups.

China at first denied the existence of the camps. But under intense international scrutiny ahead of a UN review into its human rights record next week, officials have changed tack. After retrospectively legalising the dragnet, Beijing launched a propaganda campaign portraying the camps as humane job training centres.

But the growing weight of testimony of victims, witnesses, and now the availability of high resolution satellite imagery, reveals the fast-tracked expansion of a re-education camp network that appears set to become a permanent feature of life in Xinjiang.

“By detaining such a huge amount of people for no legal reason China is really running the risk of radicalising these people and creating the perfect conditions for violent extremism to happen in the future,” warns Mr Ryan.

CHINAMONGOLIAKAZAKHSTANKYRGYZSTAN
KASHGAR
KASHGAR
100mDetention centresAdminRe-education centres
Low securityHigh securityUnder construction100m
XINJIANG
A satellite image showing a re-education camp in Xinjiang, China.
A satellite image showing construction of buildings at a re-education camp in Xinjiang, China.
A satellite image showing even more expansion at a re-education camp in Xinjiang, China.
A satellite image showing expansion at a re-education camp in Xinjiang, China in September 2017..
A satellite image showing a re-education camp in Xinjiang, China. More than 20 buildings at teh facility
A satellite image showing a re-education camp in Xinjiang, China.
A re-education camp on the outskirts of Kashgar

 

Imagery: Google Earth/Landsat/Copernicus

 

Imagery: Google Earth/Digital Globe

 

It’s from here, high above China, the task of locating the camps begins.

 

Pulling together testimonies, the work of international researchers and government documents — the network of camps in Xinjiang is pieced together.

 

One of largest clusters of camps is in the western reaches of Xinjiang.

 

Across the mountain range from the traditional oasis town of Kashgar, lies one heavily fortified camp — the Atushi City Vocational Skills Education Training Service Center.

 

At the start of 2016, the facility is one block with little to no fencing, in what’s listed as an industrial park.

 

As China began ramping up its campaign of mass detention, the size of this camp began expanding.

 

New buildings are added on a monthly basis and razor wire fences can be seen going up.

 

Parkland is taken over for staff car parking — a common in occurrence at many of the facilities.

 

By December 2017, more than 20 new buildings had gone up. But some of the most intensive building work was still to come.

 

This image posted on Twitter in mid-2018 shows a number of cranes to the south of the facility.

Cranes are visible to the south of this re-education camp in Atushi City.

 

An official document detailing plans for works at this address dated March 2018 outlined plans for a 95,000 square metre development which included an 8500m² armed police area, a 1300 metre wall and about 7600m² for the “students”.

 

Then in the latest imagery, we can see the construction of the three massive detention centres to the south. They are barricaded by at least three levels of fencing and are surrounded by watchtowers.

 

This “re-education” centre complex is now almost 150,000m² — a 420 per cent increase since 2016.

It’s just one example of the rapidly expanding network of camps in Xinjiang.

 

And you don’t have to look far to find more examples. Just 20 kilometres south of the Atushi City complex, another camp has been identified.

 

 

The Kashgar City Transformation Through Education School.

It’s been built around what appears to be an existing detention facility.

A government document detailing plans for the expansion at this site describes the project as one that will “care for special groups and promote the harmonious development of society”.

 

The new buildings that went up to the north of the detention centre were flanked by watchtowers and razor wire fencing.

 

This is one of eight interment camps the research identified in Kashgar prefecture.

 

But the rapid growth of detention facilities has by no means been confined to the western reaches of Xinjiang. A much larger network has been growing across the province.

 

All up ASPI analysts have identified 28 centres it believes are being used as internment camps.

Seventeen of these facilities, ASPI lists as highly likely to be camps. The remaining 11 are likely to be camps, according to its analysis.

“What we’re looking at is a system that has been rolled out at an incredible pace, the scope and scale of which is absolutely massive,” ASPI analyst Mr Ryan said.

Despite the massive scale of the camps examined in this project, it’s likely they make up just a fraction of the detention network in Xinjiang. Estimates of camp numbers range anywhere between 181 to upwards of 1,200.

Tap the satellite images to swap between 2016 and 2018

2016
2018
Prefecture Kashgar
Size in 2016 8,750m2
Size in 2018 56,750m2
Prefecture Kashgar
Size in 2016 18,000m2
Size in 2018 106,200m2
Prefecture Kashgar
Size in 2016 12,200m2
Size in 2018 129,600m2
Prefecture Kashgar
Size in 2016 27,000m2
Size in 2018 75,000m2
Prefecture Hotan
Size in 2016 7,000m2
Size in 2018 172,850m2
Prefecture Hotan
Size in 2016 0m2
Size in 2018 120,700m2
Prefecture Kashgar
Size in 2016 3,700m2
Size in 2018 122,000m2
Prefecture Kashgar
Size in 2016 54,600m2
Size in 2018 101,900m2
Prefecture Kashgar
Size in 2016 9,200m2
Size in 2018 14,050m2
Prefecture Hotan
Size in 2016 12,900m2
Size in 2018 20,200m2
Prefecture Kizilsu
Size in 2016 34,900m2
Size in 2018 148,300m2
Prefecture Ili
Size in 2016 20,150m2
Size in 2018 32,450m2
Prefecture Turpan
Size in 2016 17,750m2
Size in 2018 36,100m2
Prefecture Kashgar
Size in 2016 0m2
Size in 2018 195,400m2
Prefecture Hotan
Size in 2016 49,050m2
Size in 2018 137,650m2
Prefecture Hotan
Size in 2016 37,900m2
Size in 2018 102,000m2
Prefecture Urumqi
Size in 2016 0m2
Size in 2018 526,500m2

 

Adelaide student Adam Turan’s 80-year-old father, Abdulkerim Turan, lived in village near Kashgar and spent a year in one of those camps. He passed away a few weeks ago, shortly after being released from detention.

Mr Turan, who is also general secretary of the East Turkestan Australian Association, said he believes his father was rounded up because he was a Muslim who had a beard and a relative who lived overseas.

 

He has chosen to speak out because his mother is also missing and presumed to be incarcerated. “They killed my dad, so it’s no point to be quiet,” he told ABC News.

Mr Turan showed two photographs of his father, taken a year apart. The second one, was taken after his release from detention and his father with his long beard trimmed, dressed in pyjamas and looking frail.

 

“He was deprived from food, deprived from sleeping… he was so weak,” he said. “I can’t imagine how he spent over a year under that condition.”

That bleak picture of camp life is also shared by Dr Erkin Emet, the secretary of the World Uighur Congress. He says life in the camps has become unbearable.

“It’s actually a genocide, a hidden genocide,” he said from his home in the Turkish capital where he is a language professor at Ankara University.

“China’s way of assimilating [the Uighurs] is to make them forget their original culture and then replace it with Chinese culture… [so it becomes] one culture, one nation,” said Dr Emet, who says 13 members of his family are among those interned.

Under constant watch

The Xinjiang Uygur Autonomous Region has a population of about 24 million and covers an area that is about one-fifth the size of Australia – one that is dominated by rugged mountain ranges, vast plains and desert basins.

Its ancient oasis towns like Kashgar, Turpan and Aksu gave respite to the merchants and their camel trains that once crisscrossed this territory along the old central Asian trading routes known as the Silk Road.

 

Kashgar is the country’s Uighur heartland. ABC News: Matthew Carney

 

Today, Xinjiang is once more poised to play a key logistical role in international trade. The region, which shares its border with seven countries, has been designated as a key gateway in President Xi Jinping’s ambitious “Belt and Road” initiative.

But there is a cost in bringing stability and what China calls “civilisation” to Xinjiang.

Many accounts of life in the province describe a repressive environment that appears to be designed to eradicate Islamic and local cultural practices deemed to challenge the Communist Party’s orthodoxy.

According to a published list of “75 behavioural indicators of religious extremism”, even acts such as refusing to play volleyball, owning a tent and suddenly giving up drinking and smoking have been identified as signs of radicalisation.

The US-based advocacy group Human Rights Watch (HRW) says authorities in Xinjiang have forced the locals to submit to the collection of biometric data, including voice, blood, DNA samples and iris scans.

In what appears to be an even more intrusive version of its “social credit” system rolling out across the whole of China, the data collection and electronic eavesdropping allows authorities identify, monitor and restrict the activities of potential troublemakers among the populace.

Under a new, hardline provincial party boss Chen Quanguo, who took over in 2016, the security crackdown was augmented with a program to ramp up indoctrination efforts.

Loyal party cadres were despatched to live in smaller towns and villages and later even embedded in the homes of Muslim Chinese under a compulsory homestay program called the “becoming family” campaign.

Then authorities began converting schools and other public buildings into makeshift facilities before this latest phase that saw the expansion of a purpose-built network of so-called “transformation through education” camps.

“They’ve slipped from talking about a few bad apples spoiling things for everyone else to this mass approach to re-education and indoctrination.” said Dr David Brophy, a senior lecturer in Modern Chinese History at the University of Sydney, and a frequent visitor to Xinjiang. “Now it’s turned into this really vicious campaign.”

From secrecy to media blitz

 

The Chinese government last month launched what it calls a “vocational education and training program” to assist residents with a poor command of the national language and limited educational opportunities.

“Its purpose is to get rid of the environment and soil that breeds terrorism and religious extremism and stop violent terrorist activities from happening,” said Shohrat Zakir, chairman of the Xinjiang government, in an interview with China’s official news agency Xinhua.

The program, he said, targeted petty criminals who were given free food and board over the duration of their training.

The Chinese government’s publicity blitz also included a 15-minute report on state television which showed Uighur detainees in the Hotan City Vocational Skills Education and Training Centre attending legal classes, participating in games and social activities and undertaking training in garment manufacturing and woodwork.

“It’s a crass propaganda video that anyone who knows Xinjiang would not find credible,” said Dr James Leibold, an associate professor in politics and Asian studies at La Trobe University.

After years of frustration in winning the hearts and minds of disaffected ethnic groups, Dr Leibold believes Beijing has ditched its multicultural approach in favour of cultural “mingling”, or assimilation.

The prevailing party ideology dictates that social harmony can only be achieved with the “standardisation of human behaviour”.

“This [the camp network] is the latest example of the party’s belief that it can really kind of re-engineer people through these coercive techniques of brainwashing,” he said.

Ablet Tusuntohti, 29, was a car dealer living and working in the Hotan area of Xinjiang. He has first hand experience of life inside one of the camps, having been incarcerated in one in October 2015.

Speaking from Turkey where he been living since he left China in 2016, Mr Tusuntohti said he was locked up for a month in a village school that had been transformed into a “concentration camp”.

He described the conditions as harsh and regimented with inmates forced to do manual labour as well as attend re-education classes where they were forced to praise the government’s policies and express their gratitude for the re-training.

Mr Tusuntohti said the facility included a punishment room where guards “abused us badly, randomly”. “They took everyone there to beat them.”

Muhammad Attawulla, comes from Hotan county in southern Xinjiang and has been studying in Turkey since 2016.

 

He told ABC News that he has five relatives in detention in Xinjiang, including his mother, two brothers and a brother-in-law.

“The detentions have destroyed my family,” he said. “We can say it [has also] destroyed Uighur society.”

Mr Attawulla said his mother has been held in custody since March. She was accused of attending a funeral at a private home in 2013 with “20 or 30 old women” who said prayers and recited verses from the Koran.

“I cannot bear keeping silent [any more] because I think there’s a genocide taking place in East Turkestan,” he said, using the name many Uighurs use to refer to their homeland.

Echoing the view of many of his fellow Uighurs, Mr Attawulla believes Beijing is eradicating their traditional way of life. “They want to erase, erase, erase your identity and our culture and to melt them into Han Chinese.”

Asked to comment, a spokesperson for the Chinese embassy in Canberra referred ABC News to a recent article published in the state-owned English-language publication The Global Times. The story was titled: “Xinjiang’s education programs improve life chances for trainees, families”.

Methodology:  ASPI has amalgamated work done by other researchers in this field including German academic Adrian Zenz, ANU student Nathan Ruser and Shawn Zhang, a law student studying in Canada. The investigation has also cross-referenced the discoveries with hundreds of contracts sourced from government websites for the building and outfitting of these facilities.

Further corroboration about these camps was found in photographs and videos taken by activists and the media. This project zeroed in on just 28 facilities where there were strong signals indicating they were part of this network of camps.

Credits

Sydney property DEVELOPER awarded home under SQUATTING Laws after renting it out for 20 years

IT would seem this has set a nasty precedent … this property developer appears to know what he is doing!

Claiming squatter’s rights in 1998, having renovated it to a total of $143,000

over that 20 year period, admittedly having paid the rates but gained income from renting it out …

-real estate agents estimate it is now worth $1.6M

One would have thought a more equitable decision could have been made with the plaintiffs not only losing out on their inheritance, but ordered to pay the opportunist’s legal costs!

The same developer was ordered to pay a mere quarter of a million Dollars worth of fines in 2015 after illegally demolishing a heritage building … perhaps he sees that as the cost of doing business?

Some background history … look for the name!

https://sydneyinsolvencynews.blogspot.com/2015/06/lavin-bankruptcy-curly-one-for-worrells.html?fbclid=IwAR16_Iwymm56ljqLIIVdXlKL9Ta2Pd-3Xi0ppboagWKEQAsYTSpL4nirP20

 

Sydney property developer awarded home under squatting laws after renting it out for 20 years

 

A Sydney property developer has won the ownership rights to a home in the inner west after finding it empty and renting it out for two decades.

Key points:

  • Bill Gertos found the property empty in 1998 and renovated it before renting it out
  • The registered owner’s surviving family said it was abandoned after WWII
  • The judge ordered the family to pay Mr Gertos’s legal costs after awarding him the house

The New South Wales Supreme Court awarded the home to Bill Gertos under “adverse possession”, or squatting laws, despite a challenge from the relatives of the last listed owner.

Mr Gertos told the court he came across the Ashbury home in 1998 — which had sat empty since its last tenant died the same year — while visiting a client on the same street.

He said he found the house was open and “the rear door was off its hinges and placed to the side”.

After changing the locks, he repaired and renovated the home and began renting it out.

Mr Gertos said he spent about $35,000 on repairing the house in 1998 and $108,000 in 2014 on further renovations.

Outside court, several real estate agents told the ABC the property would be worth an estimated $1.6 million.

 

When he applied to the Registrar-General to be named the owner of the land under the Real Property Act in 2017, Mr Gertos was challenged by the registered owner’s family.

The daughter and two grandchildren of the registered owner, Henry Thompson Downie, who died in 1947, wanted to be recognised as the beneficial owners of the property.

Mr Downie’s family claimed they had to leave the house some time after World War II because of a white ant infestation.

Supreme Court Justice Rowan Darke found Mr Gertos had sufficient evidence he invested money into fixing the home, paid taxes on it and leased it to rental tenants.

“I am comfortably satisfied that since about late 1998 Mr Gertos has been in factual possession of the land with the intention of possessing the land,” Justice Darke said.

“In essence, Mr Gertos succeeded in taking and maintaining physical custody of the land, to the exclusion of all others, and he has assumed the position of a landlord.”

Justice Darke said he had considered the plaintiff’s submissions but was “unable to accept them” and ordered them to pay Mr Gertos’s legal costs.

One of the three plaintiffs and grandson of Mr Downie, Graeme Hugo, said his family emphatically rejected the description of how Mr Gertos came across the property.

He disagreed the home was in poor quality and claimed the property was never abandoned by his grandfather.

The family said they were unaware they were entitled to the property until they were contacted by police in 2017.

Neighbouring residents said they were unhappy about the decision and it was unfair to the relatives of the last owner.

In 2015Mr Gertos was ordered to pay a quarter of a million dollars’ worth of fines after illegally demolishing a heritage building in Sydney.

 

 

SOURCE:  https://www.abc.net.au/news/2018-10-31/man-awarded-sydney-property-under-squatters-rights-laws/10450462

CAAN FACEBOOK:

https://www.facebook.com/Community-Action-Alliance-for-NSW-744190798994541/?ref=aymt_homepage_panel

WEBSITE:

https://caanhousinginequalitywithaussieslockedout.wordpress.com/

CK Group is a leading national diversified real estate investment & development firm founded by two key partners with a highly successful track record in property development & investment.

Having experience spanning decades and across all major asset classes, CK Group’s core expertise covers property investment, development and funds management.

CK Group also secures sites for childcare centres …

Having taken the matter to the Land and Environment Court after some amended plans and conditions the Council has to allow the demolition of existing buildings on the amalgamated site.

Kogarah is now rapidly changing to become a Lego-like land … with 10 and 11 storey apartment developments though large alleged to be mid-rise  …

Developer Wins Approval for Kogarah Project After Council Dispute

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Developer CK Property Group has received development approval for units in Sydney’s south west after reaching an agreement with the Georges River Council.

The application was originally submitted in June 2017, reaching the NSW Land and Environment Court before winning approval.

After some amended plans and conditions, council will now allow the demolition of the existing buildings on the amalgamated site.

Construction of a 10-storey residential building in Kogarah will now go ahead.

Related: Dahua Group’s $1.5bn Masterplan in Sydney’s South West

Sydney’s South-West suburb of Kogarah is a hotspot for mid-rise residential developments at the moment

Sydney’s South-West suburb of Kogarah is a hotspot for mid-rise residential developments at the moment

 

The $30 million project will feature 96 apartments in total with a breakup of 17 studio, 21 one bedroom, 54 two bedroom and 4 three bedroom.

The structure will be situated over three levels of basement parking with room for 97 cars, 10 motorcycles and 48 bicycles.

The development, designed by Dickson Rothschild, will include a rooftop garden.

Kogarah is a hotspot for mid-rise residential developments with Regent Street Property lodging an application for an 11-storey residential project in the same area.

Developer Poly Australia has also purchased land nearby with plans for 100 new apartments on the Stanley Street, Kogarah site.

 

SOURCE:  https://theurbandeveloper.com/articles/ck-property-to-move-forward-with-development?utm_medium=email&utm_campaign=291018%20NSW&utm_content=291018%20NSW+CID_d314fd28ef7b8a877ca3b5deda4f7b79&utm_source=email&utm_term=Continue%20Reading

 

 

 

Dahua Group’s $1.5bn Masterplan in Sydney’s South West

652d835d-5630-4b4e-9979-cbe3ea071969

Developer Dahua Group has unveiled its plans for a $1.5 billion masterplanned project in Menangle Park in Sydney’s booming south western growth corridor.

The Chinese-backed developer picked up the 364-hectare site, 65 kilometres from Sydney’s CBD in 2016 – one of three major land purchases in the area for Dahua.

Dahua’s proposal is expected to yield close to 4000 lots as part of the transformation of the Campbelltown-Macarthur community on the banks of the Nepean River.

“In line with our ongoing support for the Campbelltown-Macarthur community, our team [has] aimed to redefine the area while preserving its history and culture,” Dahua Australia chief executive officer for NSW and Queensland Eric Li said.

“The focus has been on creating an active, engaged, walkable neighbourhood as well as a community that provides its residents with a range of considered opportunities, including education, retail, hospitality, entertainment, commercial, employment, as well as community amenities.”

The Menangle Park development will join Dahua’s other New South Wales masterplanned project in Bardia, a $1 billion estate 45 kilometres south west of Sydney’s CBD.

The developer said that the Bardia estate, “New Breeze”, has achieved 750 land sales and $340 million in interim revenue.

Dahua was speculated to have paid about $300 million for the three sites in 2015.

The developer also has a Victorian presence, acquiring two sites in Wollert covering more than 50-hectares apiece and picking up a third site in May.

Dahua Group, one of China’s 50 largest developers, is chaired by Shanghai-based property developer and investor Jin Huiming, who has an estimated wealth of $1.4 billion according to Forbes.

Is the Grattan Institute just another ‘Big Australia’ business lobby? With its donor list?

Prime Minister Scott Morrison, left, and Immigration Minister David Coleman.

GRATTAN INSTITUTE’s criticism of the LNP “migrants to the bush” policy is justified, however its proposal that Australia’s housing and infrastructure pressures can be solved by planning appears unrealistic because mass immigration has resulted in a decline in living standards with our infrastructure crush-loaded and we have been forced into living in smaller and more expensive housing!

THE IA projections for Sydney and Melbourne reveal traffic congestion will soar with access to jobs, schools, hospitals and open space in decline by 2046!

The Institute appears not to have figured that with 200,000 people arriving in Sydney and Melbourne annually that infrastructure cannot compete with this growth!

Increasing density in established suburbs will only result in ever smaller and more expensive housing!

WHY not lower immigration to prevent the infrastructure and housing problems from developing?

 

Is the Grattan Institute just another ‘Big Australia’ business lobby?

By Leith van Onselen

The Grattan Institute has penned another gaslighting piece in The Conversation attacking “Australia’s dangerous fantasy”of “diverting population growth to the regions”:

A dangerous fantasy is taking hold in Australia: that government policy can divert population growth from our bulging capital cities to our needy regions. It’s a fantasy because a century of Australian history shows it won’t work. And it’s dangerous because it gives governments an excuse to avoid the hard decisions on planning and transport needed to make housing more affordable and cities more liveable.

Since Federation, state and federal governments have tried to lure people, trade and business away from the capital cities. These efforts have mostly been expensive policy failures.

Despite substantial government spending on regional development aimed at promoting decentralisation, Grattan Institute’s State Orange Book 2018 shows the trend to city-centred growth has accelerated in the past decade. Less than a third of us now live outside the capital cities…

 

While Grattan’s criticism of the Coalition’s ‘migrants to the bush’ policy is justified, it is also a “dangerous fantasy” for Grattan to believe that Australia’s housing and infrastructure pressures can magically be solved via better “planning” – as if we just need to sit down and draw up some plans and everything will be alright.

The fact of the matter is that the mass immigration ‘Big Australia’ policy has locked residents in our major cities into falling standards of living.

We know this because the empirical evidence of 15-years of hyper immigration-fuelled population growth has seen economic and social infrastructure become crush-loaded, as well as forced residents into living in smaller and more expensive housing.

Moreover, Infrastructure Australia’s projections for Sydney and Melbourne show that traffic congestion will soar and access to jobs, schools, hospitals and open space will all decline by 2046, irrespective of how these cities build-out to cope with populations of 7.4 million and 7.3 million people respectively:

 

What Grattan does not seem to comprehend with Melbourne and Sydney is that increasing population by around 200,000 people (combined) a year is that no amount of increased spending on infrastructure will ever be enough. In these built-out metropolises, where land prices are already insanely high, the cost of widening existing transport corridors or tunnelling to handle increased traffic flows are simply prohibitive. It’s playing catch up to something that just gets further out of reach every year.

Moreover, Grattan’s solution of increasing density in established suburbs will inevitably result in greater demand for land in these privileged locations. Increased demand equals increased cost as the amount of land is fixed. This will inevitably result in smaller and more expensive housing, less public open space, a greater concentration of people in taller and more concentrated buildings, leading to increased temperatures (the ‘heat island effect’), less water per person, overcrowded schools and hospitals, etc. Again, these impacts are projected by Infrastructure Australia above.

The easiest ‘solution’ to protect living standards in our major cities is forever ignored by Grattan: lower immigration back to historical levels and prevent the infrastructure and housing problems from developing in the first place:

Perhaps the answer to Grattan’s wilful ignorance about immigration relates to its donor list:

Endowment Supporters

($1 million plus over Grattan Institute’s life)

The Myer Foundation
National Australia Bank
Susan McKinnon Foundation

Affiliate Partners

($100,000 plus annually)

Medibank Private
Susan McKinnon Foundation

Senior Affiliates

($50,000 plus annually)

Google
Maddocks
PwC
McKinsey & Company
The Scanlon Foundation
Wesfarmers
Westpac

Affiliates

($25,000 plus annually)

Ashurst
Corrs
GE ANZ
Jemena
Urbis
Woodside

Grattan appears to be little more than another ‘Big Australia’ lobby group.

unconventionaleconomist@hotmail.com

LNP MEMBERS FAKE FACTS ON DOMINELLO EFFECT AFTER THE FACT OF CABINET DECISIONS …

 

…  Because the NSW Government plans to introduce their Medium Density Housing Code in the City of Ryde on 1 July 2019!

If unchallenged, the code has a potential for 40,000 extra dwellings … in Ryde’s quietest streets … view our Photo Album to see what awful development we are referring to!

(In addition to the Precincts and high-rise across the Electorate!)

-the NSW Government changed Ryde local planning laws incl. the definition of “Medium Density Housing”

-it proposes to introduce the Code on 1 July 2019 for 2 storey blocks of 3 or 4 flats (Manor Homes)

-the City of Ryde has filed proceedings against the NSW Government to challenge the validity of the Code

CONTRARY to Community interests it appears many MPs and Councillors have succumbed to the wave of overdevelopment across Greater Sydney, and it is no doubt due to community action in Drummoyne where a beautiful heritage conservation area abutts Victoria Road that the local MP is now feeling the heat, perhaps sh.t scared of losing his seat unless he feigns the fake “dominello effect”?

Note the Ryde rezoning freeze only applies up to 1 July 2019!

Everyone, invite your Council to join with the City of Ryde to protect your Heritage and neighbourhood!

 

‘What makes my area different to Victor’s?’: The ‘Dominello effect’ starts to spread

 

The impact of Finance Minister Victor Dominello’s campaign to halt development in his own electorate is threatening to spread to Sydney’s inner west.

The Member for Drummoyne is now promising to campaign for a housing freeze unless the local council stalls potential development schemes, after Mr Dominello claimed credit for obtaining a two-year freeze of housing rezonings in his local area.

Finance Minister Victor Dominello says housing targets set for Ryde should be slashed.
Finance Minister Victor Dominello says housing targets set for Ryde should be slashed. CREDIT:DEAN SEWELL

 

The move was dubbed the “Dominello effect” after the the Liberal Member for Ryde went one step further this week, saying that once the two-year freeze was completed, housing targets set by his own government for Ryde should be slashed.

The City of Canada Bay Council has now initiated a study into attitudes to design and development along Victoria Road, Drummoyne.

The council’s interest in the study has raised the concern of some locals, who fear it will be used to justify large rezonings.

And they have won the support of their local member, John Sidoti, who said if the study showed there was “merit” in lifting development controls along Victoria Road, he would do “what Victor Dominello did”.

 

Member for Drummoyne, John Sidoti.
Member for Drummoyne, John Sidoti.CREDIT:MICHELE MOSSOP

 

“Why should he get that and I don’t?” said Mr Sidoti, also a Liberal MP.

“What makes my area any different to Victor’s area?”

Mr Sidoti’s criticism was of Canada Bay Council, which is led by a Labor mayor, Angelo Tsirekas.

Cr Tsirekas did not comment for this story, but in an emailed statement said the council would be “directed by the wishes of our community when shaping any plan for our area – our current engagement is a unique and vital opportunity for the community to have their say on what they want to see happen on Victoria Rd in Drummoyne”.

In a mayoral minute in July, Cr Tsirekas attributed the decline of the Drummoyne Village shopping strip to the extension of clearways on Victoria Road, while also saying that created opportunities for new development.

 

“New development in the area will be the key to creating a more appealing centre,” Cr Tsirekas said.

A difficulty, however, is that through Drummoyne, Victoria Road is abutted by a heritage conservation area, which imposes restrictions on what can be done to properties.

“We’re just trying to do what we can to keep the character of our neighbourhood,” said Alison Hill, who lives in a street parallel to Victoria Road.

“Yeah there’s always going to be development, but we’re trying to keep it within reason.”

Alison Hill's property backs on to a development on Victoria Road in Drummoyne.
Alison Hill’s property backs on to a development on Victoria Road in Drummoyne. CREDIT:JANIE BARRETT

 

The property industry has expressed disquiet that Mr Dominello’s antipathy toward development could spread among his ministerial colleagues, warning of a “Dominello effect”.

Mr Sidoti said he would only call for the two-year rezoning freeze if the council pushed for the Victoria Road changes.

The Planning Minister, Anthony Roberts, said: “Mr Sidoti has been encouraged by the Minister to raise his community’s valid concerns with his Council, and as a great advocate for Drummoyne that’s exactly what he’s done.

“Under our new planning regime, we’re focused on community engagement,” Mr Roberts said.

 

SOURCE:   https://www.smh.com.au/national/nsw/what-makes-my-area-different-to-victor-s-the-dominello-effect-starts-to-spread-20181030-p50cxh.html

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Report: AUSTRALIANS face $700b wealth wipeout

On looking at this we believe there will be a split in the market.

A group who will dive in, and pick up what they consider to be bargains while the other group will be more selective in what they choose.  Especially those who have got to borrow.  They will be looking at the lower capital gains so they will be more selective.

It is not uniform!

It is highly volatile and certain suburbs are staying fairly in demand!  (foreign money?)

Report: Australians face $700b wealth wipeout

australia housing
A view of Dover Heights and neighbouring areas of Sydney, where house prices have fallen after years of increases. Photo: Getty

Australian households are facing a collective $700 billion cut to their wealth from the need to wind back the massive amounts of debt built up during the property boom.

In a survey of global economies, the giant US investment bank Morgan Stanley found Australia’s economy carried the greatest risk from cutting back on household debt.

Australia looks most exposed, combining high household and external leverage, weak domestic housing conditions and potential further macroprudential and structural/tax policy adjustments ahead,” Morgan Stanley concluded.

Australia’s predicament is made worse by the need to cut debt occurring during a period of falling house prices and at a time when the household savings rate is a wafer-thin 1 per cent of disposable income.

Most concerning about the potential impact of a deleveraging phase for Australian households is the narrow savings buffer that is currently carried,” Morgan Stanley commented.

“From the perspective of wealth effects, our forecast 10-to-15 per cent real house price decline would combine with 20 per cent debt/asset gearing levels to inflict a serious dent in net worth.

If mapped across the value of all land/property owned by households, it would equate to $700 billion of wealth devaluation.”

Morgan Stanley’s detailed 68-page report combines three key measures of household debt – debt-to-income, debt-to-assets, and the debt servicing ratio – to create broad-based global risk indicator.

Alarmingly, Australia is at, or near the top, of all three measures.

“Our Household Deleveraging Risk Indicator suggests that Australia is the economy most at risk of household deleveraging, coming in near the top across all three aspects.

“Leverage and debt-service is high and the second-most externally funded, while falling house prices and slowing credit growth suggest more imminent risks of deleveraging.”

Household debt at ‘tipping point’

The Morgan Stanley report argues global economies have reached a “tipping point” in the household debt cycle, as the average household debt-to-GDP ratio has increased from 54 per cent to 87 per cent over the past decade.

This has been fuelled low interest rates funding real estate booms across most developed economies.

“Debt effectively increases current growth at the expense of future growth,” Morgan Stanley noted.

“Today’s debt, bolstering housing investment and consumption, will require savings tomorrow, reducing consumption and flows into the housing market.”

While some economies have witnessed a decline in household debt-to-income ratios in the past decade – most notably the US, euro area and Britain –  others, including Australia, Canada, New Zealand and the Scandinavian countries have continued to borrow heavily.

Central banks and financial regulators have been focusing on financial stability, using so-called macroprudential tools to rein-in risky lending.

In Australia, that has led to restrictions on interest-only loans and the likelihood of tougher debt-to-income lending limits in the wake of the banking royal commission.

The Housing boom could result in a debt hangover. Photo: ABC 

 

In addition, there remains a significant question about the future of negative gearing, and the deductibility of rental losses, if Labor wins the federal election next year.

Morgan Stanley said the Australian economy has remained resilient, with GDP growth above 3 per cent and unemployment edging down to 5 per cent, but this is unlikely to continue.

“Risks are building, given the consumer has supported consumption by tapping into their savings rate, which has fallen to 1 per cent, while the residential construction cycle is peaking now, and will exert a drag on currently record-high construction employment,” it warned.

“Credit remains tight and an ongoing overbuild is driving weakness in the outlook.

“We now see a longer 10 per cent to 15 per cent [house price] correctionversus 5 per cent to 10 per cent previously — this would make it the deepest real house price fall since the early-1980s.

Not if, but by how much

Housing forecasts have gone from disagreement about whether home prices will fall to debates about how much they’ll decline.

“Strength in the global economy and support from public infrastructure spend are mitigating these headwinds, but the risk of a longer/deeper than usual balance sheet recession remains elevated, if these conditions change.”

The high levels of household debt and the Reserve Bank’s focus on financial stability probably mean any hikes in official rates are likely to be gradual.

While a rate rise from the RBA may kick the Australian dollar higher, Morgan Stanley argues the effect will fade.

The Australian dollar is already screening as the weakest for leverage in Morgan Stanley’s spreadsheet – with the investment bank saying it will only get weaker in coming years.

-ABC 

 

SOURCE:  https://thenewdaily.com.au/money/finance-news/2018/10/30/report-australians-face-700b-wealth-wipe/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%20-%2020181031

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australia housingAustralian households are facing a collective $700 billion cut to their wealth from the need to wind back the massive amounts of debt built up during the property boom.
In a survey of global economies, the giant US investment bank Morgan Stanley found Australia’s economy carried the greatest risk from cutting back on household debt.
“Australia looks most exposed, combining high household and external leverage, weak domestic housing conditions and potential further macroprudential and structural/tax policy adjustments ahead,” Morgan Stanley concluded.
Australia’s predicament is made worse by the need to cut debt occurring during a period of falling house prices and at a time when the household savings rate is a wafer-thin 1 per cent of disposable income.
“Most concerning about the potential impact of a deleveraging phase for Australian households is the narrow savings buffer that is currently carried,” Morgan Stanley commented.
“From the perspective of wealth effects, our forecast 10-to-15 per cent real house price decline would combine with 20 per cent debt/asset gearing levels to inflict a serious dent

Australian households are facing a collective $700 billion cut to their wealth from the need to wind back the massive amounts of debt built up during the property boom.

In a survey of global economies, the giant US investment bank Morgan Stanley found Australia’s economy carried the greatest risk from cutting back on household debt.
“Australia looks most exposed, combining high household and external leverage, weak domestic housing conditions and potential further macroprudential and structural/tax policy adjustments ahead,” Morgan Stanley concluded.
Australia’s predicament is made worse by the need to cut debt occurring during a period of falling house prices and at a time when the household savings rate is a wafer-thin 1 per cent of disposable income.
“Most concerning about the potential impact of a deleveraging phase for Australian households is the narrow savings buffer that is currently carried,” Morgan Stanley commented.
“From the perspective of wealth effects, our forecast 10-to-15 per cent real house price decline would combine with 20 per cent debt/asset gearing levels to inflict a serious dent in net worth.
If mapped across the value of all land/property owned by households, it would equate to $700 billion of wealth devaluation.”

 

Xi Jinping orders commanders in the South China Sea to ‘concentrate preparations’ for war

 

  • Chinese President Xi Jinping ordered the Southern Theatre Command to prepare for war during an inspection last Thursday.
  • The command oversees the South China Sea, where tensions have been on the rise.
  • A Chinese destroyer confronted a US Navy warship conducting a freedom-of-navigation operation near the Spratly Islands at the end of September, nearly causing a collision.

 

China’s commander-in-chief has ordered the military command overseeing the contested South China Sea to “concentrate preparations for fighting a war,” according to the South China Morning Post.

Chinese President Xi Jinping inspected the Southern Theatre Command Thursday, again stressing the need build a force that can “fight and win wars” in the modern age.

“It’s necessary to strengthen the mission … and concentrate preparations for fighting a war,” Xi said. “We need to take all complex situations into consideration and make emergency plans accordingly.

“We have to step up combat readiness exercises, joint exercises and confrontational exercises to enhance servicemen’s capabilities and preparation for war.”

According to the China Daily, Xi told troops they were “constantly working at the front line, and playing key roles in protecting national territorial sovereignty and maritime interests”.

“I hope you can fulfil such sacred and solemn missions.”

The powerful Chinese leader has made strengthening and modernising the People’s Liberation Army (PLA) a top priority.

As Xi delivered his speech in Guangdong province, Chinese Minister of Defence Wei Fenghe warned that China will not give up “one single piece” of its territorial holdings, adding that “challenges” to its sovereignty over Taiwan could lead China to use military force.

The US Navy recently sent two warships through the Taiwan Strait, a move that, like the US military’s frequent bomber overflights and freedom-of-navigation operations in the South China Sea, angered Beijing.

Tensions have been running particularly high in the South China Sea in recent months, with regular US B-52 bomber flights through the region and Chinese PLA Navy warships challenging American military ships and aircraft that venture too close to Chinese-occupied territories in the disputed waterway.

US Navy Adm. John Richardson, chief of naval operations, said Monday that the US Navy will continue to carry out freedom-of-navigation operations and challenge “illegitimate maritime claims.”
Read more at https://www.businessinsider.com.au/chinas-president-orders-military-to-prepare-for-south-china-sea-war-2018-10#yeDttG3JEu8AGsD6.99

 

SOURCE:
Read more at https://www.businessinsider.com.au/chinas-president-orders-military-to-prepare-for-south-china-sea-war-2018-10#yeDttG3JEu8AGsD6.99

 

 

 

 

 

 

 

 

 

 

 

 

Can you trust REAL ESTATE AGENTS to give you the full story on house prices?

Some more truths in face of yet more SPIN from pollies to banks to other players determined – as we know – to keep the public from understanding what is really happening.

 

Can you trust real estate agents to give you the full story on house prices?

BY BUSINESS REPORTER DANIEL ZIFFER

OCTOBER 30 2018
A house for sale, with a "Reduced price" sign on the front lawn.
PHOTO

Real estate agents aren’t obliged to say whether a property has been sold, or how much it has sold for.

If you watch TV shows like The Block you get to see every angle of the sales process.

 

Not just the elated and deflated contestants, but a transparent reserve price, current bids and recent sales.

But in the real world, punters aren’t as lucky.

After a sale, real estate agents don’t have to disclose the price, how the property was sold, or the number of bidders — and vendors can also ask for prices to not be disclosed.

The only legally required information is that sale prices are listed when land titles are transferred through the Valuer-General of each state and territory.

Economist Lindsay David believes a lack of transparent information is hiding the true picture: an unwinding of Australia’s long property boom.

“When you see house prices rise, real estate agents and those with vested interests in the real estate market love to tell society how high house prices are rising,” he said.

“But when house prices start to fall, all of a sudden transparency falls off a cliff”.

Mr David points to disclosed sales prices in the prestigious Sydney suburb of Rose Bay.

Of the 100 properties most recently sold, just 11 disclosed a price. For the 100 before that, 81 disclosed the sale price of the property.

“Real estate agents are not obliged to say whether a property has been sold or not to the relevant agencies,” he said.

“On top of that they’re not obliged to disclose what the highest bid was or what the actual selling price was. There’s a lot of funny stuff going on”.

Aussie buyers in a ‘lucky position’

Companies like Domain and CoreLogic, formerly known as RP Data, capture millions of ‘points’ of data about Australia’s property market and employ people to attend auctions and keep tabs on local markets.

“When you think about the data that is collected, the data that comes from the Valuer-General is seen as gospel, this is the firm data of the sale price,” said Dr Nicola Powell, Domain’s senior research analyst.

“But we do use other methods to collect an indicative sale price as well.”

Dr Powell says the company’s methodology is rigorous, and the same as that used by the government’s own body, the Australian Bureau of Statistics.

CoreLogic operates around the globe and its principal researcher, Cameron Kusher, said Australians were in a lucky position when it comes to understanding the real estate market through timely and robust data.

“In some states the Valuer-General can take up to six months to give you data sets,” he said.

“We move in a market that changes weekly, monthly and we need to have more regular data.

 

“That’s why ourselves and other groups go to the industry and say ‘we need this quality data at a faster pace than what we can get from the Valuer-General’s department’.”

Mr Kusher said his company checks the accuracy of data volunteered to it, and has found its accuracy to be higher than 95 per cent.

Dr Powell also noted that weekly clearance rates can be subject to fluctuations, such as long weekends, bad weather and even sporting events.

“Monthly clearance rates give a better indication overall of what’s occurring in these auction-centric markets,” she said.

“I will stress the point, there is a strong correlation between price appreciation and those clearance rates, particularly for Melbourne and Sydney, so it does give a good insight, a regular insight into the movement of future prices.”

For consumers, the falling market — and any sellers holding back information — may bring a surprising reward.

A lack of transparency in the real estate industry really just shoots itself in the foot,” Mr David said.

“When you have a lot of homebuyers out there, completely clueless to what the housing market is doing, it’s pretty easy for them to turn around to these agents and give them a low-ball offer.”

VIDEO 

Why up to eight out of ten house sale prices aren’t disclosed by agents

THE BUSINESS

SOURCE:   https://mobile.abc.net.au/news/2018-10-29/can-you-trust-real-estate-agents-on-house-prices/10442794

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