23 March

Sydney Is Back Among The Top Ten Most Expensive Cities In The World

The Economist Worldwide Cost of Living survey that compares the relative cost of living across 133 cities sees Singapore retain its title as the world’s most expensive city for the fifth consecutive year. Top ten is largely dominated by major Asian and European cities, with Singapore, Hong Kong (4th), Sydney (10th) and Seoul (6th) competing […]

1 December

The Clash of Traditional Planning Controls and Emerging Business Models

In Western Australia what activities you can and can’t locate on any particular piece of land is governed by zones and land uses within a local planning scheme, each scheme unique to each local government area. Zones dictate the permissibility of different land uses in the area designated. Land uses describe a particular type of […]

21 October

City of Innovation Enabling Strategy – Academic Paper

Click on the following link to read the full Academic Paper written by Michael Chappell. City of Innovation Enabling Strategy Academic Paper Excerpt from the paper… “Problem Statement Traditional methods look at comparative rates of financial return on alternate uses of scarce capital. These methods examine the likelihood of future cashflows for well-understood activities, with […]

13 June

Garden City Expansion

The Western Australian Planning Commission has approved the expansion of AMP Capital’s Garden City shopping centre, allowing it to grow to 120,000sqm and making it one of WA’s largest shopping centres. Pracsys played a vital role in the Structure Plan, working within a multi-disclinary team to develop the strategy and provide the evidence base to […]

12 June

The new Perth Stadium

The State Government has announced the Westadium consortium, led by Brookfield Financial and John Laing as the preferred respondent to design, build, finance and maintain Perth’s new 60,000 seat stadium and sports precinct. The contract is currently in negotiation and is expected to be awarded mid-year. Pracsys provided specialist advice to the consortium which included […]

18 February

Free GIS data for Western Australians, can’t or won’t?

Does your suburb have as much parkland per person as the next one? What’s the average distance between houses and bus stops in your area? How fragmented are Perth’s cycle paths? Government agencies in WA and Australia currently produce or acquire GIS data that can be used to answer these questions. Yet, those files are […]

20 March

Running out of land!

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The idea that we are running out of urban land is one of the great ‘urban’ myths of our industry. Perceived scarcity of land arises for two reasons, maintenance of constrained supply through development controls and development industry practices, and artificially high estimates of demand which assume continuation of the status quo. We have a […]

6 November

Implications for University Asset Use in the Digital Age

by Michael Brennan The internet has rapidly transformed the competitive landscape of industries like retail, media and music. It now has its eyes on the millennia-old industry of tertiary education. Recent research[1] describes the impact of Massively Open Online Courses (MOOCs) on Australian universities, “over the next 10 to 15 years, the current public university […]

17 July

Housing Affordability

Data from the recently-released 2011 Census show a rapid increase in the cost of housing in Western Australia since 2006. This will not come as a surprise to renters or those who have entered the housing market in recent years. In late 2007 I managed to get a room in a nice, recently built three […]

16 April

What if Bill was one of us?

Is Australia a society that favours property speculation over invention and innovation? The linked article by Paul Wallbank explores the career path of Bill Gates if he had been born in Australia. http://www.smartcompany.com.au/business-tech-talk/what-if-bill-gates-had-been-born-in-australia.html Australia’s tax system penalises entrepreneurs for taking risks, while permitting negative gearing and capital gains exemptions on homes. Wallbank imagines that this […]