Napier & Blakeley are just completing their role as Quantity Surveyors on the new QEOC building at Kedron Park in Brisbane.
This world-class communications centre, the largest emergency operations centre in the southern hemisphere, enables best practice strategic response and planning for daily emergencies and incidents and coordinated disaster management for the Queensland Government.
The building was centre of attention in the recent South East Queensland floods and Cyclone Yasi as it became the broadcast facility for regular bulletins by State Premier Anna Bligh and Prime Minister Julia Gillard.
The 14,500 m2 building uses green technology throughout and the project is designed to achieve a 5-star Green Star rating. Sustainable features include full water recycling, rainwater harvesting, low-energy lighting and on-site power generation. Information and communication technology forms a major part of the project and is one of the key elements in it achieving “world class facility” status. Continue reading →
Wayne Swan… “Keep your mitts off the MITs!!”
The doubling of the tax rate applicable to international Managed Investment Trusts (MITs), with no consultation nor warning and – it would appear – based upon miss-guided thinking, not just flies in the face of the plan to make Australia “the hub of finance in Asia”, but the sudden move places Australia on the list of countries with significant Sovereign Risk.
As a result Australia is no longer considered so transparent.
Since the budget, we have seen prudent comments from Property Council of Australia and reports from the likes of Business Council of Australia. These confirm what intuition tells us – that 7.5% of something is better than 15% of nothing. Continue reading →