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hahaha, gold !!!!:):):)

I was part of the NSW nation-building task force last year but finished with them before Xmas. At last count my former colleagues had completed over 800 development assessments for schools across NSW. This will provide construction work for part of this year but the work is supposed to by...

The short answer to that would have to be "yes" I know that when I last consulted 3 days a week to a Council, work really dropped off as less development applications were coming through the door as my developer applicants were finding it harder to get finance. Quite a change from there being...

BlueCard, what you say makes a lot of sense to me and I'm sure that banks are absolutely capable of thinking like this and being this cynical ...they have shareholders to put first, after all.

Thanks for that. I really hope as many developers and would-be developers post on this thread as its important to know as much as possible about the current state of lending for development. I have a town planning biz but if I re-set it to an after hours biz and get a proper job, I can...

argh !!!! unbelievable. The banks are really stymying development in this country at a time when the development assessment process, a well known bottleneck, is rapidly being reformed so that development can happen more quickly. It will be a while before we have an oversupply of new housing...