The decision represents a disciplined approach to large-scale capital investment and is consistent with our requirements for a development concept to be commercially robust across a range of scenarios.
This would dramatically lower the cost and improve the return on investment of large-scale capital projects, as they would be free from the interest cost of debt service.
We reveal 18 suburbs where vacancies are almost non-existent, competition for rents is minimal and the current supply and demand situation suggests immediate, large-scale capital growth is coming.
For the young nation, this was the period of the "second industrial revolution", large-scale capital flows and virtually unrestricted arrivals of migrants.
On the flipside, the harsh experience of the global financial crisis means that they remain cautious and are not committing to large-scale capital expenditure.