DESIGNING LAND ADMINISTRATION SYSTEMS TO SUPPORT MODERN LAND MARKETS. Economies require successful land markets to generate wealth. Our land administration systems are expensive but essential infrastructure for land markets. However, since they were designed 150 years ago, the market has invented complex commodities: time shares, unit and property trusts, financial instruments, mortgage backed certificates, insurance products, options, corporate development instruments, vertical villages, and ....DESIGNING LAND ADMINISTRATION SYSTEMS TO SUPPORT MODERN LAND MARKETS. Economies require successful land markets to generate wealth. Our land administration systems are expensive but essential infrastructure for land markets. However, since they were designed 150 years ago, the market has invented complex commodities: time shares, unit and property trusts, financial instruments, mortgage backed certificates, insurance products, options, corporate development instruments, vertical villages, and more. The project will explain how modern land markets evolved and how land administration systems can be adapted to provide more efficient land trading and better support for trading in new complex commodities. Read moreRead less
Land and property information in 3D. Australia’s population growth results in multiple uses and stacked villages in 3-dimensional (3D) arrays of buildings and facilities in cities. This project will facilitate use of 3D technologies to support the land market, streamline legal requirements, decrease delays and reduce costs for designing, planning, building and managing modern cities.