Does it Stack up?
The recent VCAT decision in SMA Projects Pty Ltd v Yarra CC & Ors [2013] VCAT 436, tested the argument of financial viability i.e. whether the financial viability of a proposal was relevant in justifying a development. The proposal was for the development of a site with 350 dwellings and commercial uses (an increase from a previously approved application) and included the restoration of heritage buildings.