There’s a lot of talk at present regarding to role of superannuation funds, their purpose, tax concessions and their involvement (or not) in affordable housing.
But for all the positive ESG talk surrounding super funds working with government to deliver affordable housing, very few have specifically addressed the elephant in the room – the constraints and delays associated with securing a planning approval.
The timeframes associated with approvals, as well as an academic obsession with inclusionary zoning (where affordable housing is built within the re-zoned building envelope) among some ivory tower planners has significantly contributed to the problem.
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