“The NSW Planning system has had four bad years of chronic underperformance,” said Tom Forrest, CEO of Urban Taskforce. “The new minister for Planning, Anthony Roberts, has recognised the problem and [has] taken some steps to fix it with a substantial boost in the recent NSW budget. But more needs to be done. Action to reverse this crisis is needed now.”
Forrest said that to meet the demand for houses in NSW, the NSW Planning System needs to see about 73,000–75,000 each year. Not all these approvals will result in new homes being built, though, as financial circumstances change over time.
As reported in Australian Broker, click this link
