23 February 2009
The NSW Oppositions push to halve the lead time for major project delivery is laudable, but it will be hard to achieve if special planning rules designed to fast-track major projects are tossed out, according to the Urban Taskforce.
We cant afford any more false starts, Mr Gadiel said.
The NSW Government needs to deal with major projects quickly for the sake of jobs and our States clear social and economic needs.
Major projects cant afford to be bogged down in the bureaucracy of our urban planning system.
Thats why Part 3A of the States planning laws was enacted to lift key public and private projects out of the red tape nightmare.
The Opposition has our full-support in their effort to halve project delivery times but it cant be done if the Opposition persists with its proposal to abolish Part 3A.
Were particularly concerned at their plans to remove the State governments authority to fast-track regionally significant commercial, industrial, retail and residential development.
The Urban Taskforce is a property development industry group, representing Australias most prominent property developers and equity financiers.
For every $1 million in construction expenditure, 27 jobs are created throughout the broader economy. The construction activity made possible by property developers contributes $69 billion to the national economy each year and creates 709,000 direct jobs. The construction industry is Australias third largest source of employment.