Acting Chief Executive of the Urban Taskforce, Stephen Fenn, today said the streamlined rezoning pathways for Government housing agencies should extend to high value, high yield market housing proposals.
In the midst of a housing supply crisis and with the National Housing Accord commencing in little over 4 weeks requiring 76,000 new homes delivered each year for five years, NSW needs the housing sector to be firing on all cylinders.
At the end of the day, the private sector will need to deliver more than 95% of the housing required under the Accord. And it will be the big developments, particularly those worth more than $50 million in construction value (excluding land), that will have to do most of the heavy lifting.
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