Monitor this situation.
Unsubscribe anytime.
[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 6 sources · 2 days · First seen · Last updated
New South Wales housing policy debate
Overview
Development and local government organizations in New South Wales are advocating for increased infrastructure funding to expand the housing supply. The Urban Development Institute of Australia and Local Government NSW have aligned their priorities, suggesting that upfront infrastructure investment could facilitate nearly 70,000 new homes in Greater Sydney. Additionally, calls have been made to reform development incentives for seniors housing to address projected population growth.
As the state approaches an election, political parties have introduced competing strategies for increasing residential density. The Coalition has proposed developing more than 12,000 homes on the site of the Long Bay Correctional Facility, with a portion designated for social and affordable housing. Conversely, the Labor government has rejected that plan, proposing instead to build 9,400 homes centered around a new train station at Woollahra to focus on transit-oriented development.
Entities
New South Wales · Local Government NSW · NSW Labor · Stuart Ayres · Woollahra
Timeline
-
[POLITICS] 4 sourcesNSW political parties propose competing housing plans for Sydney
NSW political parties have unveiled competing housing strategies for Sydney's eastern suburbs ahead of the March election, involving either closing Long Bay prison or building a new rail station at Woollahra.
-
[BUSINESS] 2 sourcesNSW development and local government bodies call for housing reforms
Industry bodies in New South Wales are urging the state government to increase infrastructure funding and reform planning incentives to unlock housing supply and accommodate an aging population.
Sources
brisbanetimes.com.au · communitynews.com.au · councilmagazine.com.au · eliteagent.com · goulburnpost.com.au · tickernews.co