Draft Biodiversity Conservation Bill 2016 and Draft Local Land Services Amendment Bill 2016

The Property Council of Australia holds serious concerns about the impact the NSW Government’s proposed reforms of biodiversity legislation will have on housing supply and affordability.

The analysis provided in this submission is at a high level and seeks to identify the strategic consequences of the proposed changes. Making specific recommendations is made problematic by the absence of;

  1. Draft regulations that set a biodiversity offsets scheme threshold.
  2. Draft regulations that set a biodiversity offsets calculator.

The Property Council Of Australia will make further submissions to the NSW Government with specific recommendations when greater certainty is available on the operation of the proposed policy settings.