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Illawarra Shoalhaven Sets a Strong Pace on Housing Approvals

New building approvals data released today show councils in the Illawarra-Shoalhaven are setting a strong pace compared to others in NSW, but home approvals are still projected to fall short of meeting State Government housing targets under the National Housing Accord.

Home Approvals Still Falling Short of Housing Accord Target

New council level ABS building approvals data released today shows that NSW’s housing delivery pipeline remains under significant pressure, with approvals tracking well below the pace needed to meet the Government’s Housing Accord targets, nine months into the five-year agreement.

Welcome Relief, But More Needed to Revive Night-time Economy 

The Property Council of Australia has welcomed the ACT Government’s announcement of free parking and other targeted support for businesses impacted by Light Rail construction but says more needs to be done to revitalise Civic’s struggling night-time economy.