The Property Council of Australia has today welcomed the announcement by the NSW Opposition that it will increase housing supply around key transport hubs and streamline planning approval processes if elected in March 2023.
“The Opposition Leader”s call and commitment through his Bradfield Oration to deliver higher density development around key transport hubs and rebalance population growth across Greater Sydney is a welcome contribution to our housing debate,” said Acting NSW Executive Director, Ms Adina Cirson.
The Property Council”s 2023 Election Platform calls for on an incoming NSW Government to set housing targets for precincts around transport hubs and land-owning government agencies.
“Applying the principles of Transit Oriented Development in fixing our housing crisis was a key ask in our election platform released late last month.
“Supply, coupled with greater leadership and accountability within the planning system, is key to start delivering on the housing needed to meet our population growth right across the city.
Ms Cirson said locating high-density development around existing transport nodes was simply smart planning and had the potential to transform liveability.
The Property Council is recommending these targets form part of the Greater Cities Commission”s Six Cities Region Plan and accompanying City Plans and inform the development of a broader precinct pipeline.
“Whether you live in the city or the regions, the housing crisis is making every day harder than the last for NSW residents.
“It”s great to see some key announcements being made by the major parties to tackle this crisis as we head into the campaign proper.
“Working together, we can deliver real housing choice for those who need it, where they need it,” Ms Cirson concluded.
The Property Council”s 2023 NSW Election Platform and full list of detailed recommendations is available here.
Media contact: Michael Player | [email protected]