Home Property Australia Business opportunities given a boost by reduced Red Tape DPA

Business opportunities given a boost by reduced Red Tape DPA

  • May 05, 2016

Business opportunities given a boost by reduced Red Tape DPABusiness opportunities in our prime centres, business districts, local shopping areas, main streets and commercial strips throughout Greater Adelaide have been given a boost following approval of the Existing Activity Centres Policy Review Development Plan Amendment. The change will support greater business opportunities, flexibility, and competition as well as stimulating the economy. It represents a significant step in replacing outdated, inconsistent, heavy handed and anti-competitive land use policies found in development plans relating to activity centres and shopping activity. This approval means that key requirements in 25 development plans will be better placed to encourage investment, innovation and competition in the affected areas as a result of changes that make it easier for retail development to occur in areas where it is anticipated. Background The DPA affects suburban and regional areas of Greater Adelaide and all 25 development plans in the region, excluding the City of Adelaide. The proposed changes to the development plans underwent two months of consultation between 27 August and 21 October 2015, and attracted 45 public submissions. The general level of support for the changes is welcomed, but there is still more work to do to ensure established businesses can grow and that new businesses can enter the market place to improve services and consumer choice. A roundtable will soon be held with key stakeholders in the industry, to help inform this next stage of work.