NSW Advocacy Wins 2024

Advocacy Wins 2024 January – June

Delivering for you

As we face a once-in-a-generation housing supply and affordability crisis, the property industry is being called on to deliver…

The five-year National Housing Accord began on 1 July. It kicked off a commitment to build 1.2 million new well-located homes by 2029. In NSW, a record breaking 377,000 new homes will need to be realised. This is a monumental challenge. Industry is facing significant headwinds from rising construction costs, high interest rates, and tougher foreign investment frameworks to attract international capital.

The Property Council has worked tirelessly in the first six months of this year to advocate on behalf of our members on the issues that matter. We have influenced and led the conversation on ongoing reforms to address the housing crisis – including Transport Oriented Development; new social and affordable housing bonuses; low- and mid-rise development policy; and the impact of new taxes and charges on feasibility.

We will continue to support our members to deliver record housing completions. We will also keep up the pressure on priorities beyond housing supply and delivery, including maintaining NSW as an attractive investment destination; ensuring long-term plans are in place for our cities; supporting industry leadership to deliver a net-zero built environment; and investing in our growing regions.

We remain a leading voice on your behalf, advocating strongly and credibly to all levels of government on the policy issues and reforms you care about.

Thank you for the enormous contribution you make to our advocacy efforts – your partnership and expertise are greatly valued, and I look forward to sharing more of the outcomes we are achieving together in our efforts to tackle the housing crisis and to build a more prosperous property industry in NSW.