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NSW declares it is not done on reforms to ease housing shortage

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The NSW government will create a clearing house allowing developers to avoid a complicated and often conflicting approvals process before construction can begin in the next stage of Labor’s push to stimulate lagging housing supply.

Paul Scully, the NSW Planning Minister, will warn The Australian Financial Review Property Summit that hopes of building 377,000 new homes by 2029 – part of a national plan to limit growth in real estate prices – is growing increasingly unreachable.

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Campbell Kwan covers commercial and residential real estate for The Australian Financial Review, based in the Sydney newsroom. He was previously the breaking news reporter. Email Campbell at campbell.kwan@afr.com

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    Original URL: https://www.afr.com/politics/nsw-declares-it-is-not-done-on-reforms-to-ease-housing-shortage-20240909-p5k930