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NSW Government Releases Potential Solution for Sydney Housing Supply

sydney-property-market

This week

A Plan for Growing Sydney was released and offers excellent objectives about increasing housing supply and urban renewal.

However, the

Urban Taskforce say its ultimate success is reliant upon strong leadership from the Greater Sydney Commission.

Urban Taskforce CEO Chris Johnson spoke of the differences between this plan and the draft plan from 2013.

“The main change from the draft plan of early 2013 is that the detailed targets for sub regional areas have been deleted and a new approach to driving outcomes has been instigated with the delegation of sub regional plans to the Greater Sydney Commission,” said Mr Johnson.

“This demonstrates stronger state leadership with the commission being an independent body that takes ownership of the delivery of the plan.”

He further explained that whether strong leadership will be demonstrated or not depends on who is appointed to the committee.

“The success of the Plan for Growing Sydney will depend a lot on the makeup of the commission. It is good to see that funds have been allocated for the commission and that it will begin soon in an interim form as a Ministerial Advisory Committee,” he said.

“We will be keen to see who is appointed to the advisory committee and ultimately to the Greater Sydney Commission.”

 

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Article originally posted at: https://theurbandeveloper.com/articles/nsw-government-releases-potential-solution-for-sydney-housing-supply