Developers say lack of planning certainty holding back housing supply

According to The Australian Financial Review, a lack of certainty about planning outcomes is halting the acquisition and development of sites for new housing, a survey by real estate investment house Wingate has found.
Of the circa 145 developers, private lenders and high net worth investors surveyed by the Melbourne-based firm, almost a third said securing planning approvals was a key development impediment, while over a third said the availability and cost of labour and trades was still a major issue.

https://www.afr.com/property/residential/developers-say-lack-of-planning-certainty-holding-back-housing-supply-20230608-p5dezy