NSW to fast track approval of large housing plans

According to The Australian Financial Review, NSW will early next year open a fast-track housing process, giving a new entity, the Housing Delivery Authority, power to rezone land and approve large development proposals without deferring to local councils.
“The creation of the new Housing Delivery Authority has the potential to significantly reduce planning time frames and investment uncertainty, allowing quality homes to be delivered more quickly for first home buyers and essential workers,” Stockland chief executive Tarun Gupta said.
“If implemented successfully, these important changes bring the NSW planning system into line with others around the country and will enable a significant increase in the supply of housing across the state.”
The reforms will apply to new developments with an estimated cost of $60 million (100 or more homes on average) in Greater Sydney and a cost of $30 million (40 or more homes) in regional NSW.

https://www.afr.com/property/residential/nsw-to-fast-track-approval-of-large-housing-plans-20241115-p5kr1k