According to The Australian Financial Review, Australia could build about 15,400 more new homes a year if state and local governments undertook a series of "quick wins" over the next 12 months to ease red tape and speed up development, the Property Council of Australia says.
NSW could build an extra 10,600 homes, Victoria 2200, Western Australia 1400, Tasmania 15, Queensland 800, South Australia 200 and ACT 190 by making proposed changes or holding off on planned policies across their jurisdictions, a new report for the council by consultancy Urbis says.
The biggest recommendation for NSW was to finalise and implement state plans, such as the "missing middle" medium-density and planned precinct plans. Victoria should commit to increased delivery of greenfield lots, the report said.
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