Wednesday 01 July 2020 (Sydney, Australia) – UDIA NSW Chief Executive, Steve Mann, welcomed todays announced Planning Delivery Unit. Many precincts have been long delayed in delivery and this One-Stop-Shop must unlock these major projects.
UDIA NSW Chief Executive, Steve Mann, welcomed today’s announcement that the s7.11 contribution cap in the Hills and Blacktown will be extended to 31 December 2020 at an increased rate of $50,000.
The Urban Development Institute of Australia (UDIA) today launched a new plan to stimulate economic growth, jobs and wages by boosting housing construction following the economic effects of COVID-19.
Recent research has shown there are nearly $8 billion in total capital investment in development projects across the Hunter region, which can be unlocked by more efficient interaction between RMS and the urban development industry.
Leading development industry body, the Urban Development Institute of Australia (UDIA) NSW is calling for an independent review of the cost of infrastructure works in West Dapto, after the release of the final IPART report on the West Dapto Contributions Plan.
“As we look to recover from this COVID-19 economic crisis, it is crucial that the major transport projects that we commence are the city shaping projects like Metro West, that bring with them the development opportunities and jobs which we need to rebuild our economy and grow the liveability of our cities,” said Mr Mann.
UDIA NSW welcomes today’s announcement from NSW Government to create opportunities for more than 30,000 construction jobs by September 2020. At UDIA NSW’s event today, Minister for Planning Rob Stokes announced that new projects will be prioritised as part of the Planning System Acceleration Program.
UDIA National has now lodged an extensive submission in response to the Commonwealth Government’s Independent Review of the Environment Protection & Biodiversity Conservation (EPBC) Act.
Without urgent interventions Sydney is headed for the lowest levels of dwelling completions since 1953. This will be a catastrophe for young home buyers, affordability and jobs.
COVID-19 is putting increasing pressure on industries around the world. The development sector is no different: uncertainty from declining sales, disrupted supply chains and delayed project launches. With unemployment rising across the state, UDIA NSW expects further challenges for the industry as potential buyers begin to think about income security.
