In launching its Building Blocks Greater Western Sydney 2021 report tomorrow at the NextGen West Urban Development Conference, UDIA NSW warns of the major economic impact from lengthy and unnecessary delays in delivering enabling infrastructure, causing a housing supply crisis and an accelerating affordability crisis.
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The success of the Western Parklands City will hinge greatly on the successful delivery of the aerotropolis and its integration with the existing regional centres in Western Sydney.
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The draft Strategic Guide to Planning for Natural Hazards in NSW, released today by the Minister for Planning and Public Spaces, is designed to address the impacts and costs of extreme weather events, which are expected to increase as our population grows.
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UDIA NSW is pleased to see that two of the best performing councils as identified in our Council Infrastructure Performance Monitor FY20 for the Sydney Megaregion have stepped up to match the government’s $75.9 million in funding.
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In its pre-budget submission to the NSW Government, UDIA NSW (UDIA) set out the significant challenges to both the greenfield and apartment markets and made key recommendations for the 2021-22 NSW Budget.These challenges, if not immediately addressed, will become a major drag on the NSW economy, with a potential loss of 90,000 jobs and $50bn of economic output by early 2023.
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UDIA NSW research reveals that Councils are sitting on $3bn in infrastructure contributions that if spent efficiently, could improve housing affordability, create thousands of jobs and improve the quality of life for hundreds of thousands of people in NSW.
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