Housing approvals will continue to remain at historical highs, as a result of recent changes to planning legislation that will make it simpler and easier to build a home.
The changes to the Environmental Planning and Assessment Act 1979 (EP&A Act) will assist in ensuring more housing supply is made available, to accommodate the growing and ageing population of NSW.
NSW Department of Planning and Environment’s Deputy Secretary for Policy, Strategy & Governance, Alison Frame, said that changes to the EP&A Act will cut unnecessary delays in the assessment of development applications and ensure more homes are going to market.
“We know that the population of NSW is set to increase from 7.7 million people to over 9.9 million in the next two decades,” Ms Frame said.
“As part of the changes, the Act has been modernised and simplified, making it easier to use for anyone wishing to build a home.
“The changes will also support engagement with the community from the early stages of the strategic planning process which will result in faster housing approvals.
“Engaging with communities at the strategic planning stage of the process will mean we can address any issues as early as possible,” Ms Frame said.
Housing approvals in the 12 months to September 2017 are up by 96 per cent (68,945) compared to five years ago (32,260). NSW has led the country in housing approvals for more than two years, having experienced it 45th consecutive month of record housing approvals, far exceeding the Premier’s Priority Target of 50,000.
To find out more about the breakdown of NSW’s population by district now and 20 years in the future go to: http://www.peopleandplaces.nsw.gov.au/
24.11.2017 | pdf | 184.8 KB