NSW Premier Chris Minns will tackle housing affordability by building more homes, rather than imposing ‘use it, or lose it’ measures on landowners to boost supply
on property owners to free up more dwellings, arguing his government is intent on boosting affordability and supply by building new homes and targeting planning issues.expanded an empty home tax and unveiled a new levy on undeveloped residential sites to free up more homes and land for housing, Mr Minns said NSW would tackle its supply and affordability challenges through a planning and zoning shake-up to bring more density closer to Sydney’s centre.
“No, I’m not announcing that ... you can do many things when it comes to housing supply and ensuring that there’s enough dwellings ... but we’re going to focus on bringing on more supply,” he said.“We think that’s going to bring on the biggest yield in terms of changes for the people of the state.” At 76,000 a year, NSW’s annual target is double what it is forecast to deliver, and more than has ever been built. This has prompted business and property leaders to press the case for planning reform to simplify approvals processes and cut development waiting times, particularly for medium density housing.
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