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A steady supply of shovel-ready land is fundamental to housing affordability. Precinct Structure Plan (PSP) approvals fell alarmingly between 2020–2024. The government’s 70/30 policy (70 per cent infill, 30 per cent greenfield) is not aligned with consumer behaviour — most Victorians are choosing greenfield and suburban locations.
Increase land made available in growth corridors and expand tax and non-tax incentives to improve project viability.
Improve coordination of Precinct Structure Plans through stronger collaboration between state agencies, councils and key stakeholders.
Drop the 70/30 target — let consumer preference, not policy, determine where homes are built.
Encourage market-led proposals to unlock land supply, tapping private sector innovation for surplus and complex parcels.
Improve collection and publication of planning and building approval data, capturing both approvals and applications.