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Complying development is a building and planning approval pathway that enables fast-track assessment of certain development including housing.
“Out of the total cost of a house and land package in Sydney, $576,000 is made up taxes, fees and regulatory costs. One of the biggest portions of that is the cost of delays in getting an approval to build. Complying development helps to reduce that timeframe and in turn reduces the cost of delivering a home by at least $15,000.
“At the moment, a new house can be approved via complying development in around 24 days whereas a house approved under a council DA takes on average 87 days. For granny flats and townhouses, complying development is nearly 4 times faster.
“Many government agencies and councils have a dislike for complying development which can only be described as NIMBYism.
“We call on Premier Minns to set a target for complying development that ensures we see an increase in both the number of houses, and housing types, that can be built under the complying development approval pathway.
“A target makes Councils and NSW Government agencies accountable and sends a clear message that they need to do more to streamline the approvals process.
“Industry stands ready to start building the homes we need to address the housing supply shortages. However, we need to make the process of getting planning approvals quicker and easier so we can get on with the job of getting keys in doors,” concluded Mr Armitage.
The Housing Industry Association (HIA) welcomes the Coalition’s announcement to form Investment Australia, a body aimed at removing excessive red tape and regulation. HIA recommends all political parties to look at seriously implementing such a proposal.
“Complying development delivers faster and cheaper housing approvals,” said Brad Armitage HIA Executive Director NSW.
The Northern Territory Government has recently introduced changes to payroll tax which will commence on 1 July 2025.These changes will impact the way payroll tax is calculated and will provide benefits to eligible employers, particularly small-to-medium sized businesses.