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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 median price of residential land sold nationally jumped by 6.8 per cent over the 2024/25 financial year, more than three times faster than consumer price inflation over the same period,” stated HIA Chief Economist Tim Reardon.
“The Housing Industry Association (HIA) is calling on all parties to park the games and fast track the delivery of the long overdue EPBC reforms by the end of this year,“ HIA Managing Director, Jocelyn Martin said today.
The Housing Industry Association (HIA) welcomes the announcement of an audit into the Housing Australia Future Fund (HAFF) but cautioned that the review should not delay or derail the urgent task of increasing Australia’s housing supply, HIA Managing Director Jocelyn Martin said today.
“The announcement that the NSW Government will fast-track a major rezoning of Gosford City Centre, unlocking 1,900 new homes across 283 hectares, provides an exciting opportunity for the Central Coast,” commented HIA Hunter Executive Director, Craig Jennion.