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{{propApi.successMessage}} {{region}} Change location10-year land release plan lays important foundations for Victoria
10-year land release plan lays important foundations for Victoria
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“This 10-year land release plan will provide builders and developers with greater certainty on the long-term direction of Melbourne.
“The announcement follows an expansion of ‘activity centres’ where state-led planning controls will make it easier for planning approvals to be granted for medium density housing.
“HIA broadly supports these measures, as all forms of housing are needed to meet the Victorian Housing Statement target of building 800,000 homes over the next 10 years. This includes increased medium density, infill and greenfield housing – meaning all forms of housing will be required to meet this target and build these much-needed homes.
“Alongside this, industry needs all areas of policy working together to support greater housing supply and put downwards pressures on housing affordability.
“The industry continues to face a number of challenges in boosting housing supply, including the costs and time associated with delivering new housing, slow and restrictive planning approvals, and the continuing raft of cascading regulatory changes.
“Yesterday’s announcement is not the full answer but provides an important step forward in identifying a more structured approach to land supply to support greater housing delivery. The industry now needs to see this land release plan delivered and not hampered by other competing policy agendas, that stand in the way of builders delivering these much-needed homes,” concluded Mr Ryan.
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