Here’s one view why the Reserve Bank’s approach on zoning and housing prices is “conceptually flawed, relies on lobbyist input and doesn’t interrogate housing supply evidence or quantify the effects of planning controls”.
Last month the Reserve Bank of Australia (RBA) published its conclusions on some of the drivers of housing prices – without considering the full range of alternative explanations.
An inclusionary zoning target for affordable housing on rezoned land is another step closer following the release of the Greater Sydney Commission’s final region plan.
OPINION: Governor of the Reserve Bank of Australia Philip Lowe might be good at his job but he was told in no uncertain terms recently to stay out of global trade issues after he suggested that the world should not retaliate against the US imposition of steel tariffs.
MARKET PULSE: Demand for planners in Melbourne and Sydney is “red hot” at the moment with many consultancies finding it difficult to fill positions. John Wynne, national planning director of consultancy Urbis, said it’s an incredibly busy time for planners and so recruiting them is a challenge. “It’s fair to say that nationally the demand […]
NSW’s new planning minister Anthony Roberts has been in the papers this week, with the announcement that an expanded “priority precincts” program would occur around rail stations to foster development.