Brisbane City Council has been accused of lining developers’ pockets in its latest attempt to increase housing supply, with warnings ratepayers would pay the cost of discounts in major project infrastructure charges.
Lord Mayor Adrian Schrinner presented his council’s Housing Supply Action Plan at a Property Council lunch on Thursday.Illustration by Aresna Villanueva
Similar development applications made this Friday and beyond would receive a 50 per cent discount, while community housing providers would have all infrastructure charged waived. “Even if the council does reduce infrastructure charges in the name of encouraging more development, what that will actually do is just lead to either developers lining their pockets and pocketing that reduction, or it will lead to land values rising slightly,” he said.
“That is the real consequence of not dealing with the housing supply challenges and not bringing on more houses and these problems won’t be fixed just with government housing or social housing.Sriranganathan said was an irresponsible and “short-sighted” policy that would lead to higher rates. “...Make no mistake, there are trends happening here that have a great deal of momentum and there is a real chance that that situation could occur next year.”
“Finally, Schrinner has come clean, and is now claiming Brisbane Labor’s policy as his own,” he said.
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