Developers, who say planning hurdles are the biggest obstacle to housing, are also wary about any new scheme, fearing it could raise costs.
. “If we could change the risk profile we could have a higher allocation to affordable housing and still get a good return.”
“It’s really hard to say it would be good without any detail,” Linda Allison, chief executive of the Urban Development Institute of Australia’s Victorian chapter told“What would the criteria be? Of course quality is important, but if there are standards over what already exists, then that raises issues around pricing points and affordability for consumers. A fast-tracking mechanism that has excessive requirements won’t be a fast-tracking process.
A spokeswoman for Mr Andrews on Thursday gave no further detail and declined to comment on the housing reform package. “It is a positive and progressive piece of public policy and very scalable,” said Kris Daff, CEO of developer Assemble, which will deliver the project.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Can Daniel Andrews’ housing policy solve Victoria’s growing property crisis?After nine years in office, the Victorian government is only now preparing to unveil its housing package.
Read more »
Daniel Andrews dismisses Senate inquiry findings from cancelled Commonwealth GamesA Senate inquiry into the cancelled 2026 Commonwealth Games has urged any state and territory hosts of major events seeking federal funding to notify the federal government with contingency plans. The report also encouraged any potential cancellations to be flagged well in advance. Victorian Premier Daniel Andrews dismissed the interim report into the Commonwealth Games as a “political stunt” even before it was released. This approach prompted the senate chair to accuse him of putting regional communities in the trash can. Approval has been granted for an upper-house Senate inquiry into the 2026 cancellation with the first date expected to be early October.
Read more »
Chinese developers exit Australian market as property crisis worsens in ChinaChinese developer Country Garden invested billions buying and developing prime sites in Australia. Now, it is among several debt-laden developers selling or downsizing their portfolios.
Read more »
Affordable housing mandates would backfire, developers sayAs Australia’s largest states gear up to reform their planning systems, there’s a battle under way over how far the changes will go.
Read more »
Andrews govt tight lipped on potential 7.5 per cent short stays levyAn Andrews government minister has remained tight lipped about an Australian-first levy Victoria is considering for short-term accommodation.
Read more »
Victoria actively hindered Commonwealth Games inquiry: Senate committeePremier Daniel Andrews declined to give evidence, but the committee heard he wrote to witnesses to warn them against disclosing information viewed as confidential.
Read more »