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NSW Housing Delivery Authority: 2 Approvals, 157k Home Gap

Published 1 week, 3 days ago
Description

Despite the Housing Delivery Authoritys efforts, only two apartment projects have been approved in New South Wales, with a total of 106 units. Out of 1,070 developer expressions of interest, 308 were fast-tracked, potentially unlocking 102,000 homes. However, the state faces a significant housing gap, missing its five-year target by nearly 157,000 homes. The Minister attributes delays to developers slow submission of environmental plans, while opposition criticizes the reforms as a failure.

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