Australia: NSW planning laws update - mixed blessings

Real Estate Markets Insights
Last Updated: 19 December 2010
Article by Nick Thomas

In the last few months, and especially this month, development stakeholders have been given mixed blessings in changes to planning law and policy in NSW.

This article highlights some of the events of the last few months and comments on what we can look forward to in 2011.

Development contributions

In September, in an effort to accelerate housing development and keep downward pressure on real estate prices, the NSW Government introduced some important policy changes for the development contributions system.

Key features of the changes are:

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