Already a subscriber?Wealthy suburbs in Sydney’s east and on the North Shore will have to take a greater share of the Minns government’s plan to build 375,000 new homes in five years under a major shake-up of housing policy in the country’s most expensive property state.signature housing supply package
“One of the reasons housing targets have failed in the past is that we have placed an enormous burden on western Sydney, without the infrastructure to support it. We’ve asked local councils to pick up the slack, to maintain the roads, to provide the parking, to make sure services are there for entire new communities,” Mr Minns said on Wednesday.
Under the new targets, 70 per cent of the 377,000 homes to be built over the next five years would be in Sydney – or 263,400 more dwellings in the city. “While bolder housing targets are welcome, government needs to set councils up to win, not fail. These new targets don’t change today’s development landscape – the barriers to delivery remain the same.” Ms Stevenson said.
Ku-ring-gai Mayor Sam Ngai described the new targets as “theoretical” but conceded they could be met if enough construction workers could be found.He said a longer time-frame of 20 years would make it easier for councils to “properly plan and deliver infrastructure for future generations”. “It is achievable. We’ve been asking the state government to tell us the figure to identify where those homes could be built. We’re ready to start doing that by the end of 2024. I think it’s a bit of stretch, but we have to stretch ourselves,” Mr Byrne said.
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