NSW Planning Minister: Let’s bulldoze Sydney suburbs into high-rise

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By Leith van Onselen

New South Wales Planning Minister Rob Stokes says he hopes to ensure that all local councils in the state adopt the ‘missing middle’ scheme by the end of 2019. The scheme aims to speed up approvals for higher density developments in suburban developments. Stokes has told the Urban Development Institute of Australia NSW annual luncheon that he is very keen to cater for the ‘missing middle’, and that there needs to be a greater variety of housing provided for within the residential sector. From The AFR:

“I am very passionate about providing for the missing middle … there is a large gap between historical housing supply and what the community wants…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.