Developers demand planning free-for-all

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Last week, multi-billionaire apartment developer, Harry Triguboff, penned an article calling for the NSW Government to “end the planning paralysis” so that he can build low quality dwellings, wherever he likes, and sell them to the Chinese.

Now, the lobby group representing property developers, the Urban Development Institute of Australia (UDIA), has demanded that planning authority be taken out of the hands of the state planning minister to make it easier for large developments to get under way:

“Most major developments encounter significant local opposition,” [UDIA] says.

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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.