Local government incentives are the right move for housing supply
Urban Taskforce Australia backs NSW Government's move to grant infrastructure funding to high-performing councils as a way to boost housing supply. The approach is seen as a practical incentive for local governments to approve more development.
The NSW Government's awarding of infrastructure grant funding to high performing councils is a sensible approach to delivering housing supply - Paul Waterhouse, Acting Urban Taskforce Australia CEO
Will NSW council infrastructure grants mean faster housing approvals for builders?
Builders and developers in NSW may see faster council approvals and more infrastructure-ready land, potentially reducing project delays and costs.
Key takeaways
- NSW Government is offering infrastructure grants to councils that perform well on housing approvals.
- Urban Taskforce Australia says the incentive model is a practical way to lift housing supply.
- Builders in NSW could benefit if councils are motivated to fast-track development applications.
- No specific funding figures or timelines were provided in the announcement.
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