19 September 2025 In this Edition...1. Landmark Planning reforms a seismic shift in the way NSW approaches housing supply 2. Hope for Parramatta Road? – let’s see the detail 3. Build to rent Bill passes Parliament – but not before some outrageous contributions from the Greens ... and much, much more ... 4. Affordable housing levies are making housing less affordable housing – why is it so??? 1. Landmark Planning reforms a seismic shift in the way NSW approaches housing supply
Housing will now be a central object of the EP&A Act. Urban Taskforce has backed reforms aimed at removing what the NSW Premier Chris Minns describes as "the bottlenecks" in the State’s ability to build more homes”. Urban Taskforce was instrumental in getting planning reforms, not just on the Government’s agenda, but also in securing the Opposition’s commitment to work in a bipartisan fashion, with the support of a campaign by the Telegraph, at the start of this year. This week we saw progress, with the Planning Minister Paul Scully introducing the Environmental Planning and Assessment Act (Planning System Reforms) Bill 2025 into Parliament. The Bill doesn’t solve all the problems with the NSW planning system, but it’s a solid step in the right direction and should be supported. Pivotal reforms include adding housing delivery as an Object of the Act. The “Objects” of any Act are critical to how legislation operates and is interpreted by decision makers throughout the planning system and ultimately the courts. Urban Taskforce was a lone voice in calling for reform of the EP&A Act and making housing supply an “Object” of the Act in its own right. Another key inclusion is the promotion of “proportionality” in development assessment as an "Object" of the Act. This will help put an end to the predilection of councils to nit-pick and use local planning controls to stymie development. A small lift overrun, or a minor case of overshadowing, will, if this Bill becomes law, need to be weighed and assessed against the broader economic and social and public benefits derived through the supply of housing. The new objects are backed by a series of important micro-economic, productivity-focussed reforms to the Act which are targeted at improving certainty, reducing risk, removing red tape, and speeding up the delivery of housing.
Urban Taskforce has been leading the efforts to reform planning in NSW and we were quick off the mark after the Government’s announcement. Urban Taskforce CEO Tom Forrest spoke with ABC TV news on the significance of the reforms which finally start to clean up what many believe was the worst planning system in the world: The Urban Developer picked up on our assessment as another nail in the NIMBY coffin: The SMH noted our comments that the principles of the Bill of were worked up in a bipartisan manner, with CEO Tom Forrest saying: Which brings us to the Opposition’s response! This is critical to ensuring the Bill goes through the Parliament without being tortured and deformed by the whims and policy fantasies of the Upper House cross bench (see story 3) The Opposition responded positively, but cautiously, and will finalise its position before the Bill is debated in October. The language from Opposition Leader Mark Speakman was encouraging: This is a critical test for the Opposition. Despite the leadership of Mark Speakman and Scott Farlow, we have heard a lot of “we support housing, but ...” from some members of the Liberal Party. Many of these MPs represent areas with NIMBY Councils who will no doubt take great offence at reforms to facilitate and speed up development. The Bill proposes to blunt many of the weapons used by NIMBY councils to thwart housing supply. While some Councils, like the Inner West and Burwood have come on board by supporting housing supply, not all have joined in. The day after the Bill was tabled, some councils spoke out about the changes to remove more control over significant planning decisions:
And we are yet to hear from the usual NIMBY suspects in the North Shore and Sydney’s East (who are still deciding if they support the windfall value up lift in Woollahra or hate it)! The question is, will some Opposition MPs cave into local NIMBY pressure, or will they stand up for the greater good and back Mark Speakman’s commitment to a bipartisan approach? Parliament will resume on 14 October, where the Bill will be debated in the lower house before making its way to the Upper House. Hopefully a reformed Act, which has strong foundations, boosts productivity, and underpins critical microeconomic reforms, will be in place by year’s end. 2. Hope for Parramatta Road? – let’s see the detailAfter decades of buck-passing, bold plans that went nowhere, and slow but gradual deterioration of one of our most important thoroughfares into one of Sydney’s greatest eyesores, the Minns Government has embarked on a rezoning of two precincts along the Parramatta Road corridor in conjunction with the Inner West Council – in Leichhardt and Camperdown– which they believe could deliver up to 8,000 new homes.
There are no further details at this stage – and this is where the devil lies. Fractured ownership, insufficient heights and densities, and additional taxes like affordable housing levies could each impact timelines and feasibility of development. It is not clear how and why the Government believes 8,000 new homes can be delivered in these precincts and more importantly, when they might be delivered. The Urban Developer extensively covered our response to the announcement: The Government also needs to look at the length and breadth of the corridor. There needs to be greater State leadership from Ashfield through to Auburn in terms of rezonings and the coordination of infrastructure. Urban Taskforce will keep a close eye on this matter. Many a government has come to Parramatta Road talking a big game and not delivering (remember the former Government’s “New Parramatta Road”?) The Parramatta Road Corridor Urban Transformation Strategy has been a handball bounced between Council and NSW Planning for years.The Minns Government is at least starting the rezoning process. Another positive is that Inner West Council, for years a NIMBY booster – is now on board and saying the right things about housing supply in its patch. Mayor Darcy Byrne (who should take a lot of the credit for reversing the anti-housing schtick that characterised former councils) is now talking about boosting housing supply in the Inner West as a moral crusade! There are positive signs, but Council and DPHI need to deliver a planning framework that helps, not hinders feasibility. Otherwise, Parramatta Road will remain a boulevard of broken dreams. 3. Build to rent Bill passes Parliament – but not before some outrageous contributions from the Greens
The Land Tax (Build-To-Rent Concessions) Amendment Bill 2025 this week passed through the Upper House unamended and will become law. This is a positive move to encourage long term investment in housing. While the Shadow Treasurer, Damien Tudehope, played some political games with the Treasurer Daniel Mookhey (and again took the opportunity to repeat the Opposition’s sensible and practical call for the deferment of the Housing and Productivity Contribution tax for the duration of the National Housing Accord and afterwards shift its payment back to a later period during development), the real concern in this debate was the fantasy world perspective of the Greens Party, who took out chief NIMBY prize in this debate. Greens Treasury spokesperson (a difficult concept to get one’s head around) Abigail Boyd MLC, claimed in Parliament that the Bill, aimed at providing more housing and more housing choice (not everyone wants to buy housing) was somehow a grand conspiracy designed to appease those institutional investors (as if they are a bad or evil thing) willing to invest capital in housing. We noted the Greens unique take on “we need more housing supply but…”: Sometimes even the most straightforward legislation shines a spotlight on how extreme political parties view the world around them. This attitude saw the annihilation of the Greens at the last Federal election. Abigail Boyd sounds a lot like Max Chandler-Mather did at the start of this year when he was a Federal MP. With this disastrous mis-read of the mood of the electorate, it was great to see the parliament unify to perfunctorily reject all their proposed amendments. 4. Affordable housing levies are making housing less affordable housing – why is it so???
Like a Newtonian law: Affordable housing levies = less housing supply Urban Taskforce’s Head of Policy, Stephen Fenn, penned an article for the online industry journal Sourceable, explaining the perverse outcomes of local affordable housing levies. These levies are ironically making housing across NSW less affordable by harming feasibility, stifling supply and only adding more overall pressure to the price of buying or renting a home. Introduced through inclusionary zoning, these levies force developers to set aside homes at below-market rates or pay cash, shifting the cost of a societal challenge onto just one segment: new buyers. Many councils champion these levies—often for the optics of being seen to doing something about affordable housing. Quite often they know that without incentives, these taxes will inhibit new housing – helping to deliver on the NIMBY agenda. The principle too is unsound – it shifts the cost of a broader societal and economic problem (housing affordability) onto a targeted section of the community – new home buyers – rather than ensuring everyone plays their part. If a council thinks affordable housing is valuable, then it should increase rates across the board, rather than slugging new home buyers. But slugging future residents is easier. It is a cynical political fix. And it also adds to the cumulative impacts of fees taxes and charges onto new housing. Our recent research piece showed that on average $346,000 is added to the cost of a new apartment in NSW through these charges – an astounding $576,000 for stand-alone housing. Councils like to say that these costs are borne by developers, but the economic reality is that these costs (particularly in a market where demand outstrips supply) they are simply passed onto the purchasers. And that’s the brighter side of the story. Often these levies cruel feasibility and financiers simply walk away, and no housing gets built. Good for the NIMBYs – bad for those trying to access the housing market. In contrast, incentive-based policies like the infill affordable housing bonus—offering extra building height or floor area in exchange for affordable units—have delivered better results without additional taxpayer costs. Since late 2023, this scheme has already supported 1,648 new affordable homes. The article urges councils and governments to shift from levies to incentive-driven approaches and direct investment, arguing that only increased supply will genuinely tackle the affordability crisis. The local push for affordable housing nevertheless marches on. Many councils are throwing apples up in the air expecting them to stay up. Development economics is a bit like the laws of physics. If you tax something, you’ll get less of it. And if you strangle supply, prices go up overall. 5. State of play in NSW Parliament
Minns Government: 1 seat short of a majority in the lower house Last weekend Labor won the Kiama by-election, which was held by the now imprisoned Liberal-then independent MP Gareth Ward. What does this mean for the numbers in Parliament? The Minns Government is still a minority government. In the 93 seat lower house:
To get legislation through the lower house, the Minns Government now only needs 1 vote from the crossbench. It has multiple options with the crossbenchers – who range from the Greens to western rural MPs to the inner city and Clover Moore ally, the Member for Sydney Alex Greenwich. The passage of a Bill in the Upper House is trickier – with the Government only holding 15 of the 42 seats, the Coalition 14, the Greens Party 4 and the remaining 9 scattered across the political divide. More opportunities for deals and horse trading! Such is the convoluted path of legislation in the 58th Parliament of NSW. 6. NSW Investment Delivery Authority to shortly open first round of EOIs
The Treasurer announced IDA will open for business in a matter of weeks Businesses and investors are encouraged to get Expressions of Interest (EOIs) ready with the first round of the Investment Delivery Authority (IDA) to open within weeks. NSW Treasurer Daniel Mookhey this week announced that the first round of EOIs would accelerate approvals for major projects aligned with government priorities, focusing on advanced technology and energy, including data centres, renewable energy and energy security projects, as well as hotel developments critical to visitor economy growth. Modelled on the successful Housing Delivery Authority, the IDA will seek to facilitate the assessment of major projects that are aligned with the Government’s priorities. Eligibility criteria for the IDA include:
The NSW Premier followed up his Treasurer the next day, stating that the historic red tape wrapped approach to housing and investment had done us all a disservice: Future EOI rounds will be expanded across other industries. 7. Vale Ervin Vidor AM
The property development industry lost a titan with the recent passing of co-founder of Toga, Ervin Vidor AM. Honorary Secretary and Treasurer of Urban Taskforce, David Tanevski said Ervin Vidor’s vision and pioneering spirt helped shape Australia’s property landscape: Mr Vidor was an amazing tale of success in post war Australia. Arriving from war- torn Hungary in 1949, Erven, his wife Charlotte, and Antonino Stillone established Toga, humbly starting off with an apartment block in Glebe. The rest, as they say, is history, with Toga Group going on to set new standards for residential and commercial development, with a lasting impact still seen in projects across Sydney, Australia, and overseas. Of all the stories told about Ervin Vidor, Urban Taskforce liked this one from the AFR back in 2009: Urban Taskforce pays tribute to the life and achievements of Ervin Vidor and extends the sympathies of Taskforce members to his wife Charlotte, Managing Director of Toga Group and son Allan, their families, and the broader Toga team. 8. NSW Opposition play its strongest suit when it focuses on the need to cut red tape and reduce costsThe NSW Opposition must keep pressure on the Minns Government to stop the slow creep of fees, taxes and charges and never-ending red tape strangling business and economic growth. These handbrakes on development and challenges to feasibility are getting worse, not better. This week Leader of the NSW Opposition, Mark Speakman, noted the latest Business NSW survey showing that small business in particular was struggling to cope:
And the development industry is the most affected by these challenges. Fees, taxes, and charges, along with red tape, the CFMEU and ever-rising labour and material costs are impacting the ability of the private sector to come to the rescue in terms of housing supply. Speakman needs to be louder on these subjects as they are, after all, at the very heart of Liberal Party philosophy. When the Minns Government starts asking why approvals aren’t leading to housing starts and completions, it need only look at the cumulative impact of fees, taxes and charges on the feasibility of development. Mark Speakman and Shadow Treasurer Damien Tudehope are at their strongest when they focus on these points. The changes this week to the Planning Act are to be applauded – but there is more to be done. 9. Labor Randwick Mayor slams Opposition’s plans for Long Bay
Urban Taskforce strongly supports the NSW Opposition’s commitment made last week to turn Long Bay Correctional Centre into housing. We are concerned that the Randwick Mayor has dismissed the proposal out of hand, saying that it can’t be delivered within any reasonable time frame and that it lacks infrastructure. Debating points, but there is no logic in putting this proposal on the backburner. As we keep saying, the housing supply crisis needs plans “A to Z” – which is why Glebe Island, Parramatta Road, Long Bay, Woollahra Station, along with greenfield options in Sydney’s west and south-west, need to be pursued concurrently. There are short, medium and long term opportunities that need to be embraced, not rejected. While Urban Taskforce pointed out the need for a transport solution, we need to see housing as a catalyst for this type of infrastructure investment. Trying to put it in the “too hard“ basket is a cop out. There is a growing “we need housing, but …” brigade in Sydney’s north and east. It appears that it is not just an internal problem for the Liberal Party. Chris Minns and Mark Speakman both have challenges to overcome. 10. Council watch
North Sydney North Sydney Council will undertake a “comprehensive review” of the North Sydney Local Housing Strategy (2019) in 2025/26, based on its Housing Strategy Supplement. The supplement examines three “key strategic directions”
We have some (obviously rhetorical) questions:
To each, we think the answer will be "no" – particularly given North Sydney Council has fought tooth and nail against density and opposes more housing into the North Sydney CBD core. Case in point: North Sydney has ticked off 47 housing approvals in the first year of the Accord (it boosted that with a grand total of one (1) approval in July 2025!). It is one reason why the HDA has had to come to the rescue and open-up new pathways for high yield proposals in the North Sydney LGA. Because it wasn’t going to occur with North Sydney Council in charge. Local housing strategies are a distraction and a waste of resources. They are a legacy of the former Government where drafting strategies was more important than delivering housing supply. Council has now been set its targets so it should get on with the job. The focus of the North Sydney review will surely be on finding new ways of blocking housing supply – through tactics such as duplicative affordable housing levies and raising local infrastructure contributions. After all, local housing strategies in NIMBY Councils are there, in the view of those Councils, to thwart housing, not promote it. The strategic directions underpinning Council’s approach to housing are imbued with tactics to make housing unfeasible. 11. ABS data shows ongoing “brain drain” and it’s the “twenty-somethings” who are leaving The ABS released population data for the 12 months to 31 March 2025. The data showed that 26,560 NSW residents left for other states over that period. That’s 510 people a week.
Australian Bureau of Statistics (March 2025), National, state and territory population While some will be retirees, a significant proportion are younger people giving up on Sydney and looking for a cheaper place to live and work. It’s a timely reminder of the need to change the approach to housing supply, lest, as the Productivity Commission and the Premier are wont to say, “Sydney becomes a city with no grandchildren”. 12. Build Canada Homes launched by PM
Canada has a housing supply crisis comparable to that being experienced in Australia. The Canadian Prime Minister, Mark Carney, this week launched “Build Canada Homes” (a slogan that also acts as a directive - nice!). Canada’s new government will capitalize Build Canada Homes with an initial $13 billion (Canadian dollars), enabling financing, providing land, and helping builders get big projects off the ground. Build Canada Homes will offer flexible, financial incentives, approve large portfolio projects, and leverage public lands for housing so projects are derisked and private builders can focus on building. There also a focus of modern methods of construction, with focus on using cost-efficient and modern methods of construction such as factory-built, modular, and mass timber. Through bulk procurement and long-term financing, Build Canada Homes will mainstream these advanced methods of construction – with the potential to cut building timelines by up to 50%, reduce costs by as much as 20%, and lower emissions by approximately 20% during construction. In terms of red tape and tax, the Canadian Liberals during the recently Canadian election (where they were surprisingly returned under new Prime Minister Mark Carney with the assistance of the new USA President) also committed to halving municipal development charges for multi-unit residential housing – allocating $1.5 billion to compensate the municipalities. More details on this are expected shortly. Some municipalities like Calgary are pushing back. It’s dangerous to stand in the way of a council and a bucket of someone else’s money! What the commitment does demonstrate is that the Prime Minister (a former Governor of the Bank of England and no economic slouch) understands development economics and that you can’t tax your way out of a housing supply crisis. 13. Quote of the week - Density builds communityWith all the NIMBY rubbish about density destroying the 'character' of suburbs, the SMH published a contrarian view which interviewed people actually living in new developments and their experiences. Very positive it was too (as Yoda would say). The telling point of the article was the higher density helps fosters a sense of community where more people interact and feel a sense of belonging – not just in their immediate apartment complex but also the surrounding precincts. The description of the positives of living in an apartment and the opportunity to open up once no-go areas for more and more people (read lower North Shore, Woollahra etc) was a salutary rebuttal of the entitled NIMBY view of the world. In fact, the description of the positives of high density living by the Norwest Community Association president, Adam Flower, is our quote of the week. 14. Housing and shipping can live side by side at Glebe Island
Why not have both??? Former Urban Taskforce CEO and NSW Government Architect, Chris Johnson AM, wrote an article for the Daily Telegraph on the potential win-win at Glebe Island, pointing to analysis carried out by the Taskforce back in 2012 exploring housing while retaining port facilities. 15. Federal Government models climate change risk
A report released by the Albanese Government this week models the effects of 1.5, 2 and 3-degree scenarios of global warming on areas including primary industries, regional communities, health and the broader economy. Under current policy settings, all are very high or severe by 2050. The potential impacts in the Australian Climate Service’s first National Climate Risk Assessment report are significant - with the model warning that climate change impacts could push down property values by more than $600 billion by 2050, with more than 1.5 million people likely to be living in areas that will experience sea level rise and coastal flooding by the same date. The Albanese Government followed the release of this report with a commitment to cut Australian carbon emissions by 62 to 70%. Emissions have fallen by about 27 per cent since the baseline year of 2005. 16. Two-year Roadmap for NSW Planning Portal reforms
At a recent meeting, the NSW Planning Portal Industry Reference Group was informed about progress to improve customer experience and to respond to questions about the Portal. Representatives of the Department of Planning, Housing, and Infrastructure advised that changes are being made continually to the Portal, and there is now a 2-year roadmap to introduce new tools and make processes more accessible. A major upgrade occurred in July, and external testing was carried out to ensure that the system worked as planned. This was backed with a communications program to ensure that user groups were informed of the upcoming upgrades. Key initiatives over coming months include:
However, it will not be a takeover by the bots – AI and other digital tools are intended to help with decision-making, and no decisions will be made without human oversight. The next update is due on 26 September, which will affect:
17. Spotlight on excellence – Best Commercial Development
Walker Corporation’s Festival Tower in Adelaide took out this year’s Urban Taskforce Development Excellence Award for best Commercial Development. A joint venture with the South Australian Government, Festival Tower sets a new standard for workplace and civic design, anchoring the Adelaide’s Festival Plaza revitalisation with 45,000sqm of A-Grade office space. Fully leased ahead of completion to major tenants including Deloitte and Flinders University, the tower offers premium commercial amenity connected to the city’s best cafés, restaurants, shops, entertainment and transport.
The Walker Team at the Development Excellence Awards: Melinda Wong, Sharon Atkins, Nick Marshall-McCormack, Sylvia Hrovatin, Allison Anthony, Amy Patterson, Shenei Croll, Nathan Thompson. 18. Members in the news*Please note these articles may be paywall protected
Northern District Times, 17 September
The Australian, 17 September
The Urban Developer, 17 September
The Urban Developer, 17 September Phone (02) 9238 3955 DISCLAIMER: All representations and information contained in this document are made in good faith. The information may contain material from other sources including media releases, official correspondence and publications. Urban Taskforce Australia Ltd accepts no responsibility for the accuracy of any information contained in this document. |