Commentary
Housing supply, planning, tax and feasibility — analysis written by Max and republished from LinkedIn.
-
A week and a half ago, Macedon Ranges Shire Council resolved to push forward with a proposed Protected Settlement Boundary (PSB) for Gisborne, a township intended to accomodate the majoriy of Macedon’s growth for the next 30 years.
-
A 30+ year underinvestment in public housing is turning into a national disaster. It has been universal across all government levles and all flavours of politics.
-
I also note that projects at this scale tend to cost more per dwelling to construct than a larger one (to a point, so can be harder to stack up) .
-
There we have it – 3,614 total housing approvals across Victoria for June 2024. An annualised rate of 43,368, before you include the 10-20% of approvals that never get built.
-
The announcement focuses on creating more certainty around cultural heritage matters and Melbourne Water – two potential blockers for development around Victoria.
-
This constant refrain from Victorian Government spokespeople comes whenever questioned about the challenges facing new housing development in the State.
-
My advice at the time: “We won’t reach 1 million new homes, let alone 1.2 million”.
-
Instead of seeing the benefit of purposed planning reforms and systemic fixes, both completions and commencements are well down from their peaks.
-
(The nature of our business means we do not have any direct involvement with the CFMEU. Our subcontractors tend to be represented by other unions which are less militant.
-
The above paraphrases several conversations I’ve had with people in government and is an insight into the defensive spin being spread in those circles.