Commentary
Housing supply, planning, tax and feasibility — analysis written by Max and republished from LinkedIn.
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We were told in the May Federal budget that changes to the tax regime would encourage capital to flood into new supply.
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It was a feasibility problem. The Federal Budget made both worse.
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Today I attended the “Lismore at 60,000” industry briefing to hear about the strategic plan for the LGA. The resounding message: a positive attitude towards business, investment and population growth.
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That’s precisely what I told The Australian Financial Review after the new Victorian Premier’s pitch to business.
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Three-storey homes everywhere. Smaller lot sizes.
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A big thank you to everyone we spoke with across Australia, Japan, South Korea, and China.
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Whilst every state (bar the ACT) saw a drop in sentiment in the last quarter, mostly due to interest rate rises and high inflation, Victoria has dropped to record-low territory at just 67 (down from 84).
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Victoria that perfectly explains the predicament facing Victoria. Increasing the number of activity centres will do zero to increase supply.
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The report, launched at a member event on the 21st May was presented by Quantify Strategic Insights Head of Research & Strategy…
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The Victorian Government’s obsession with metropolitan density targets is absurd, and the same poor thinking is being exported to regional centres.