The shared equity scheme proposed by the NSW Opposition will not improve housing affordability, according to Aaron Gadiel, chief executive of the Urban Taskforce.
The planning reforms, introduced to Parliament today, needed to be judged on how far they go to tackle the shortage of new homes for purchase and rent according to the Urban Taskforce.
Property developers today welcomed news of a major new affordable housing initiative on a 3.6 hectare site in Glebe, saying that innovation would be crucial to the projects success.
The Urban Taskforce says North Sydney Council should be stripped of its planning powers for its central business district after a Court decision finding that the public had been misled.