Labor Government Drives New Housing, Thriving Market

Victoria has again recorded the highest number of new housing approvals in the country, with another 5737 dwellings approved in March, according to the Australian Bureau of Statistics.

Victoria was the strongest performer for new housing in the first quarter of 2016 and the Andrews Labor Government is confident this trend will continue, thanks to investment in planning and infrastructure in the Victorian Budget 2016/17.

The Labor Government is accommodating population growth through good planning policy to target  liveability, while investing in education, health and infrastructure.

A $25.5 million budget boost to Victoria’s planning provisions will overhauled the state’s complex planning system, leading to faster and efficient approvals.

While the Opposition has called for a debate on population growth, the Labor Government recognises that Melbourne is already growing faster than any other city and needs proper plans in place.

Recent ABS figures also show Melbourne is the nation’s fastest growing capital city, growing by another 1760 people each week on average, compared to 1600 per week in Sydney.

Detailed planning work is underway for 640 hectares of land within five kilometres of Melbourne’s CBD and for five separate neighbourhoods in Fishermans Bend, so more people to live closer to inner city jobs and services.

The Metropolitan Planning Authority is preparing precinct structure plans to bring more land to market in greenfield areas.

The Labor Government is making sure housing is affordable to all Victorians – nurses, teachers, cleaners and hospitality workers – by providing a steady supply of housing to the market.

Quotes attributable to Minister for Planning Richard Wynne

“We’re making sure there is plenty of new housing coming to market and different types of housing to suit the needs of Victorian families.”

“The previous government wanted to shunt new residents into boxy CBD apartments and clamp down on new housing in the eastern suburbs, but we’re taking a long-term approach to smart growth.”

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