OK, disclaimer first - I have just spent 12 months away from the industry but have I missed something?
I feel like there was a genuine opportunity to achieve serious planning, development, economic, social and infrastructure reform.
Instead, we have:
- new policies encouraging more apartment developments that don’t even come close to stacking up financially (see Maxwell Shifman’s excellent commentary in The Age today);
- even more infrastructure contributions for developers to pay (because there is apparently still some gold left in the goose); and
- a supposed improvement to land supply which does nothing to address Victoria’s critical need to streamline the planning system, provide more housing, reduce homelessness and inequality, improve affordability, stimulate economic growth and perhaps start to pay down our state debt and interest bill.
Or have I really missed something? More than happy to be corrected but I was certainly hoping for something more…