Proposed planning rules an investment threat

By webmaster 09 March 2012 | 1 minute read

Proposed changes to planning rules are a threat to hundreds of thousands of landowners, according to the Urban Taskforce Australia.

Developments in Sydney, PerthPerth, TAS Perth, WA, Brisbane, Melbourne and Canberra may be jeopardized by new rules under the Draft National Airports Safeguarding Framework that looks to alter planning regulations around all the airports in Australia, Urban Taskforce Australia chief executive Chris Johnson said.

“In particular, the report by MacroPlanDimasi reveals that 134,300 new dwellings with a total value of $33.5 billion could be threatened if the proposed system takes effect,” Mr Johnson said.

"There seems to be no regulatory impact statement as required by COAG, no assessment of the billions of dollars of property investment that could be effected, no explanation of the logic behind the proposed controls and a questionable bias against greenfield housing over brownfield developments.”

The new rule proposals are in response to noise complaints and, if implemented, could affect up to 1,000sqkm of land and result in planning chaos, Mr Johnson said.

The plan aims to ensure that land is zoned to avoid inappropriate noise-sensitive developments near airports.

"On behalf of the dozens of councils and many hundreds of thousands of landowners around airports the Urban Taskforce believes the Draft National Airports Safeguarding Framework should be scrapped immediately and that all governments should retain the current ANEF system,” he said.

The Draft National Airports Safeguarding Framework is currently available for public consultation until March 15.



Proposed planning rules an investment threat
default
spi logo

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.