The Coalition’s latest housing announcement is that it will undermine regulations, including environment regulations to ‘turbo charge’ housing approvals on greenfield sites.
What. Could. Go. Wrong.
The official announcement is:
A Coalition Government will immediately take action to finalise existing residential development environmental approval applications. We will set a target of clearing Labor’s backlog within 12 months and any project already stuck in the approvals process for more than a year will be finalised within six months.
We will establish Investment Australia to drive productivity reform across the economy, with a key focus on building and construction by:
· expediting hundreds of project approvals;
· setting firm timelines for each outstanding residential development project in collaboration with the relevant department; and
· simplifying environmental assessment processes, including clarifying the rules for environmental offsets.
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