UDIA NSW news
Still time to Register: Upcoming Hunter Event
It has been said that biodiversity reform is the single biggest issue facing the industry right now. Join your colleagues at this networking event to understand why that is, and stay on top of the impact on your business.
An industry view of the Central Sydney Planning Strategy
The City of Sydney have proposed a new plan for the central business district over the next 20 years. While it is difficult to establish exactly what the Central Sydney Planning Strategy aims to achieve (there are numerous visions, movers etc.) it would appear that it is a reversion back to the “commercial” plans and controls of yesteryear.
Value sharing is one of the most important issues facing the industry right now. Value sharing is now the new buzz word in the industry and Government.
Levies – Funding Local Infrastructure
On 25 July 2016 the Independent Pricing and Regulatory Tribunal (IPART) released an assessment of Blacktown City Council’s latest cost estimates for infrastructure and found that increasing land values in the North West Growth Centre are continuing to affect the cost of providing local infrastructure in new residential areas.
Foreign Buyers Tax
Just prior to the NSW Budget, NSW Treasurer Gladys Berejiklian announced the introduction of the foreign investors stamp duty and land tax. This is one of the first times in recent memory that a new tax has been released without prior consultation. The legislation captures companies that have a longstanding and bona fide interest in the industry.
Rezoning of land along heavy rail corridor supported by UDIA NSW
The Urban Development Institute of Australia (UDIA) NSW today welcomed the announcement by UrbanGrowth NSW that the planning proposal to rezone land along the former heavy rail corridor has been lodged with Newcastle City Council.
UDIA NSW Hunter Chapter Chair Geoffrey Rock said that rezoning is an important step toward improving business opportunities and creating a more active city centre in Newcastle.
State Environmental Planning Policies Review Program
The Department of Planning is continuing its work on reviewing the State Environmental Planning Policies (SEPPs) in an effort to deliver a more modern planning system.
Draft reforms to biodiversity legislation released by the NSW Government last month contain significant changes that would impact on the development approval process. The Hunter Chapter Committee is working closely with the UDIA NSW state office to analyse and propose improvements to the draft reforms.
NSW Budget 2016-17 - Hunter
The NSW State budget was handed down on Tuesday and includes a strong infrastructure investment of $73.3 billion over four years, although investment in the Hunter is relatively light
Newcastle Mine Subsidence Remediation Fund Now Accepting Applications
UDIA NSW Hunter Chapter Committee representatives met with Hunter Development Corporation and Department of Premier and Cabinet to discuss the operation of the Newcastle Mine Subsidence Remediation Fund and discuss options for improving the fund and ensuring its sustainability.