While most sectors of the Australian economy are being hit hard by COVID-19, Australia’s protected property development industry are grinning with both the Victorian and New South Wales governments relaxing planning rules and ‘red tape’ to spur development.
Here’s The SMH:
Just when you thought our cities had been thoroughly trashed by a decade-long onslaught of towers and motorways, it’s set to get worse. Just when you thought NSW’s new building commissioner would surely respond to tower buildings that crack and burn without warning by re-regulating construction, the government tips the board the other way. For government, cheered on – one might even say led – by the development lobby, has removed virtually all planning constraint during the crisis…