It’s a matter of trust
Developers of land play an important role in providing infrastructure that supports population growth. Under the NSW planning system developers are usually required to make contributions of land, works or money towards local and State infrastructure upgrades, such as schools, hospitals, roads, sewage treatment plants, parks and community facilities.
Most developers accept they have an obligation to make these contributions but there are frequent arguments about the level of these contributions, their impact on housing affordability, and whether they and the communities they create receive value for money.
There is a widespread view that the system of funding and delivering growth infrastructure is broken and needs a serious re-think. These views stem from a fundamental lack of certainty and trust in the system, with the key issues being:
- Infrastructure delivery is uncertain
- Developer contributions are uncertain
- Minimal transparency and accountability
- A system that is multi-layered, fragmented, opaque, complex & unstable
What can be done?
Everyone wants a more lasting solution, but will confidence ever be restored? The Minister has stated that he’s of a mind to pursue reform only within the current legislative envelope. Fortunately there is much that can be done within the current regulatory framework to improve outcomes.
Fixing the contributions system will take time. Fortunately there is much that can be done within the term of the current government and within the current regulatory framework to improve outcomes and restore confidence and trust.
A Better Growth Infrastructure Deal is a campaign to make lasting improvements to the way in which growth infrastructure is funded and delivered in NSW.
A Better Growth Infrastructure Deal discusses the current issues and problems with the infrastructure funding and delivery system, and argues the case for change.
It’s central idea is that effective reform relies on implementing a package of interconnected strategies over time. Success is more likely to be achieved by implementing short term ‘quick wins’ over the next year, and then implementing further actions during the remainder of the government’s term.
Four essential objectives
Our strong view is that confidence and trust in the system can be restored by a package of short and long term actions that together address the following four essential objectives: