The Palaszczuk Government is establishing a South East Queensland Housing Supply Expert Panel with the population in the region expected to exceed 5.3 million over the next 25 years.
Premier Annastacia Palaszczuk told guests at the Property Council of Australia luncheon, in Brisbane the Panel would ensure that housing needs will keep pace with estimated growth, as part of a $5 million investment in land supply monitoring
“This population growth will require 794,000 extra dwellings over that time,” she said.
“We will reinstate this essential monitoring program after it was cut by the previous Government, and establish a new independent expert panel to ensure our land supply projections are robust and rigorous.”
“The South East Queensland land data will ensure industry and all levels of government are accurately informed of land supply, housing demand and development information and can respond accordingly.”
The announcement follows the Property Council’s submission on the South East Queensland Regional Plan, which made the case for an independent agency to be re-established to monitor land supply and development to match surging population growth.
Members of the panel will be appointed for their expertise, in property, planning, demography and economics.
“My Government needs this land monitoring panel’s specialised research and reporting role to assist in better directing government funding towards the areas and people in greatest need,” the Premier said.
“We will use the information to ensure it is delivering adequate housing options.”
“We will work with local government and industry to establish a strong land supply monitoring program so we can all have the best available information to make future planning decisions.”
Housing Construction Jobs Program
The Premier also provided an update on the Government’s $1.8 billion Housing Construction Jobs Program, announced in the Budget, to deliver more social and affordable housing in partnership with the private sector.
Almost 400 developers, builders, housing providers and trades people have attended engagement sessions across the state to learn what projects will be on offer and how they can be part of the program.
“The Housing Construction Jobs Program is about partnering with the private sector and community housing providers to create genuine affordable housing, something that hasn’t been done at scale in this country for decades,” the Premiersaid.
The EOI process will close on Monday, 31 July 2017.
Media contact: Susan McGrady 0488 996 667