16 September 2010The NSW Governments decision to formally exempt 96 different areas from its $20,000 development levy cap abandons struggling home buyers and renters, according to the Urban Taskforce. The Taskforces chief executive, Aaron Gadiel, said that the Planning Minister, Tony Kelly, had discarded the commonsense approach he took on the ABCs Stateline program on 18 June this year:
31 August 2010
The NSW Governments decision to lift the cap on local council development levies from $20,000 to $30,000 would cost Western Sydney home buyers $1.8 billion and NSW home buyers $5.4 billion, according to the Urban Taskforce. The Taskforce's chief executive, Aaron Gadiel, said that the high cost of levies would make housing more unaffordable for ordinary home purchasers.