‘Upzoning’ Melbourne needed to fix housing crisis, big business says

  • 📰 theage
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 77%

Business News News

Business Business Latest News,Business Business Headlines

Victoria should introduce consistent zoning laws across the state to boost housing stock and stabilise property prices, the Business Council of Australia says.

The nation’s big business lobby group will on Thursday release a housing report that will also recommend extensive rezoning across Melbourne and major regional towns to encourage more medium- and high-density housing to be built near infrastructure and services.

“We’re not going to slow down and over the coming weeks, we’re going to outline new key policy changes to build even more homes.” But Dr Stephen Glackin, a senior research fellow at Swinburne University’s Centre for Urban Transitions, warned against simple zoning changes to drive up density, saying suburbs also need mixed-use functions to be more liveable.“The 10 activity centres already have a high a level of amenity as they are set up well for high density living,” Glackin said.

“If there is going to be re-zoning more broadly it will need to include mixed use, so there are shops and services available within walking distance.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Melbourne man is a millionaire after starting cleaning side hustle business on Airtasker7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Source: 7NewsSydney - 🏆 16. / 63 Read more »