
|
Tony
De Domenico, Executive Director UDIA (VIC) | |
Coastal
communities will benefit from the new planning guidelines announced by the Victorian
Government which provides for a sensible approach to the risks of rising sea levels,
the Urban Development Institute of Australia (Victoria) said today.
Executive
Director of the UDIA (VIC), Tony De Domenico said, "the revised standards in relation
to floor height levels being staged over a period of time to allow the community
to adjust to planning changes is both a commonsense and humane way in dealing
with the issue."
"The
previous scheme, designed on the worst case scenario and introduced immediately
by the former State Government, did not allow for the immediate social and economic
impact on coastal towns."
"The
revising of Victoria's coastal planning scheme, which in the past had created
uncertainty for individuals trapped and unable to develop their land, now allows
for the orderly expansion of coastal townships to create long term sustainable
communities and is a major win for the community."
Mr
De Domenico said the certainty in the planning process would create more confidence
in the development industry to consider investing in appropriate styles of development
for coastal areas, ultimately leading to the creation of jobs and services.
"This
announcement comes at a time when there is an urgent need to streamline the development
process, provide councils and the industry with certainty to process applications
in a timely manner to re-ignite the building industry in Victoria to create jobs
in regional and coastal areas."
"Home
ownership in Australia is one of the cornerstones of economic and social stability
as well as a major employment driver and with low interest rates the timing to
renew development in coastal areas is well aligned with monetary policy."
"The
recent release of the projected Victoria in Future 2012 figures by the Victorian
Government showing an average growth rate of .3 per cent between 2011 and 2031
seeing Victoria's population grow from 5.6 million to 7.3 million will underpin
demand in the property industry long term."
"In
Victoria the industry directly employs around 310,000 full time employees, contributes
around 12 per cent of the state's gross domestic product and contributes $4.6
billion in taxes to all tiers of government," Mr De Domenico said.
Media
Enquiries:
Ron
Smith, Corporate Media Communications, UDIA (VIC) - Mobile: 0417 329 201