The economics of heritage laws and housing supply
A Centre for Independent Studies policy paper by economist Peter Tulip argues NSW heritage laws obstruct housing supply and affordability by creating barriers to development.
How do NSW heritage laws affect housing development and building costs?
Builders and developers face project delays and increased costs when working on or near heritage-listed properties, directly impacting job timelines and profitability.
Key takeaways
- NSW heritage legislation creates significant barriers to new housing development and supply.
- Heritage laws are identified as obstacles to housing affordability by policy researchers.
- State heritage regulations may increase project complexity and costs for builders.
- The CIS describes current heritage laws as deeply flawed in their current form.
Related
Come walk a day in the shoes of small business
The Housing Industry Association (HIA) is asking government ministers and policymakers to spend a day working alongside a small business. It wants this to happen before they bring in more taxes, reporting requirements, compliance obligations or cost increases.
Why it matters: Small building trade businesses, including builders and subcontractors, carry the load of new taxes, paperwork and compliance rules. HIA is pushing for policymakers to understand that burden before adding more.
Government provides breathing space for builders and tradies on ATO credit card ban
The Federal Government has agreed to delay the ATO's proposed ban on credit card payments for tax debts. The Housing Industry Association welcomed the move, which gives builders and tradies more time to prepare.
Why it matters: Builders and tradies who pay ATO bills by credit card keep that option for now. This gives them time to adjust cash flow and find other ways to pay tax obligations.
Sydney takeaway restaurant operators in court
The Fair Work Ombudsman has started legal action against the operators of a takeaway restaurant in southern Sydney. The alleged breaches affected migrant workers. The article gives no further detail.
Why it matters: This case involves hospitality, not a trade, so it has little direct impact. Tradies who employ migrant workers can treat it as a reminder that the Fair Work Ombudsman enforces workplace laws.