NSw Premier Chris Minns talks about the government's plans for pre-approved apartment building designs
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00:00 Supply, or in this case a lack of supply, was the leading reason for the housing affordability
00:07 disaster in New South Wales and there's something needed to be done about it.
00:12 Supply is fundamentally being hampered by excessive delays in processing development
00:17 applications.
00:19 Currently local councils on average take 111 days to process a development application.
00:25 So that means that despite having the largest population, the largest expected increase
00:30 in population, the highest rents, the highest median house prices, we are last on the east
00:36 coast when it comes to housing completions.
00:39 Our departments, our councils, some state MPs are saying no too often when it comes
00:48 to new housing options for Sydney.
00:51 But every time they say no it means that another house will not be built for a young family,
00:56 a single person or a renter in our city.
01:00 That culture has to change.