25 September | Reform & Precinct Tracker
Please see below September's edition of the PremierNational Property, Planning and Infrastructure ‘Reform & Precinct Tracker’. This is a monthly newsletter prepared by PremierNational to track the progress of major NSW Government policy and regulatory proposals from the initial announcement through to implementation.
The NSW Budget was handed down on September 19, naming several key infrastructure and planning measures including:
A $3.1 billion housing and planning investment package
$116.5 billion in infrastructure spending in the next four years
$7.9 billion over four years to link Sydney Metro to Western Sydney Airport
$2.2 billion allocated to the Housing and Infrastructure Plan
$1.5 billion towards housing-related infrastructure via the Housing and Productivity Contribution
$400 million directed to Restart NSW’s new Housing Infrastructure Fund
Details on a number of these measures are still emerging, and industry is looking forward to greater clarity on how a number of these new measures will operate. In the past month, industry has also learned that the Department of Planning and Environment will be split into two new departments from 1 January 2024. These will be the Department of Climate Change, Energy, the Environment and Water, and the Department for Planning, Housing and Infrastructure.
Included in this email, you will also find some high-level PremierNational insights into the Treasurer, Daniel Mookhey.
Please contact our Director Ilana Waldman if you have any questions with respect to any of these items.
QUICK REFORM PROGRESS OVERVIEW
REFORM + PRECINCT TRACKER
Daniel Mookhey was elected to parliament in 2015, filling a vacancy caused by Steve Whan’s resignation. Born and raised in the Blacktown and Merrylands areas, Mookhey’s first involvement in politics came in response to policy enacted by the incoming Howard government in 1996, and he joined the Labor Party on his first day of university. He went on to serve as General Secretary of the National Union of Students in 2004.
Mookhey’s professional experience has involved senior work in unions (most notably as chief-of-staff to then National Secretary of the Transport Workers Union Tony Sheldon) as well as work in management consulting, small business ownership and other political campaigning. In parliamentary opposition, Mookhey held several high-profile party and parliamentary positions, including Shadow Cabinet Secretary, Shadow Minister for the Gig Economy, Shadow Minister for Finance and Small Business, and Shadow Treasurer, and he is particularly focused on issues of wage reform, workers’ rights, and transitioning to clean energy.
Mookhey is regarded by his colleagues as highly intelligent, methodical, a powerful campaigner and a consensus builder. He is a member of Labor’s Right faction.