❓ Mr. McGowan questions the Minister for Planning about a significant decrease in housing lot approvals compared to the previous government, suggesting potential negative consequences for housing affordability. The Minister attributes the decline to the Global Financial Crisis and highlights existing conditional approvals.
AnsweredQoN 806Legislative Assembly
QuestionView source ↗
HOUSING LOTS — SUPPLY
I refer to the Western Australia Planning Commission annual report that shows that for the last financial year only 12 179 lots reached final approval, and that in the 2006-07 financial year—when the member for Armadale was minister—20 916 lots reached final approval. (1) Why is the minister allowing the supply of new house blocks to fall so markedly? (2) Considering the continued growth in population and new projects coming on stream, is the minister not setting Western Australia up for a supply restricted property price bubble and further steep rises in rents? Several members interjected. Mr M. McGOWAN : Just so that members know: there have been 12 179 approvals under the current government’s watch, compared with 20 916 under the watch of the member for Armadale. (3) Is it not a monumental failure that under the minister’s watch, the provision of final approvals for housing lots has suffered such a huge decline? Mr J.H.D. DAY
I refer to the Western Australia Planning Commission annual report that shows that for the last financial year only 12 179 lots reached final approval, and that in the 2006-07 financial year—when the member for Armadale was minister—20 916 lots reached final approval. (1) Why is the minister allowing the supply of new house blocks to fall so markedly? (2) Considering the continued growth in population and new projects coming on stream, is the minister not setting Western Australia up for a supply restricted property price bubble and further steep rises in rents? Several members interjected. Mr M. McGOWAN : Just so that members know: there have been 12 179 approvals under the current government’s watch, compared with 20 916 under the watch of the member for Armadale. (3) Is it not a monumental failure that under the minister’s watch, the provision of final approvals for housing lots has suffered such a huge decline? Mr J.H.D. DAY
AnswerView source ↗
(1)-(3) In relation to the last point, no, certainly not in relation to the action of this government. What the member for Rockingham seems to have not appreciated is that over the past 12 months or so, there has been something called the global financial crisis. That has actually had an impact on — Several members interjected. The SPEAKER : Order! Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
(1) Why is the minister allowing the supply of new house blocks to fall so markedly? (2) Considering the continued growth in population and new projects coming on stream, is the minister not setting Western Australia up for a supply restricted property price bubble and further steep rises in rents? Several members interjected. Mr M. McGOWAN : Just so that members know: there have been 12 179 approvals under the current government’s watch, compared with 20 916 under the watch of the member for Armadale. (3) Is it not a monumental failure that under the minister’s watch, the provision of final approvals for housing lots has suffered such a huge decline? Mr J.H.D. DAY replied: (1)-(3) In relation to the last point, no, certainly not in relation to the action of this government. What the member for Rockingham seems to have not appreciated is that over the past 12 months or so, there has been something called the global financial crisis. That has actually had an impact on — Several members interjected. The SPEAKER : Order! Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
(2) Considering the continued growth in population and new projects coming on stream, is the minister not setting Western Australia up for a supply restricted property price bubble and further steep rises in rents? Several members interjected. Mr M. McGOWAN : Just so that members know: there have been 12 179 approvals under the current government’s watch, compared with 20 916 under the watch of the member for Armadale. (3) Is it not a monumental failure that under the minister’s watch, the provision of final approvals for housing lots has suffered such a huge decline? Mr J.H.D. DAY replied: (1)-(3) In relation to the last point, no, certainly not in relation to the action of this government. What the member for Rockingham seems to have not appreciated is that over the past 12 months or so, there has been something called the global financial crisis. That has actually had an impact on — Several members interjected. The SPEAKER : Order! Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
Several members interjected. Mr M. McGOWAN : Just so that members know: there have been 12 179 approvals under the current government’s watch, compared with 20 916 under the watch of the member for Armadale. (3) Is it not a monumental failure that under the minister’s watch, the provision of final approvals for housing lots has suffered such a huge decline? Mr J.H.D. DAY replied: (1)-(3) In relation to the last point, no, certainly not in relation to the action of this government. What the member for Rockingham seems to have not appreciated is that over the past 12 months or so, there has been something called the global financial crisis. That has actually had an impact on — Several members interjected. The SPEAKER : Order! Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
Mr M. McGOWAN : Just so that members know: there have been 12 179 approvals under the current government’s watch, compared with 20 916 under the watch of the member for Armadale. (3) Is it not a monumental failure that under the minister’s watch, the provision of final approvals for housing lots has suffered such a huge decline? Mr J.H.D. DAY replied: (1)-(3) In relation to the last point, no, certainly not in relation to the action of this government. What the member for Rockingham seems to have not appreciated is that over the past 12 months or so, there has been something called the global financial crisis. That has actually had an impact on — Several members interjected. The SPEAKER : Order! Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
(3) Is it not a monumental failure that under the minister’s watch, the provision of final approvals for housing lots has suffered such a huge decline? Mr J.H.D. DAY replied: (1)-(3) In relation to the last point, no, certainly not in relation to the action of this government. What the member for Rockingham seems to have not appreciated is that over the past 12 months or so, there has been something called the global financial crisis. That has actually had an impact on — Several members interjected. The SPEAKER : Order! Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
Mr J.H.D. DAY replied: (1)-(3) In relation to the last point, no, certainly not in relation to the action of this government. What the member for Rockingham seems to have not appreciated is that over the past 12 months or so, there has been something called the global financial crisis. That has actually had an impact on — Several members interjected. The SPEAKER : Order! Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
(1)-(3) In relation to the last point, no, certainly not in relation to the action of this government. What the member for Rockingham seems to have not appreciated is that over the past 12 months or so, there has been something called the global financial crisis. That has actually had an impact on — Several members interjected. The SPEAKER : Order! Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
Several members interjected. The SPEAKER : Order! Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
The SPEAKER : Order! Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
(1) Why is the minister allowing the supply of new house blocks to fall so markedly? (2) Considering the continued growth in population and new projects coming on stream, is the minister not setting Western Australia up for a supply restricted property price bubble and further steep rises in rents? Several members interjected. Mr M. McGOWAN : Just so that members know: there have been 12 179 approvals under the current government’s watch, compared with 20 916 under the watch of the member for Armadale. (3) Is it not a monumental failure that under the minister’s watch, the provision of final approvals for housing lots has suffered such a huge decline? Mr J.H.D. DAY replied: (1)-(3) In relation to the last point, no, certainly not in relation to the action of this government. What the member for Rockingham seems to have not appreciated is that over the past 12 months or so, there has been something called the global financial crisis. That has actually had an impact on — Several members interjected. The SPEAKER : Order! Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
(2) Considering the continued growth in population and new projects coming on stream, is the minister not setting Western Australia up for a supply restricted property price bubble and further steep rises in rents? Several members interjected. Mr M. McGOWAN : Just so that members know: there have been 12 179 approvals under the current government’s watch, compared with 20 916 under the watch of the member for Armadale. (3) Is it not a monumental failure that under the minister’s watch, the provision of final approvals for housing lots has suffered such a huge decline? Mr J.H.D. DAY replied: (1)-(3) In relation to the last point, no, certainly not in relation to the action of this government. What the member for Rockingham seems to have not appreciated is that over the past 12 months or so, there has been something called the global financial crisis. That has actually had an impact on — Several members interjected. The SPEAKER : Order! Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
Several members interjected. Mr M. McGOWAN : Just so that members know: there have been 12 179 approvals under the current government’s watch, compared with 20 916 under the watch of the member for Armadale. (3) Is it not a monumental failure that under the minister’s watch, the provision of final approvals for housing lots has suffered such a huge decline? Mr J.H.D. DAY replied: (1)-(3) In relation to the last point, no, certainly not in relation to the action of this government. What the member for Rockingham seems to have not appreciated is that over the past 12 months or so, there has been something called the global financial crisis. That has actually had an impact on — Several members interjected. The SPEAKER : Order! Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
Mr M. McGOWAN : Just so that members know: there have been 12 179 approvals under the current government’s watch, compared with 20 916 under the watch of the member for Armadale. (3) Is it not a monumental failure that under the minister’s watch, the provision of final approvals for housing lots has suffered such a huge decline? Mr J.H.D. DAY replied: (1)-(3) In relation to the last point, no, certainly not in relation to the action of this government. What the member for Rockingham seems to have not appreciated is that over the past 12 months or so, there has been something called the global financial crisis. That has actually had an impact on — Several members interjected. The SPEAKER : Order! Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
(3) Is it not a monumental failure that under the minister’s watch, the provision of final approvals for housing lots has suffered such a huge decline? Mr J.H.D. DAY replied: (1)-(3) In relation to the last point, no, certainly not in relation to the action of this government. What the member for Rockingham seems to have not appreciated is that over the past 12 months or so, there has been something called the global financial crisis. That has actually had an impact on — Several members interjected. The SPEAKER : Order! Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
Mr J.H.D. DAY replied: (1)-(3) In relation to the last point, no, certainly not in relation to the action of this government. What the member for Rockingham seems to have not appreciated is that over the past 12 months or so, there has been something called the global financial crisis. That has actually had an impact on — Several members interjected. The SPEAKER : Order! Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
(1)-(3) In relation to the last point, no, certainly not in relation to the action of this government. What the member for Rockingham seems to have not appreciated is that over the past 12 months or so, there has been something called the global financial crisis. That has actually had an impact on — Several members interjected. The SPEAKER : Order! Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
Several members interjected. The SPEAKER : Order! Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
The SPEAKER : Order! Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
Mr J.H.D. DAY : That has actually, believe it or not, had an impact on economic activity and on land development activity, including in Western Australia. It is for that reason that the final approval given to the creation of residential lots in Western Australia has dropped off in the financial year to which the member referred. Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
Ms A.J.G. MacTiernan interjected. Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
Mr J.H.D. DAY : I think the member for Armadale is a little nervous about this issue, because — Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
Ms A.J.G. MacTiernan : I am not nervous. The figures speak for themselves. The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
The SPEAKER : Order, member for Armadale! Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
Mr J.H.D. DAY : Under my watch, the rate of approvals and the rate of decision making have increased substantially compared with the rates that existed when the member for Armadale was the minister. The rate of lot production, and therefore final approval, is very much determined by the demand for lots and by the activity of the land development industry. As a consequence, the production of land during the financial year 2008-09 did drop off. What is also important to appreciate is that about 70 000 lots across Western Australia have been given conditional subdivision approval. In other words, there is the potential for 70 000 additional lots—about three years’ supply or so—to be developed by developers if they actually get on and do it. So there is a strong responsibility on the land development industry to ensure that they do their bit to ensure that affordable housing is provided in this state. The banks also have an important role to play. One of the major issues over the past 12 months, as I am advised, has been the availability of finance for developers to enable them get on with land development. This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
This issue is important. However, as far as the role of the government is concerned, I believe that we are doing all that is possible at the moment. This issue is under very close scrutiny by me, the Premier and other ministers in the government, including the Minister for Housing, and anything more that we can be doing to speed up the amount of land development in this state over the next 12 months we certainly will be doing. But it is important to take into account the economic conditions that have led to the downturn in final approval. It is not a reflection on the activities of the government.
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