Lot release ‘too slow in NSW’

Original article by Tim Binsted
The Australian Financial Review – Page: 18 : 26-Nov-14

Brickworks MD Lindsay Partridge believes that the limited supply of land for residential development is contributing to the rising cost of homes in New South Wales. He has urged the State Government to accelerate the release of new housing lots, arguing that it should be making 10 times more lots available than at present. Meanwhile, Brickworks achieved 14 per cent growth in revenue year-on-year in the first quarter of 2014-15

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