Budget to Back Development-Ready Industrial Land

Property Council NSW Executive Director Anita Hugo made the call ahead of the Property Council's NSW Industrial and Logistics Outlook taking place in Sydney today.

"This Budget can shift the focus to delivery of a credible pipeline of serviced, development-ready land," Ms Hugo said.

"Serviced industrial land is essential to keep supply chains running, support housing delivery and maintain NSW's competitiveness.

The Budget should back the Government's Industrial Lands Action Plan to deliver real serviceable supply, protect freight precincts, and provide transparent reporting," she said.

The Property Council's 2026-27 Pre-Budget Submission calls for NSW to fund an updated Employment Lands Development Monitor (ELDM) to inform infrastructure investment and safeguard economic productivity, alongside refreshed housing data and population projections and expand the remit of the Investment Delivery Authority to include high-value industrial and logistics projects.

Building on its submission to the draft Statewide Policy for Industrial Lands, the Property Council says the Budget should also fund and enable a stronger delivery framework, including:

  • Automatic state-significance triggers near ports, intermodals, and key areas around nationally and state significant infrastructure.
  • Integrated infrastructure planning and funding at the outset of rezonings to support timely delivery of genuinely development‑ready land.
  • Annual public reporting on ELDM metrics, Employment Lands Development Program (ELDP) delivery, rezoning progress, and years of development-ready supply by region.
  • A model development control plan (DCP) to enable multi-level industrial development with clear design requirements and to review caps and curfews on development where appropriate safeguards are in place.

Ms Hugo said the Property Council also supports more multi-level industrial development where land is scarce, along with the review of caps and curfews where appropriate.

"These are the sorts of measures that make the policy real. Industry can plan and invest when the rules are clear, and the servicing pathway is credible."

The Property Council's NSW Industrial and Logistics Outlook brings together industry leaders, government, and investors to examine the forces reshaping the state's industrial and logistics sector, from freight and supply chains to capital settings, land supply and enabling infrastructure.

Speakers include Paul Bloxham, Chief Economist at HSBC Bank Australia Limited; Andrew Quade, General Manager Industrial at Mirvac Group; Brodie Collins, Group Chief Strategy Officer at Mondiale VGL; Charlotte Brabant, Head of Investments Australia at Realterm; and Tomas Fekete, Vice President Investments at Brookfield.

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