Property Sector Urges Planning Reform Certainty by Year-End

"As our industry looks ahead to 2026, we need meaningful planning reform locked in before the new year," Ms Evans said.

"We have consistently called for streamlined processes, alignment of third-party appeal rights, greater efficiency and reduced red tape - all of which are delivered through this bill.

"After an exceptionally challenging year for the sector, passing this legislation will allow us to begin 2026 with renewed focus and momentum to deliver more homes for Victorians."

Ms Evans said the industry also continues to seek broader economic reform, with new Property Council research confirming Victoria is now the least attractive state for global investment.

"Our current tax settings are holding Victoria back," she said.

"Victoria has missed out on half of its potential international investment over the past three years due to punitive global investor surcharges.

"While these planning reforms will be beneficial, the potential of the sector will be truly unlocked with a combination of positive planning and tax reform that not only speeds up approvals, but attracts increased investment.

"Passing the planning bill in its current form would send the first clear signal that will help to restore confidence and support the sector that delivers homes, jobs and communities for Victoria."

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