The Property Council of Australia, meanwhile,\u00a0said the drop in apartment approvals underscored the need to overhaul planning systems if governments are to meet housing targets.<\/p>\n
Property Council group executive, policy and advocacy, Matthew Kandelaars (pictured top centre), said the reversal in apartment activity was a concern after September\u2019s improvement.\u00a0\u201cApartment approvals are volatile, but seeing a fall after some positive figures in September is frustrating,\u201d he said.<\/p>\n
\u201cWe know we can lift our run rate. In October 2015, we approved 9,212 apartments – that should be the benchmark we set for ourselves. While ambitious, this is an achievable target, and it should be our goal heading into the new year.\u201d<\/p>\n
Kandelaars stressed that higher-density approvals would be central to meeting the national housing target. \u201cWithout approving large-scale apartment projects in higher numbers, our housing targets just get that much harder to reach,\u201d he said.<\/p>\n
\u201cAddressing the housing crisis means building more homes and the best way to do that is at scale \u2013 apartments to purchase or to rent, retirement villages, land lease communities and purpose-built student accommodation.<\/p>\n","protected":false},"excerpt":{"rendered":"The Property Council of Australia, meanwhile,\u00a0said the drop in apartment approvals underscored the need to overhaul planning systems…\n","protected":false},"author":2,"featured_media":164980,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,107921,219,3339,111,139,69],"class_list":["post-164979","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-dwelling-approvals","tag-economy","tag-housing","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/164979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=164979"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/164979\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/164980"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=164979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=164979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=164979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}