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The Property Council of Australia welcomes the review of masterplans and considers it timely that the review coincide with the PlanFirst review particularly as it relates to the content of local plans as Councils are increasingly requiring compliance with masterplans in local environmental plans.
It is noted that the reliance on masterplans is not confined to sites to which local environmental plans apply. State planning policies including Sydney Regional Environmental Plan 26-City West and SREP 56-State Environmental Planning Policy No 56- Sydney Harbour Foreshores and Tributaries also contain provisions which relate to masterplans.
The property industry acknowledges that masterplans provide a convenient mechanism for consent authorities to use to ensure certainty in relation to development on land. However, a number of major issues have emerged in relation to the use of masterplans from an operational and legislative basis which need to be addressed as a matter of priority. These issues are summarised below.
