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Patrick Fensham sitting at a desk

Why we need a betterment levy in NSW: better late than never

Media

The NSW Productivity Commission in November released its final report on the Review of Infrastructure Contributions in NSW (PC Review). It controversially ruled out capturing a share of windfall gains made from rezonings or the granting of additional development, even though this is widely used in voluntary planning agreements (VPAs) and state infrastructure contributions (SIC). Planning controls ration access to development rights for the benefit and amenity of the community, and enable those...
SGS Economics and Planning Ellen W

Living on Australian coastline will get too risky and houses will be impossible to insure

Media

Ellen Witte, economist and partner at SGS Economics and Planning, says that the new research by Perth’s Edith Cowan University into using the coastal vegetation in Australia to combat climate change, is worthwhile but doesn't take coastal residential developments into account and that the sea levels will keep rising. According to Ellen living along the Australian coastlines will become too expensive to insure and too risky. Listen to the interview.
SGS Economics and Planning low carbon economy

Reduced carbon emissions would save Australian economy $550b: report

Media

The Australian economy would be $550 billion better off by 2030 through reducing carbon emissions to stem the impact of damaging climate change, a new report has found. Described as the first comparison of the costs of emission reduction relative to the potential damages from climate change under current policy settings, the report by SGS and the Melbourne Sustainable Societies Institute at the University of Melbourne finds Australia is on track for $535 billion in economic damage within a decade, if global emissions continue at their current rate.