Developer Levy clamp anger

Concern over the State Government budget decision to cap developer levies is causing Sydney councils to pull approvals on new subdivisions, and ban new development applications! This will create havoc with the state's metropolitan strategy which expects councils to house another million residents.
Western Sydney Region of Councils says the decision to cap developer levies at $20K would bankrupt many councils unless either rates rise 300%, or development is halted. Not a difficult decision for existing residents to take! After all, it seems only Kevin Rudd and the developers want his proposed "Big Australia". The recent revolts all around Sydney about housing strategies involving high rise high density units demonstrates the strategy is not wanted by the general public, and huge increases in rates will make it even more unpopular.