Page 3334 - Week 10 - Wednesday, 19 October 2022

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(ii) balancing a sustainable supply of land with forecast demand to maintain an inventory of land in the planning, development and building pipeline;

(iii) contributing to building a compact and efficient city and supporting sustainable growth by working towards 70 percent of new housing within the existing urban footprint;

(iv) supporting the development of a sustainable and resilient city in the landscape by promoting the efficient use of land and being responsive to change;

(v) supporting a sustainable and competitive land development and construction industry to create jobs for Canberrans and attract investment into Canberra; and

(vi) achieving satisfactory returns to the Territory Budget;

(g) the ILRP includes information about land zoning and uses under the Territory Plan;

(h) the ILRP also accounts for the broader benefits of urban infill including affordability, access to infrastructure and services and environmental benefits;

(i) careful and considered land release for greenfields development is important to ensure proper protections for our critically endangered habitats such as grasslands, and critically endangered species such as golden sun moth;

(j) recent ballots for single blocks for detached housing have attracted thousands of applicants;

(k) Canberra has the highest median rents in Australia before adjusting for income; and

(l) the demand for land in the ACT is met through the combination of ACT Government, Commonwealth Government and private sector land release; and

(2) calls on the ACT Government to:

(a) publish ACT Land and Property Reports no later than six months after the reporting period;

(b) respond to the Standing Committee on Public Accounts report by the end of the statutory timeframe;

(c) maintain its commitment to publishing a land release program for public scrutiny; and

(d) ensure all publicly available information is accessible online for public scrutiny.”.

MS VASSAROTTI (Kurrajong—Minister for the Environment, Minister for Heritage, Minister for Homelessness and Housing Services and Minister for Sustainable Building and Construction) (3.45): I thank Ms Lee and Mr Parton for bringing this motion to the Assembly. As evidenced in a number of motions brought to this place and the recent report of the Standing Committee on Public Accounts, the issue of land release and how it impacts on housing affordability is one of great interest to all members of this Legislative Assembly. It is true that the ACT is in a

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