High-value development proposals will have access to a fast-tracked approval process after Parliament this afternoon rubber-stamped a sweeping overhaul of WA’s planning system.

Under the red-tape busting reforms, for the next 18 months, any metropolitan development application valued at $20 million or more will be eligible for a streamlined decision-making process overseen by the WA Planning Commission rather than the relevant local government.

In regional WA, the minimum threshold is just $5 million.

The changes, unveiled by Planning Minister Rita Saffioti last month, are intended to remove barriers to major job-creating projects and stimulate investment in the wake of the coronavirus crisis.

To read the full story, including comments from UDIA WA CEO Tanya Steinbeck, click here.