SA Developers Outline Election Demands with Focus on Investment Transparency
The chief executive of South Australia's leading urban development body has issued a frank assessment of Premier Peter Malinauskas' initial term in office, highlighting a critical need for enhanced clarity and openness in industry investment. Liam Golding, who heads the Urban Development Institute of Australia's South Australian branch, has presented a detailed verdict on the government's performance over the past few years, emphasising that significant progress is still required to capitalise on what he describes as an unprecedented period in the state's history.
Call for Greater Openness in Development Funding
In an exclusive commentary, Golding stressed that achieving full transparency regarding industry investment should be a top priority for policymakers moving forward. He pointed out that developers and stakeholders across South Australia are increasingly seeking clearer insights into how funds are allocated and managed within the urban development sector. This demand forms a central part of the election wish list compiled by industry representatives, who believe that such openness would foster better decision-making and more effective project outcomes.
Evaluating the Malinauskas Government's First Term
Golding acknowledged some positive steps taken by the Malinauskas administration but argued that more substantial work is necessary to deliver on the potential of this unique historical moment. He noted that while the government has initiated various development projects and policies, there remains a gap in providing comprehensive data and information about investment flows. This lack of transparency, according to Golding, could hinder the state's ability to attract further investment and ensure sustainable growth in the urban development landscape.
Industry Priorities for the Upcoming Election
The CEO outlined several key areas where improvement is needed, including:
- Enhanced reporting mechanisms for public and private investment in development projects
- Clearer guidelines on funding distribution and utilisation
- Regular updates and consultations with industry stakeholders to maintain accountability
Golding emphasised that these measures would not only benefit developers but also contribute to broader economic stability and community wellbeing in South Australia. He called on all political parties to address these issues in their election platforms, ensuring that the next government is better equipped to support the urban development sector's growth and innovation.
