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ARTICLE · 22 JULY 2012

Victorian Planning zone reforms update

Hall & Wilcox
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With the potential to make significant changes, Victorian property owners should be fully aware of the proposed reforms.

AustraliaReal Estate and Construction
Natalie Bannister
Natalie Bannister

As we announced in our client bulletin on 11 July 2012, the Victorian Government has announced sweeping reforms to Victoria's planning zones which, if enacted, could have significant ramifications for all property owners. A draft form of these changes has since been released; detailing what has been labelled a "significant shake-up of Victoria's planning laws". With the potential to materially alter the evolution of our commercial, residential and rural areas, property owners should have full awareness of the proposed reforms.

Commercial Zones

Two new commercial zones are proposed to replace Business zones 1-5. The proposed Commercial zones 1 and 2 could have a momentous effect on competition by promoting existing small businesses as well as new entrants.

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