The bold plan to slash Sydney commutes and boost incomes by $18b

Sydney’s economy will get an almost $20 billion boost if government invested in affordable housing in the inner city, slashing commute times and increasing job opportunities for the city’s workers, researchers say.

"I get up at about 5am and I probably leave home around quarter to 6am. There's no train station where I live in Camden, so I have to drive to the station at Campbelltown and the commuter car park is full there by about 7am," he said. Under the scenario modelled by the researchers, workers on average would enjoy an estimated travel time saving of $2554 per year. That’s the average value of each worker’s time spent not commuting under the better planning scenario, representing $2.3 billion of time a year. This time could be enjoyed as leisure, or earning more income.

“Supporting affordable housing in the right places for Sydney households below median incomes has a large, lasting and plausible growth and productivity impact at least on par with transport infrastructure and far outweighing the cost to government.”

Jess_Irvine WendyHayhurst UNSWCityFutures UNSWBuiltEnv This affordable housing in the inner city will be high-rises. Where is the power supply? Back-up generators? Generating capacity? Substations?

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