Australia could fall short of 1.2m new build target
Reforms are required if the government wants to reach its housing target of 1.2 million new homes over the next five years, according to a senior economist.
Source: smartpropertyinvestment.com.au
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Australian housing approvals sink to lowest level in 12 years amid rising costs and planning delays
NAB survey finds construction costs and interest rates primary concern among borrowers, while developers cite lengthy approvals process
Source: theguardian.com
Residential housing: New home building slumps to decade low
There is unlikely to be any short-term change that will flip the switch and make large-scale housing developments viable.
Source: afr.com
The housing crisis in dangerous terrain – moral hazard is just the start
Failing to address the housing crisis meaningfully will not only harm those missing out but also risks creating dangerous rifts in our democracy.
Source: thefifthestate.com.au
2024 to hit 10-year low for new house starts
The numbers for new home approvals show no sign of bouncing back under the weight of another cash rate increase.
Source: smartpropertyinvestment.com.au