Government needs to play the long game to boost housing supply
With the release of a major new report into policy settings that affect housing supply and development profitability, leading industry figures have condemned current planning practices and called for major reform.
Industry figures have called for greater collaboration between industry, government and the public. (Image source: Shutterstock.com)
Falling dwelling prices and rising construction costs are wreaking havoc on the ability of Australian developers to deliver housing supply, and a sector-wide hunt for solutions is underway.
The development industry’s complexity is matched only by the role of government policy in the development process, which tries with mixed success to manage risk and return.
No two projects are the same and a one-size fits all policy setting has not met chang…
