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The Grattan Institute was at it again this week, claiming that Australia could magically solve its housing shortage if governments only permitted three-storey buildings to be allowed on any residential block in any suburb.
“The key problem is that state and territory land-use planning systems say ‘no’ to new housing by default, and ‘yes’ only by exception”, lead author Brendan Coates claimed.
“Australia needs a housing policy revolution”.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.