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The Housing Industry Association (HIA) argues that outdated minimum lot-size rules embedded in planning schemes are preventing new homes from being delivered in established suburbs, making it nearly impossible to meet the National Housing Accord target of 1.2 million new homes.
“Governments are setting housing targets with one hand and shutting down supply with the other”, HIA Executive Director Planning & Development, Sam Heckel.
“You cannot meet housing targets while leaving 1950s planning rules untouched”.
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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.