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AAP
AAP
Business
Jacob Shteyman

Australia must ease zoning to fix housing crisis: OECD

OECD United States Australia Donald Trump Jim Chalmers Economic Growth Lukas Coch Economy
Australia has been urged to step up home building, in a global body's forecast of economic growth. (Bianca De Marchi/AAP PHOTOS)

An influential global economic body has weighed in on Australia's housing debate, urging governments to relax zoning restrictions to ease home prices.

The Organisation for Economic Cooperation and Development warned Australia to boost housing supply and address falling affordability as it revealed a downgrade to its economic growth forecast for 2025.

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