Housing supply in Australia will be a key battleground in the election campaign. With home ownership more and more out of reach for young and not so young Australians, red tape and low productivity are strangling the builder industry just when it needs to be stepping up.
The productivity Commission, the government’s independent think tank, has a new report report pointing to ways governments need to address the issues. In this podcast we talk to commission chair Danielle Wood about the housing challenge, as well as Australia’s parlous productivity performance generally and her drive to get some fresh ideas on how to improve it.
On one of the report’s main recommendation, cutting red tape for construction approvals, Wood says,
