Every now and then, policy is not as hard as you might think. Climate change? Reduce emissions, don’t approve new mines to be offset with dodgy carbon credits. Poverty? Give poor people more money rather than regurgitate the line that the best form of welfare is a job. And when it comes to housing … gee, I don’t know, how about … build more housing?
Tuesday’s building approval numbers showed there has been a large drop in new residential buildings being approved for construction – houses down 18% and other residential down 38%: