Australia's apartment shortage is becoming a construction problem
Approvals have recovered. Completions have not. The gap between the two has become the defining feature of the national housing shortfall.
Dwelling approvals, construction pipelines, completions, planning reform, rezoning and the gap between population growth and housing delivery.
Approvals have recovered. Completions have not. The gap between the two has become the defining feature of the national housing shortfall.
Submissions published this week describe assessment timeframes that have doubled since 2018, with referral authorities identified as the largest single source of delay.
The two-speed office market has widened again, with owners of secondary stock facing repositioning costs that increasingly exceed residual value.
The sector has moved from pilot to fixture, and is now large enough to influence advertised rents in the inner city.
Transport investment is moving to the growth corridors where population is already arriving, reversing a decade of inner-city concentration.
The study finds that identical apartment layouts cost between 4 and 13 per cent more to deliver depending on the state in which they are built.
Construction capacity, not funding, is the binding constraint on the current social housing programme.