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Yes in my backyard: PM’s plea for housing density

Michael Read

Prime Minister Anthony Albanese has called on state and local governments to drastically speed up building approvals, pointing to his own electorate in inner-west Sydney as ripe for higher density housing, as developers struggle to build enough homes.

“We know that there have been supply-chain issues as a result of global inflation and as a result of the … pandemic, but we need to put our shoulder to the wheel at all levels of government, including local government, by having appropriate approvals,” he told reporters in Sydney on Friday.

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Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com

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    Original URL: https://www.afr.com/politics/yes-in-my-backyard-pm-s-plea-for-housing-density-20240105-p5evf9