Australia’s senior property leaders have warned that another housing crisis is being “baked in” with state and local government planning bottlenecks choking the supply of new homes and putting renewed pressure on affordability as population growth recovers.

Housing affordability was high on the agenda for the chief executives of Lendlease, Mirvac and Stockland – Tony Lombardo, Susan Lloyd-Hurwitz and Tarun Gupta – as they gathered at The Australian Financial Review’s Editors Forum last week following the federal election.