Opinion

This is why new housing isn’t getting built

All the talk is about the planning process, zoning and development approvals. But projects won’t go ahead if they don’t stack up.

Robert HarleyContributor

Oct 30, 2024 – 5.25pm

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Already a subscriber?

Back in May, Reserve Bank chief economist Sarah Hunter put her finger squarely on the reason for the weak supply response to the housing crisis.

“New supply would take some time to materialise, given the current level of new dwelling approvals and the information from liaison that many projects are still not viable,” she said.

Robert Harley is The Australian Financial Review's former property editor. Connect with Robert on Twitter. Email Robert at rob@rharley.com.au

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Already a subscriber?

Introducing your Newsfeed

Follow the topics, people and companies that matter to you.

Fetching latest articles