Property News · October 25, 2016

Unaffordable Australian housing in government sights, Morrison says


Australian states need to remove or simplify residential land planning regulations that have made homes “increasingly unaffordable” in the nation’s biggest cities, treasurer Scott Morrison said.
Insufficient land releases and complex development regulations must be addressed, Morrison said in Sydney on Monday. He will use a December meeting with his state counterparts to urge a freeing up of housing supply, an issue which will be a key focus of prime minister Malcolm Turnbull…

Source : South China Morning Post
Read more…Unaffordable Australian housing in government sights, Morrison says

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