ABS data shows only 16,579 dwellings approved in January, leaving the national 1.2 million homes target well behind, though apartment approvals hit a two-year high. Intrapac chief executive Maxwell Shifman says construction costs for higher density housing have exploded since COVID.
As I told The Nightly: “The cost of building higher density housing has exploded since COVID.”
The Nightly, 7 March 2025 — Read the full article