European countries aren’t home building powerhouses. This is an outcome of demographics (ageing populations, low fertility rates) and smaller dwellings and unoccupied dwellings.

Our major cities have very low density if we can't find room perhaps we are not trying very hard here?.

With 12,500 square kilometers in our largest 20 urban areas (thanks Grok) we can surely find 34 square kms pa to develop/redevelop? (~5km x 7km)

Since 2018 successive govts have increased childcare funding from $6b to $14b pa on the same troubled system with little obvious gain for the economy or children (childcare use remains on same trend)

England 1st innings scores.Average 40.7.Median 0.Mode 0.Sometimes the average is what matters.

* yes these are averages and some people have been negatively impacted.

Spending on recreation and culture up 21%, restaurants, cafes, hotels up 25% last 6 years - quite at odds with the 'cost of living crisis' for Australia. (net of CPI and population growth)

YA student for FT student is about $17k pa or 58% of the age pension. Same for an unemployed person under 22 and independent.

Many students struggle financially and Youth Allowance is badly inadequate. A substantial boost would have greatly improved the lives of many students. HECS debt relief helps mostly mid/hi income grads a decade after graduating.

RT @cmkusher: More can be approved that is applied for and we can allow more to be built but this idea that counciks have a number of appro….

Has the location and type of new housing been ideal? Probably not. Statements like 'it's just too hard to build housing in Australia' isn't quite the full story.

Since 2011 Census Australia's dwelling stock is up by 2.3m (ABS). At current occupancy rates for units/houses (ABS) that's enough housing for 5.6m extra people. Our population grew by 5m since 2011. Building levels have been very strong in Australia over the short to medium term.

While some may think 1.2m new dwellings is required it's also worth remembering that population growth over the 5 years to 2029 is expected to only require ~900K dwellings.

In the short run probably the only way to get these numbers up a bit is for the property market to run hot which means higher real estate prices - that's how approvals tend to work unfortunately.

Realistically we'll get to about 900K completions by 2029 if we up approvals a bit to 200K pa. Doubt even a more sensible initial target of 1m will be possible.

Building approvals around 180K pa. Given current completions and the approvals pipeline to reach the 1.2m completions target by 2029 we'd need approvals for the next 3 years ~ 300K pa. Not really possible (not that the target was ever close to feasible)

Great story on GST’s 25th birthday on @abc730 overall a good package of reform of the tax AND welfare system. None of the many concerns were ever realised. Lots of noise… then nothing once introduced.

Housing in Australia (including owner occupier) more strongly considered a financial investment than in the US?.

2011 the starting point due to ABS dwelling series start point. Expect that 2006-2011 a likely period of 'shortage' while previous 10 years a likely 'surplus'.

Data adjusted for dwelling type with detached housing worth 2.73 persons and attached 1.95 persons. Results only relate to demographic not economic demand.