Three-storey new houses should be the norm: PC

Original article by Michael Read, Michael Bleby
The Australian Financial Review – Page: 6 : 28-Jul-26

A report to be released by the Productivity Commission today will propose measures aimed at boosting the supply of new housing. Amongst other things, the report will recommend a reduction in the minimum size of housing lots and encouraging developers to build upwards by allowing three-storey homes in most residential areas. Meanwhile, the Productivity Commission notes that it now takes the average family 11 years to save for a housing deposit of 20 per cent, compared with just eight years in 2005.

CORPORATES
AUSTRALIA. PRODUCTIVITY COMMISSION

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