Overview

• The National Housing Supply and Affordability Council projects the government will miss its 1.2 million homes target by 262,000 by 2030.
• Councils such as North Sydney are approving just one in three development applications within the mandated 14-day window, with an average 41-day delay.
• National productivity growth stagnated at 0.1% between 2022-23 and 2023-24 while construction sector output has fallen 12% over the past 30 years.
• The ACT government’s 2023 planning overhaul increased complexity and led to a more than 50% drop in building consents.
• Systemic delivery failures left Tasmania’s $500 million Devonport terminal upgrade overdue and one Spirit of Tasmania ferry idle.