Australia falls further behind housing supply target
Australia now needs to build more than 274,000 homes per year to meet the national housing accord target of 1.2 million over five years.
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Australia now needs to build more than 274,000 homes per year to meet the national housing accord target of 1.2 million over five years.
Chief economist said 'RBA needed to increase its knowledge and capability to deal with supply shocks'.
Leading bank economist says 'the housing price correction is likely to continue for some time yet'.
Industry boss says 'results reinforced the need to ensure stamp duty incentives for first home buyers keep pace with market conditions'.
Major firm says 'insufficient investment has left the supply side of the economy struggling to keep pace with demand'.
Research firm shows massive uptick for superannuation funds and describes it as a 'tremendous result'.
Australia's two largest online real estate listing platforms are facing off in court after accusing each other of making misleading claims.
Boosted by the banking sector, the Australian share market's main index has overcome its morning losses to finish the day flat.
Reforms to slash red tape and tackle the housing supply crisis in WA are being investigated, as the state government eyes similar changes across the country.
The opposition leader will use a five-week break in parliament sittings to try and catch up to One Nation in the polls through campaigning in marginal seats.