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Report

Where should we build new housing? Better targets for local councils

As a case study, this paper discusses the Sydney housing market, the location of much of Australia’s most expensive housing. It argues that appropriately designed housing targets would involve a large increase in apartment construction in the affluent inner and eastern suburbs, where the housing...
Report

Structural reform of the Reserve Bank of Australia

Both major political parties support an external review of monetary policy after the 2022 election. This paper discusses some of the main issues a review should cover.
Policy report

Does high-rise development damage neighbourhood character?

Local residents often oppose new apartment buildings on the grounds that they would harm neighbourhood character. This paper examines several examples of high-rise development in Sydney.
Policy report

Planning restrictions harm housing affordability

Planning restrictions around Australia reduce the supply of housing and hence raise prices. This paper summarises recent research on this topic, focussing on Australia’s largest cities.
Discussion paper

The apartment shortage

Planning regulations restrict the supply of apartments and hence drive up their price. This effect can be measured by the difference between the price of new apartments and the cost of supplying them. This paper measures the excess demand for apartments in Australia's largest cities.