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.

A $267 million building stimulus announced by the Premier today will support construction sector jobs and promote investment and economic development as the state recovers from the global COVID-19 pandemic. Initiative: $106M first home owner grants and regional home building boost Initiative: $100M housing construction - Works for Tradies - to boost housing supply, drive...

The McGowan Labor Government has announced a $444 million housing stimulus package to deliver a major boost to Western Australia's COVID-19 economic recovery, and support the building and construction sectors. Initiative: $117 million to provide homebuyers who build new houses with a $20,000 grant Initiative: $97 million to construct social housing dwellings and purchase off-the-plan...

The Tasmanian Liberal Government is set to reboot the economy with a record construction blitz over two years, underpinning around 15,000 jobs. Initiative: Extending the successful $20,000 First Home Owners Grant initiative to all Owner Occupier build applications Initiative: Improving the HomeShare program to revise eligibility thresholds Initiative: $24 million in additional and brought forward...

A new accommodation facility in Darwin will offer a safe place to stay for visitors from remote communities. Initiative: Safe Stay Plan for Remote Community Visitors