Australia has lost the ability to build things
Australia’s construction pipeline is bigger than ever. Following decades of mass immigration, Australia is suffering from a chronic housing shortage estimated by AMP chief economist Shane Oliver to be between 200,000 and 300,000 dwellings. Australia’s current rate of housing construction is tracking at only 173,400 in the year to March 2026, well below last decade’s The post Australia has lost…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.