UDIA National Says it’s Time to Fix Housing Supply Woes

A new incentives-based system to ensure states and territories meet housing supply targets is needed to solve affordability woes in Australia, according to the Urban Development Institute of Australia (UDIA).

UDIA National pitched the proposal in its appearance before the House of Representatives’ Tax and Revenue Committee inquiry into housing supply and affordability in Australia yesterday.

UDIA National – the nation’s peak body representing the property development industry – said the inquiry represented a unique opportunity to break the back of barriers to fixing housing supply and affordability.