07/11/2025
Australia’s Housing Supply is Flashing Red 🚨
Building approvals have fallen 6% and apartment approvals have plunged 33.4%.
The dream to build 1.2 million new homes by 2029 is slipping away.
🏗 Developers are battling:
– Sky-high construction costs
– Labour shortages
– Complex approvals
– Finance barriers
💡 Fewer approvals today = higher prices & rents tomorrow.
Australia doesn’t have a demand problem it has a supply problem.
If action isn’t taken soon, this red light could turn into a full-blown housing emergency.