Australia needs a federal housing minister, whose sole responsibility is to address the housing shortage by developing policies with their state counterparts to fix the constraints on supply in most capital cities.
Sydney is in the middle of an infrastructure revolution, with several projects underway that will help the city cope with a rapidly growing population.
How important is local transport to property values?
Being close to public transport is at the top of the wish list for most property buyers, especially in larger cities like Sydney, Melbourne and Brisbane.
Smaller community infrastructure projects can deliver better price growth to local property markets, because they’re more likely to deliver tangible benefits, such as improved amenity and upgraded streetscapes.