The Productivity Commission has handed the federal and state governments a road map to reforming the nation’s tired planning laws and could lead to improved housing supply, the Urban Taskforce has claimed.
Earlier this week, the Commission issued a report titled The Performance Benchmarking of Australian Business Regulation: Planning, Zoning and Development Assessments, which identified several practices that could lead to dramatic improvements in the efficiency and responsiveness of the state planning systems.
The Urban Taskforce's chief executive, Aaron Gadiel, said there was an opportunity to undertake the fundamental reform required to fix Australia's massive housing supply crisis once and for all.
"This is a once in a generation chance to undertake far-reaching microeconomic reform, on the same scale,” Mr Gadiel said.
"This is a wide-ranging report that tackles almost everything that is wrong with Australian town planning laws.”
Australia’s housing shortfall is at 200,000 homes, with a projection for it to grow 308,000 2014, Mr Gadiel said.
"Just 28 per cent of homes sold Australia-wide are affordable to moderate-income households."