12 Jan 2021

Government needs to act now by addressing housing supply shortages

From Morning Report, 8:25 am on 12 January 2021

The Government's been told it needs to take emergency measures to build new homes amid the severe shortage of property.

There are also calls for new policy settings to help cool the country's thirst for real estate.

Data last week showed CoreLogic's house price index jumped 2.6 percent in December, with the average property price hitting $788,967 - eclipsing November's record. Jonathan Mitchell reports.