RBA’s Richards bemoans housing shortage


Australia faces the risk of "undesirably strong growth" in house prices as a result of undersupply, said Anthony Richards, head of economic analysis at the Reserve Bank of Australia

In a speech to the Committee for Economic Development of Australia (CEDA), Richards said that the supply of housing had not responded to increased demand.

He pointed to a variety of factors for the supply shortage, ranging from the difficulty of replacing existing dwellings with higher density housing, to the prohibi

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: