Australian Politics
Andrew Bragg on housing, the ‘poison’ of Nimbyism, and the NSW Liberal council election debacle
Aug 23, 2024
In this engaging discussion, Andrew Bragg, a New South Wales Liberal senator, tackles the pressing housing crisis in Australia. He critiques the Coalition's housing policies and the pitfalls of Nimbyism, which hinder development. Bragg underscores the need for innovative solutions and increased private sector involvement to address supply shortages. The conversation also reveals the NSW Liberals' electoral missteps, highlighting challenges in party dynamics and leadership as they prepare for future elections. A captivating look into Australian politics!
33:10
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Quick takeaways
- The drastic decline in housing supply from 230,000 to 160,000 homes per year is severely impacting affordability for average Australians.
- Senator Bragg highlights that overcoming NIMBYism is crucial for enabling necessary housing developments to address New South Wales' pressing crisis.
Deep dives
Housing Supply Crisis
The shortage of housing supply in Australia is a significant concern, with current construction rates dropping from 230,000 houses per year down to just 160,000. This decline has directly impacted housing affordability, making it nearly impossible for the average wage earner to either save for a deposit or service a mortgage. The need for more residential buildings is critical to address this crisis, as existing proposals from the government have yet to translate into actual constructed homes. Addressing the supply issue is essential for ensuring that future generations can achieve home ownership and secure their financial stability.
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