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Building Reforms and AI Aim to Tackle Nation's Housing Crisis

The Australian government aims to unlock over A$8 billion in pension fund investments and clear a backlog of 26,000 housing approvals using artificial intelligence to ease the housing crisis.

  • Australia's government announced on August 23, 2025, plans to fast-track environmental approvals and freeze construction code changes to boost housing supply.
  • These measures respond to a prolonged housing crisis driven by steep price rises, soaring demand, regulatory complexity, and insufficient supply.
  • The plan includes AI tools to speed approvals for over 26,000 homes, pausing code updates for four years, and streamlining regulations to support builders.
  • Housing Minister Clare O'Neil emphasized the need to reduce paperwork so builders can focus on construction, while Master Builders Australia CEO Denita Wawn highlighted the importance of eliminating excessive regulations to accelerate building efforts.
  • These reforms aim to accelerate housing delivery without compromising safety or sustainability, addressing affordability and supply issues amid ongoing market pressures.
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Politics considers how more and cheap apartments can be built. In Saxony's small towns there is plenty of living space. What is missing are tenants and money for investments.

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Bloomberg broke the news in United States on Saturday, August 23, 2025.
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