MEDIA RELEASE: ABS Housing Approvals for July – Time for action

Urban Taskforce CEO, Tom Forrest, said that today’s ABS housing approval figures for NSW showed
a huge chasm between current approvals and what is required under the revised National
Housing Accord.

While the rhetoric is all positive on housing supply and reform, the performance is going in the
opposite direction.

Today’s ABS figures show that only 3,361 dwellings were approved in July 2023.

Now is the time for bold reform with a clear focus on housing supply. It’s time to match the
welcome political rhetoric on housing supply and higher targets with action. The numbers don’t
lie – we are going backwards, and the industry’s confidence is waning.

Click here to read the media release in full.