Red Tape Forcing Australians to Buy ‘BMW’ Equivalent of a House: Think Tank Director

Both AIP and BCA are advocating for significant reforms to counter the effects of decades of flawed housing policies.

A man works on a construction site building new apartments in Melbourne, Australia on April 4, 2023. William West/AFP via Getty Images

Australians are forced into buying “the housing equivalent of a BMW” because of excessive regulation, says Graham Young, executive director of the Australian Institute for Progress (AIP) think tank.

He criticised the National Construction Code (NCC)—which mandates the country’s home building requirements—leading to extra costs for new housing.