Publisher/s
Commonwealth Bank

A shortage of homes, rising construction costs and delayed housing projects are making life harder for renters across Australia, but a lift in building approvals and a growing focus on housing delivery offer potential change.

Many renters are still finding it hard to secure an affordable place to live as demand for homes outpaces supply.

While costs remain high, new data suggests momentum is building in the construction pipeline, with home approvals hitting a three-and-a-half year high.

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