This has served acceptably well to date, but, with systems for real-time transfers available in countries ranging from the United Kingdom to Mexico, Australia’s approach is starting to look a bit dated. It is our belief that availability of real-time transfers would fill some important existing gaps, but would also open up enormous potential for innovation on top of that system.
The plan set active targets for the planning system that will enable the construction of 1.5 million housing units between 2014 and 2040, in accordance with the need shown by models based on demographic trends.