Jul 27, 2026 – 10.30pmThe federal government’s economic think tank says three-storey homes should be allowed to be built almost anywhere and planning rules should be dismantled in the biggest shake-up of housing in decades.The Productivity Commission has warned that it took the average family 11 years to save for the 20 per cent deposit typically needed for a house, up from eight years in 2005, and has urged state and local governments to simplify planning approvals and wind back development restrictions in the hope of incentivising the construction of far more homes.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles