Australia politics live: Coalition to heavily cut net migration and shred 96% of house construction code; CBA posts bumper $11bn profit

The Guardian reports that Australia's Coalition is announcing plans to heavily cut net migration and drastically reduce housing construction regulations—with proposals to eliminate ninety-six percent of the existing building code. As debate continues over housing affordability, the opposition is considering whether energy efficiency standards should be made optional, arguing that mandatory efficiency measures add tens of thousands of dollars to construction costs.

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton