Meriton boss on how to solve Australia’s housing crisis: ‘The higher we build, the better’

Business News

Meriton boss on how to solve Australia’s housing crisis: ‘The higher we build, the better’
PropertyBusinessHousing
  • 📰 7NewsSydney
  • ⏱ Reading Time:
  • 24 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 63%

7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.

For a man who has made billions off developing high-rise blocks, it’s no surprise when Harry Triguboff says “the higher we build, the better it is”. The 91-year-old sat down with 7NEWS, detailing how he believes the housing crisis could be solved. “You can’t use today’s ways and expect things to improve,” he said. “They don’t improve by themselves.

I don’t see them giving instructions. They are just following the safe path. It doesn’t work.” He says Canberra must boost immigration to help with building. “Everything has to be in proportion. We have one of the biggest blocks of land in the world, and we have no people.” On Peter Dutton’s pledge for $5 billion dollars to build half a million homes, he says: “We need much more than that, but it’s nice that he thinks about it, and pledges are very nice.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

7NewsSydney /  🏆 16. in AU

Property Business Housing Business Housing Market

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘King is back’: Indian great’s Kohli warning after Aussie legend pokes the bear‘King is back’: Indian great’s Kohli warning after Aussie legend pokes the bearCricket: David Warner and Usman Khawaja have backed Nathan McSweeney as Australias new test opening batter.
Read more »

‘Chomping at the bit’: Aussie quick seizes rare chance as Pakistan targets SCG comeback‘Chomping at the bit’: Aussie quick seizes rare chance as Pakistan targets SCG comebackCricket: David Warner and Usman Khawaja have backed Nathan McSweeney as Australias new test opening batter.
Read more »

Rebecca Maddern to broaden role at 7NEWS Melbourne and replace Tim Watson as chief sports presenterRebecca Maddern to broaden role at 7NEWS Melbourne and replace Tim Watson as chief sports presenter7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »

7NEWS claims two categories at the 69th Walkley Awards for Excellence in Journalism7NEWS claims two categories at the 69th Walkley Awards for Excellence in Journalism7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »

Channel 7 scraps Gold Coast 7News nightly bulletin for Queensland's largest regional cityChannel 7 scraps Gold Coast 7News nightly bulletin for Queensland's largest regional cityChannel 7 will air its nightly Gold Coast 7News television bulletin for the last time this Thursday, with Australia's largest media union calling the decision a 'betrayal to its audience'.
Read more »

Steve Titmus Moves to Brisbane to Lead 7NEWS Sports DivisionSteve Titmus Moves to Brisbane to Lead 7NEWS Sports DivisionSteve Titmus, a prominent Australian broadcaster, is transitioning from his role at 7NEWS Gold Coast to become the head of the sports division at 7NEWS Brisbane. This move coincides with Shane Webcke's stepping down from full-time work. Titmus expressed his excitement about returning to his roots in sports broadcasting and working alongside experienced colleagues.
Read more »



Render Time: 2025-02-19 17:21:53