Dossier
Grattan Institute
Coverage of Grattan Institute in the Nexus archive.
- Scrapping 86,000 new car parking spaces could save $5.2bn and drive down rents, Grattan report finds
Australia may waste $5.2bn on 86,000 unwanted car parking spaces in the next five years due to strict planning rules. About 40% of existing parking spaces under apartments sit empty. The Grattan Institute recommends reforming planning rules to address this issue.