Australia Housing Dysfunction Mirrored in Central Bank’s Blowout Rebuild

When Australia’s central bank resolved to refurbish its 1960s-era Sydney headquarters in 2018, it hardly expected the project would fall victim to the complex construction rules that also hinder the country’s housing sector.

​When Australia’s central bank resolved to refurbish its 1960s-era Sydney headquarters in 2018, it hardly expected the project would fall victim to the complex construction rules that also hinder the country’s housing sector.