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flag Australia's housing construction productivity has plummeted, doubling build times and sparking reform calls.

flag Australia's housing construction sector is struggling with a significant drop in productivity, building only half as many homes per hour as in 1995. flag This decline has led to longer construction times, with detached houses now taking 10.4 months to build, up from 6.4 months a decade ago. flag This crisis in housing affordability has prompted calls for reforms in the construction industry, including faster planning approvals and fewer regulations. flag The Reserve Bank may consider interest rate cuts to help borrowers.

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