Returns on social housing too small because of red tape: NAB CEO

Returns on social housing too small because of red tape: NAB CEO

Returns on social housing too small because of red tape: NAB CEO National Australia Bank chief Ross McEwan says Australia’s relatively small size and state-based planning and construction regulations cast a cloud over the potential returns on offer from social and community housing, as the government urges big finance to back its housing affordability plan. Treasurer Jim Chalmers and housing minister Julie Collins hosted about 20 of the nation’s most powerful banking and superannuation executives for a closed-door meeting aimed …