Mr. Michael O'Flynn:

The Deputy asked a very good question on what needs to be done. That is what the report was about but, unfortunately, we have not got into the nuts and bolts of the report and the issues that have arisen which do not make development possible.

The report goes into great detail on the issues arising regarding what is holding up development, including planning, lack of zoning and facing up to the housing demand referenced by Professor Lyons. That is what the report is all about, but we have not analysed how we can fix those issues that are hindering supply.

If the market is capable of working, it will supply what is needed. At this moment in time, we have fundamental shortfalls. We have taken a number of years to face up to the numbers and are taking an awful long time to zone appropriate lands, whether serviced or serviceable. We do not have the right infrastructure.

To answer the Deputy's question, there are many issues but they all go back to whether it is viable or possible for the market to deliver. The market cannot deliver if we have obstacles in front of it. There are many obstacles, but the report goes into great detail on recommendations. The oversight executive is a key recommendation aimed at untangling the major issues preventing the supply the Deputy inquired about.