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Speaking to the Planning Institute of Australia, Melbourne's lord mayor Robert Doyle has called for a shift back towards commercial office projects in the city's CBD, where development is now dominated by high-rise residential towers.

About 80 per cent of new floor space in the development pipeline for the central city is earmarked for residential, with 20,000 apartments already under construction.

Traffic congestion in Hobart may ease as the State Government moves to schedule more overnight roadworks to address the problem.

A ferry network servicing Hobart's entire River Derwent and costing passengers no more than a bus fare is being touted as a solution to the city's traffic woes.

Tasmania's biggest shipbuilder Incat said it would fund and build up to six ferries that would run as frequently as every 10 minutes during peak times.

Minister for Planning Richard Wynne has agreed to a major new development at 447 Collins Street in Melbourne’s CBD.

After negotiations, Mr Wynne has told the developer he will accept a project 21.6 metres shorter in height than first proposed to reduce overshadowing over the Yarra River.

"The reason housing is less affordable than it should be is because we're not building enough houses and this is one of the things we're seeking to achieve in our new cities policy is to ensure that we work with state and local governments to make sure that, as part of the deal, the city deal, of federal funding, that there is, there are appropriate planning decisions taken to ensure there is more housing and more affordable housing." - Prime Minister, Malcolm Turnbull