Wednesday’s National Cabinet meeting set itself a huge task: to fix Australia’s rental crisis. Thankfully, given rents are rising at their fastest rate in decades, the plan it produced just might do the trick. Prime Minister Anthony Albanese says it’s the most significant housing reform in a generation. If the states and territories deliver on their commitments, Continue reading »
Housing
Along with a new scheme for first home buyer assistance, Federally-led rental reform is now on the PM’s agenda. But this week’s National Cabinet and Party Conference housing announcements need to be integrated into a coherent and ambitious long-term strategy. Anthony Albanese has signalled backing for ‘harmonising’ tenants’ rights, country-wide, importantly including enhanced security of Continue reading »
The Albanese government has been enraged by The Greens’ refusal to fall in behind its housing fund legislation.
The post Labor avoids real solutions to out of control housing prices first appeared on Solidarity Online.
Student housing has never been known for its quality but, in recent years, the system has been pushed to breaking point
Newspapers decry it; yet market-led inflation more broadly is tut-tutted away as a ‘sacred mystery’ central to a free and working capitalist system. Government mandated inflation however, which society must pay to maintain a balanced economy, does not please anyone. As more and more social and economic ‘data’ is captured in society, details of trends Continue reading »
he NHBC is the country’s largest building control inspector says it is " independent of Government and the construction industry”. But its corporate affairs team has strong links to the Conservative Party
Landlords and freeholders can pass on their legal costs onto leaseholders who are still waiting for reform of an 'obscene' feudal system
Monetary policy operates with a lag. The pain from increased interest rates is only now starting to really bite. However, the substantial increase in interest rates is reducing demand and thus bringing inflation down. While on the other hand, further interest rate increases add to the risk of a recession. It is time therefore to Continue reading »
One of the emerging political challenges of the 2020’s in Australia is the contest for the votes of renters. This contest has changed the political complexion of previously safe conservative seats and led to a major policy confrontation between the Greens and the Labor Party. Some interesting research has emerged which suggests, contrary to the Continue reading »
May Rostom On average, parental contributions help children buy homes four years earlier than those without them. Out of every 100 new homeowners below the age of 30, 16 will have had help from ‘the Bank of Mum and Dad’, or Bomad for short. That rises to one in four new homeowners under the age … Continue reading Bomadland: How the Bank of Mum and Dad helps kids buy homes