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Housing affordability

Yesterday

Jim Chalmers and Katy Gallagher say the government’s election promises will improve the budget by $1 billion over four years.

Labor’s missing $8b for housing makes a mockery of budget

More than 80 per cent of the $10 billion that the government committed to build 100,000 homes for first buyers was nowhere to be seen in its election costings.

April

As former Liberal federal treasurer Peter Costello points out, the weak rule to reduce gross debt as a share of the economy should not be difficult to achieve.

Election promises will leave young Australians bitter

Future generations will bear the brunt of the major parties wagering the nation’s future for instant political dividends.

The national prosperity we have enjoyed for many decades is in large part the result of previous policy reform such as the liberalisation of the economy and introduction of superannuation under the Hawke-Keating government.

Our biggest national test since World War II is here and we’re blowing it

We need leaders with the capacity and mindset to articulate a compelling vision for our future and the courage to execute on that vision.

Numerous inquiries, reviews and academic studies have attempted to explain Australia’s decline in housing affordability.

Why working hard no longer buys you a home in Australia

We need to end the federalism disconnect and enable states to strip away their own government-imposed costs on new housing.

Both super for housing and the government guarantee boost demand, putting upward pressure on housing costs.

The $5b move that could smash house prices

The housing policy promises from the major parties both offer assistance for housing supply, but they also boost demand in ways that are not well-targeted.

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The short-term fixes on housing from both major parties are a band-aid on a broken system

The housing crisis isn’t about buyers, it’s about broken supply

Without serious reforms, we risk cementing a future where younger Australians are trapped in a cycle of inflated prices and growing debt.

The major parties have unveiled policies they say will fix the housing crisis. But will they?

4 policy ideas to fix housing affordability

Fixing Australia’s decade-long housing crisis won’t happen overnight. It requires a sustained effort that cuts across political cycles.

Coalition v Labor: what’s on the table for housing

The first major policy battle of the election campaign erupted on Sunday. Here are the key points.

After the lost two decades and a half in Canberra, both major parties are bogged down in the “politics of incrementalism”.

Policy ping-pong won’t deliver housing affordability

A future government will inherit a dog’s breakfast of housing and tax policies and be left to clean up the mess.

Prime Minister Anthony Albanese speaks with resident Lucie Brown and her daughter Sofia at the opening of a social and affordable housing development on Addison road in Marrickville, Sydney.

Gen Z aren’t voting left or right, they want to smash the system

Young constituents are not primarily animated by “wokeism” or culture wars. Their grievances are material – housing, jobs, and living standards.

March

We have restrictive zoning laws that, combined with our national preference for detached housing, have led to low housing density in major capital cities.

Productivity problem empowers populist right

We had better get our act together in Australia or we may court the kind of poisonous politics wreaking havoc in the United States and across Europe.

To get a toehold on the housing ladder in apex cities around the world, it greatly helps to inherit money.

Baby boomers are adding to the ‘inheritocracy’. And that’s a problem

Inheriting is becoming nearly as important as working. That is dangerous for capitalism and society.

Delve into details before voting for Dutton’s nuclear vision

Readers’ letters on the true costs of atomic energy, gender pay gaps, the green light for ConocoPhillips’ gas plan, leadership qualities, and housing affordability.

February

The owners say they can’t knock down the dilapidated building at 1 Rathdowne Street without a demolition permit.

Melbourne’s ‘biggest eyesore’ could be targeted in housing blitz

Victorian Planning Minister Sonya Kilkenny says a disused former Cancer Council building in the heart of Melbourne could be cleared for development into new homes.

Planning Minister Sonya Kilkenny and Premier Jacinta Allan have warned councils they will seize planning powers if they fail to create more housing supply.

Victoria must give up ‘ideological attachment’ to apartments: Metricon

Victoria will continue to miss housing targets until it realises Millennials and migrants want detached homes, not inner-city apartments, Metricon chief executive Brad Duggan says.

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Both Labor and the Coalition are focused on building entry-level homes in emerging areas.

Major parties’ housing policies will trap young buyers in lemons

A glut of entry-level housing could deny first home buyers the sort capital gains that made their parents wealthy.

Property Council chief Mike Zorbas with Greens housing spokesman Max Chandler Mather.

The Property Council’s vampire mortgage controls

The housing lobby’s bizarre new idea suggests a profound identity crisis.

Demand for apartments in Perth is hotting up.

Home in ‘last affordable frontier’ goes for $760,000

Price growth may be slowing in this city, but some market niches are booming – precisely because other levels have priced buyers out.

Pascal Butler, a Melbourne investor who is finalising his mortgage to buy his second investment property, with wife Georgia and toddler Mimi.

Home loan demand rises as buyers ready for rate cut

Hopeful home buyers are preparing for lower interest rates as early as next week by arranging financing in larger numbers.

The CBA boss’ call was echoed by HECS architect Bruce Chapman, who said Jim Chalmers’ changes made sense, but fixing housing affordability required more supply.

CBA’s Comyn says student debt tweak helps but housing supply is key

The bank CEO was echoed by HECS architect Bruce Chapman, who said Jim Chalmers’ changes made sense but fixing home affordability required more residences.

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