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Housing affordability

This Month

Treasurer Jim Chalmers.

Chalmers digs in on negative gearing advice

Treasurer Jim Chalmers again hedged when questioned if he had asked officials to model changes to tax concessions for property investors.

  • Updated
  • Tom McIlroy

September

Anthony Albanese on the hustings in Tasmania on Wednesday

PM yet to be convinced housing tax changes won’t hurt supply

The prime minister says Treasury is looking at ways to curb the use of negative gearing and capital gains tax, but it wasn’t his idea.

  • Phillip Coorey
Prime Minister Anthony Albanese is questioned over negative gearing in Launceston.

Albanese confirms negative gearing and CGT options under review

The prime minister says Treasury is looking at ways to curb their use, but refused to say whether it is at the federal government’s request.

  • Phillip Coorey
US Federal Reserve chairman Jerome Powell has given Reserve Bank of Australia governor Michele Bullock plenty to think about.

Suddenly the RBA seems very isolated

Australia’s central bank looks neither hawk nor dove on monetary policy. It seems more of a shag on a rock in a sea of interest rate cuts.

  • Warren Hogan
Catching winter sun, avoiding summer glare: Emily Walter in her 8.2-star Canberra home.

The $660k home that has no heating or cooling costs

Higher thermal standards make homes more comfortable and cheaper to run. And they don’t have to be that much more expensive to build.

  • Michael Bleby
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What you need to earn to afford a home in a capital city

Home buying remains elevated despite the median income household only being able to afford 14 per cent of homes, suggesting most purchases are by the wealthy.

  • Campbell Kwan
The Chanticleer podcast features James Thomson and Anthony Macdonald.

Housing’s vicious cycle | US debate’s investor clues | Lithium rollercoaster

This week on the Chanticleer podcast, James and Anthony examine why housing is eating the economy, decipher what the presidential debate really means for investors, and explain why it’s a fascinating time for the lithium sector.

  • Updated
  • Anthony Macdonald and James Thomson
Housing Minister Clare O’Neil at the property summit.

Labor has targeted the right housing supply side solutions

The key now is execution and accountability across all levels of government to give more young Australians the opportunity to share in the dream of home ownership

  • The AFR View
Compare the pair: architects want to build more homes straight up, like Austin Maynard’s award-winning ParkLife apartment building in Brunswick (left), but councils often impose upper-level setbacks (seen on the right) to reduce visual bulk and shadowing. 

Lose ‘wedding cake’ look and build more flats: architects

Top architects including Nightingale boss Dan McKenna, Kerstin Thompson and Andrew Maynard say Victoria’s housing crisis means planning priorities must change.

  • Gus McCubbing

August

A render of the four-bedroom, three-level townhouse at 11-11A Old Berowra Road in upper north shore Sydney’s Hornsby, which sold for $1.8 million off the plan.

Couple buys $1.8m home – and still ends up sharing with parents

Many multi-generational families want to live close to each other. But worsening affordability has reduced spending power – and that’s changing housing design.

  • Michael Bleby
The Greens’ housing spokesman, Max Chandler-Mather, and Housing Minister Clare O’Neil.

Greens prepared to be flexible on housing demands

The Greens say their demands to curb the CGT exemptions and negative gearing deductions are not a condition of their support for housing bills in the Senate

  • Phillip Coorey

July

Barrenjoey has made suggestions to help young Australians sustainably enter the housing market.

Trim mortgage ‘risk weights’ to help first home buyers: Barrenjoey

Barrenjoey called on APRA to allow banks to reduce mortgage “risk weightings” for first-time borrowers and for ASIC to drop HECS debt from responsible lending.

  • James Eyers
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Actuaries call to include family homes above $2.1m in pension test

The Actuaries Institute suggests it’s time to slay the sacred cow that is the family home.

  • Michelle Bowes
Axiom Construction’s general manager Claire Perham.

How building codes are crunching affordability

Energy efficiency demands and stringent accessibility rules are increasing the cost of building homes by tens of thousands of dollars.

  • James Hall
Barista Amber Hasan at NoBo Mrkt in the Commongrounds.

Priced out of housing, communities take over development

Easing of investment restrictions allows neighbourhood groups to finance unconventional projects that banks and institutional lenders won’t touch.

  • Keith Schneider
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June

Who’s counting? Australia’s housing affordability picture is much worse when just house values are measured.

Housing not so ‘impossibly unaffordable’ after all

A recent global ranking of housing affordability only considered detached house prices in Australia. When including apartments, the picture changes. A lot.

  • Michael Bleby
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Inflation spikes to 4pc; RBA’s housing warning; Star’s new CEO

Read everything that’s happened in the news so far today.

Not just severely unaffordable but now ‘impossibly’ so: Sydney is the world’s second-least affordable city for housing, according to the latest Demographia report.

‘Impossibly unaffordable’ housing a social risk: report

The level of housing price relative to incomes poses an “existential” risk and demands a rethink of urban growth boundaries, a new global report says.

  • Michael Bleby

This council is mulling doubling rates for landlords

A Greens-led Melbourne council is mulling charging landlords rates four times higher than owner-occupiers to help more first home buyers into the market.

  • Gus McCubbing
Affluent niche: Developments targeting the downsizer market are booming.

Apartment sales boom – in the $1 million-plus price range

Soaring materials and financing costs are making most apartment projects unviable. But there’s a niche of the development market that is booming.

  • Michael Bleby

Original URL: https://www.afr.com/topic/housing-affordability-6ft3