Highly skilled foreign workers (and the investment that follows them) are drawn to Australia because of the lifestyle.
As innovative and business-friendly as Australia has become in its short history, what makes Australia stand out to international workers is its quality of life.
Melbourne Lord Mayor Robert Doyle explains the revised Queen Victoria Market redevelopment, flanked by Planning Minister Richard Wynne and Premier Daniel Andrews.
Mixing public and private housing in urban renewal projects can be a contentious business. But public good and optimal use of public resources, not developer interests, should guide such decisions.
Vacant and unlit ‘ghost’ apartments are a source of public outrage in major cities around the world.
A tax on empty homes will make a modest difference to housing affordability. The sheer wastefulness of our housing system calls for something much more ambitious.
It is not well appreciated that the requirements of affordable housing are related to – but not the same as – those for housing affordability.
New research reveals outdated concepts and thinking are shaping Australia’s troubled housing system.
At the Ashwood-Chadstone estate, Port Phillip Housing Association has built high-quality homes, with no visible difference between the 72 private and 206 community housing dwellings.
Concerns about the privatisation of public housing estates should not blind us to the benefits of the transfer of public housing to the not-for-profit community housing sector.
Interest rate adjustments are crude and fail to target the problems within the housing market.
A variable special rate on new residential housing developments in selected centres could be used to create a local incentive to supply more affordable dwellings at higher density.
The Australian government has plenty of ministers, but not one of them oversees the whole $6 trillion housing sector.
New research finds a state of confusion when it comes to Australian government policymaking on housing, despite its huge economic and social significance.
Most Sydneysiders are concerned about the effects of foreign investment on the local real estate market.
Only 18% of Sydneysiders think foreign investors should be able to buy property. They simply don't accept arguments that this investment improves housing affordability by increasing supply.
Driven by higher returns on their equity, debt-financed investors are dominating the housing market and shaping its growth.
New research shows the actual returns on equity for housing investors are higher than most people realise. This helps explain why investors are able to out-compete other home buyers.
Households are not competing on equal terms in the private rental market – their perceptions of insecurity vary according to their means, location and reasons for renting.
Private renters' security of tenure in Australia has less legal protection than in other countries with high private rental rates. A new study reveals mixed responses to this state of uncertainty.
Even though Sydney’s population growth (at 14%) is below the average across all capital cities, its housing supply failed to match this growth.
AAP Image/Dean Lewins
Data on housing supply in Australia's capital shows that while it's increasing in areas with lots of jobs, house prices are too high for those who might want to move for work.
More competition between renters won’t help affordability.
In a market already tilted in favour of landlords, these apps could further push up prices.
Australia’s population is highly concentrated in a few cities, so once centres like Newcastle have absorbed the spill-over from high-cost capitals, where will the talent go?
City of Newcastle/AAP
Australia has few places to capture the spill-over of talented workers priced out of the big cities. Some may leave the country altogether – and where talent goes, capital flows.
Restoring and expanding Australia’s run-down public housing stocks will need an increase in funding on top of the reforms in the budget.
The budget is pushing for a much-needed reboot of the social housing sector. What it isn't offering is extra funding to renew and expand run-down housing stocks.
Unless the demand pressures are eased, first home buyers are still likely to be crowded out of the market.
The budget acknowledges the crisis of affordability for first home buyers, but fails to do enough about demand pressures on prices to put home ownership back within their reach.
The budget brought no increase in rent assistance to help low-income renters in the private rental market.
For the majority of Australia’s renters, housing will remain unaffordable, insecure, and out of reach following the 2017-18 federal budget.
Tackling housing affordability will be a priority for the Federal Government in the 2017 budget.
The housing affordability measures in this budget involve not much more than tinkering.
When public investment in a development like Sydney’s Northern Beaches Hospital boosts land values, who should reap those gains: the community or individual owners?
NSW Premier's Office/AAP
Who is entitled to the increase in value created by planning approvals, new infrastructure, population growth or urban development? For John Stuart Mill, the answer would have been the community.
The latest ANUpoll shows that Australians are very concerned that future generations may be locked out of home ownership.
Australians are in favour of housing affordability changes that the government still doesn't support, an ANU poll shows.
The political legacy of Abbott's broken promises contributed to Malcolm Turnbull's near-death experience at last July's federal election. ThisTurnbull government budget will be largely about burying the legacy of its predecessor.