In his Sunday announcement, Shorten says the ALP’s ten-year plan to build 250,000 houses and units would be Australia’s “biggest ever investment in affordable housing”.
It is thought that it doesn't help much to cut official interest rates toward or beyond zero, and maybe it doesn't, but new research suggests the answer has a lot to do with the housing market.
Housing affordability has declined significantly over the past few decades. Slowly reducing negative gearing and capital gains, and switching to property taxes, could reverse this trend.
Chris Bowen on the budget and Labor’s policies
Shadow treasurer Chris Bowen tells The Conversation he accepts that big business will "lobby on their own path".
The Greens plan would bring in "a Buffett rule" to ensure higher income earners paid their fair share of tax by limiting deductions made by those earning more than $300,000.
New modelling shows negative gearing and capital gains taxes can be reformed in a way that doesn't impact poorer investors.
Chris Bowen will target tax loopholes and concessions in a speech on Monday.
There is a risk that affordable housing policy may be colonised by for-profit interests if Australia imports the wrong rental housing ideas from overseas.
A modest rebalancing of federal tax policy toward build-to-rent housing could fill affordable housing funding gaps. Australian funds are already investing in such a scheme in the US.
Australians are in favour of housing affordability changes that the government still doesn't support, an ANU poll shows.
Data for 2014-15 from the Australian Taxation Office shows inequality is growing in a number of areas.
Housing experts writing for The Conversation largely agree on the government policies that are causing negative distortions in the market and the wider economy. And supply is not the key concern.
Scott Morrison will renew his warnings against tampering with negative gearing, in a speech on Monday.
Negative gearing plus inadequate supply plus low wage growth equals financial distress.
The new NSW premier is right to identify housing affordability as a priority for the people and economy of Sydney. It's not just housing supply that's the problem – action is needed on many fronts.
Many children are living in low-income families that struggle to pay the rent to keep a roof over their heads. Unaffordable housing is fuelling childhood poverty, so where is the policy response?
The need for new housing solutions for these low-income groups is clearly a pressing requirement.
Federal treasurer Scott Morrison’s diagnosis of the risks and challenges confronting the Australian economy is hard to fault. But tackling those problems will require flexibility from the government.
What are the consequences of negative gearing policy? We've created a board game to model how negative gearing affects housing distribution, based on modelling from Dr Stephen Woodcock.
Hoping for the best is not a budget management strategy: but Australia can set realistic goals.