APRA chairman Wayne Byres is leading a crackdown on interest-only loans, but it may not be enough to cool some parts of the housing market.
Mick Tsikas/AAP
Negative gearing plus inadequate supply plus low wage growth equals financial distress.
NSW Premier Gladys Berejiklian needs to shed the Treasury view of housing construction as a silver bullet and back former premier Mike Baird’s social and affordable housing program.
Nikki Short/AAP
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.
The increasing proportion of children living in housing-related poverty confronts us with the question: what will we do about it?
Ollyy/shutterstock.com
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?
In the unregulated Australian rental housing market, rental leases are almost always short term.
AAP/David Crosling
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.
Helen Westerman, The Conversation; Wes Mountain, The Conversation e Jenni Henderson, The Conversation
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.
How possible will budget repair be?
AAP/Andrew Taylor
The Henry Review argued changes to negative gearing would need to be offset by increasing housing supply, but this aspect is missing from the Labor proposal.
The economic slogans from all the major parties seemed to have fallen flat during this election campaign.
AAP image
Opposition Leader Bill Shorten said that Australia spends more at a Commonwealth level on negative gearing and capital gains tax discounts than it does on child care or higher education. Is he right?
Solomon MP Natasha Griggs holds one of the most marginal Coalition seats, so will be hoping for more prime ministerial visits – with funding attached.
AAP/Lyndon Mechielsen
Territorians will go to the polls for the next Northern Territory election only eight weeks after the July 2 election – blurring the lines between local controversies and how people vote federally.
A national housing policy is needed that recognises how all the sectors – buying, renting, investing, social housing or homeless – are connected.
AAP/Paul Miller
A decent national housing policy is not just about the million or so Australians who are in housing need, marginal housing or homeless. In reality, all the housing sectors are connected.
Scott Morrison said the government’s changes to superannuation were done in the name of fairness.
AAP/Stefan Postles
We are hearing dire warnings from property interests fighting against changes to negative gearing. But what if Labor’s proposed changes actually support demand for the flood of new properties?
The budget seems to be saying to people with taxable incomes of less than $80,000 – if you want to pay less tax, get yourself a negatively-geared property investment.
Not just another budget, but not a plan either.
Dean Lewins/AAP