The numbers of buyers able to celebrate moving into their first home are still well down on pre-GFC levels – and low-income renters are faring even worse.
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Housing policy is a stark point of difference at this election. While the government took promising steps to set up social housing finance, it has yet to give any sign it will finish what it started.
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 Turnbull government’s line that supply is the key to affordability finds little support among housing experts.
Dan Himbrechts/AAP
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 says the response on housing must be comprehensive.
Dan Himbrechts/AAP
Scott Morrison will renew his warnings against tampering with negative gearing, in a speech on Monday.
Many of the economists argued that the principle of the CGT discount is not a bad policy, however the level of the discount is generous and is open for abuse.
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The Economics Society of Australia (ESA) Monash Forum polled economists on whether capital gains tax deductions for housing investment should be removed.
Assets held until the retirement phase in super, can then be sold with no, or minimal, capital gains tax payable.
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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.
Was Bill Shorten right about federal government spending on negative gearing and capital gains tax concessions?
Q&A
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?
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.
About a third of property investors are positively geared.
AAP Image/Dave Hunt
Prime Minister Malcolm Turnbull has warned that Labor’s negative gearing policy would deliver “massive shocks” to the residential housing market and drive all investors away. Does that claim stack up?
The release of the defence white paper this week revealed plans to substantially increase Australia’s military spending over the next two decades.
Malcolm Turnbull and Kelly O'Dwyer this week made contradictory comments about the effects of implementing Labor’s capital gains tax reforms.
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The Turnbull government desperately needs a circuit breaker. It is in an appalling mess over tax policy and it can’t afford to wait until the budget to have it sorted out.
The Labor has tackled negative gearing reform first.
AAP/Mick Tsikas