The problem with the current rezoning approach is that it leads to huge windfall profits and developments aimed at the upper end of the market.
AAP
November 23, 2016
Laurence Troy , UNSW Sydney ; Dallas Rogers , Western Sydney University ; Emma Power , Western Sydney University ; Hal Pawson , UNSW Sydney ; Kurt Iveson , University of Sydney ; Louise Crabtree-Hayes , Western Sydney University ; Michael Darcy , Western Sydney University , and Peter Phibbs , University of Sydney
The community needs affordable housing and that requires meaningful targets for new developments. The only ones who will lose out are landholders who make windfall profits from rezoning.
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Recently I got told this joke. Two economists are having lunch. One of them has to make a decision about changing jobs, moving cities, disrupting his family and so on. What should he do, he asks the other…
Unequal access to housing has considerable long-term effects far beyond just property ownership.
Lukas Coch/AAP
New research finds higher property prices are associated with higher household income and spending inequality.
Evening Teatime/Flickr
We have got stuck in a rut. Every month we explain away changes in retail spending with a lazy look to the skies.
Australian businesses should learn from the example of Brexit and wait to act.
Toby Melville/Reuters
Australian businesses should wait and rethink long term strategies in response to Trump’s election in the US.
Donald Trump’s fiscal policies will struggle to meet both his rhetoric and his supporters’ expectations.
Joshua Roberts/AAP
Trump’s trickle-down economic ideas to cut taxes and invest in infrastructure may not go to plan. So it’s not the type of fiscal policy leadership the world needs.
Australia and Poland could adopt similar policies to protect against economic shocks from China and the EU, respectively.
Kacper Pempel/Reuters
Business Briefing: what Australia can learn from a Polish economist
The Conversation 20.1 MB (download)
Visiting Professor Andrzej Rzonca from the Warsaw School of Economics is in Australia to talk about growth, the European Union, Brexit and much more.
Cyrus Mistry pictured leaves after a meeting in Mumbai, Oct 26.
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Theresa May was supposed to meet with bosses of the Indian conglomerate, but an age-old issue with the family firm has got in the way.
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The ride-sharing app means different things in different countries. In Karachi and Lahore, it has highlighted economic inequalities.
Chinese premier Li Keqiang and Russian prime minister Dmitry Medvedev shake hands at a Shanghai Cooperation Organisation meeting, which will help facilitate transparent economic cooperation between Asian countries.
China Daily Information Corp/Reuters
China will have to play by international rules on transparency and accountability if it wants to secure its place as a leader for economic development in Asia.
Seems those sharp fangs worked.
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‘Trick or treating’ typically involves demanding candy under the threat of mischief. But is there a better way to maximize your candy haul on Halloween?
Private developers in China have been increasing their debt levels, research shows.
Reuters
China’s private property market is to blame for rising debt, not government owned or controlled businesses, new research shows.
Labor’s Chris Bowen says Australian workers are doing it tough.
AAP Image/Tracey Nearmy
Shadow treasurer Chris Bowen said Australian wages growth is at record lows. Is that true?
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Fresh thinking is needed and women’s voices must no longer be excluded
A protester jumps over a wall erected at Washington State University.
AP
Spending more on border control hasn’t stopped migrants from crossing the border. Neither will a wall. Here’s why.
We shouldn’t dismiss the possibility of a Trump victory and its effects on the global economic landscape.
Jonathan Ernst/Reuters
A Trump victory in the US presidential election is unlikely, but then again, so was Brexit. If he does get elected, there may be severe economic and financial consequences.
Scott Morrison spoke to the Urban Development Institute of Australia on housing affordability.
Dan Himbrechts/AAP
A panel of experts on housing respond to Treasurer Scott Morrison’s speech on improving the supply of housing in Australia.
Skilled migrants still make up a very important part of the Australian workforce.
David Gray/Reuters
The government needs to change conditions for migrant workers to secure Australia’s economic future, a new report finds.
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Hart and Holmström changed the way we think about corporate governance.
The RBA noted the forecast large increases in supply in some inner-city apartment markets as a concerning risk.
Mick Tsikas/AAP
There are still a number of factors pointing to the risk in Australia’s housing market that the Reserve Bank hasn’t noted in its latest risk analysis.