The call by Brendan Coates, the economic policy director at the Grattan Institute, for concrete measures to address the housing crisis is timely and should be taken up. The cost of housing is the single biggest factor behind a lowering of living standards across Australia. There is no chance of a better tomorrow without overcoming this crisis. Continue reading Creating housing affordability means proper funding of housing alternatives
House prices are soaring across Australia, increasing in some places by up to 20 percent of pre-pandemic levels. Rents have risen by more than 8 percent. Rising inflation and interest rate have not worked to change the trend. Continue reading Affordable housing can be created with a multipronged approach
House prices are soaring across Australia, increasing in some places by up to 20 percent of pre-pandemic levels. Rents have risen by more than 8 percent. Rising inflation and interest rate have not worked to change the trend. Continue reading Affordable housing can be created with a multipronged approach
An Australian Council of Social Service (ACOSS) survey has shown that 96 percent of those on Centrelink payments say they are struggling harder under the lockdowns. Most have had no government assistance this year. As the gap between income and the cost of housing continues to widen, a worrying 41.5 percent say they are at risk of homelessness. Continue reading Centrelink payments must rise to avoid a looming poverty crisis
According to the Reserve Bank of Australia. Australian house prices are set to continue rising and are expected to go up by 10 percent this year. February recorded the biggest price rise for a moth in the last 17 years. Continue reading Measures to bring down the cost of housing are needed
Speculation about the future of Australia’s housing market is gathering a head steam. Financial analysts and commentators are arguing about whether it is going to go down with a whimper or crash. The truth of the matter is that the outcome is not entirely predictable. Continue reading Is there going to be a housing crash or not?
The demonstration on Friday 2 March 2018 outside the Minister for Housing, Martin Foley’s electorate office was well attended by public housing tenants and their supporters. Continue reading Public housing campaigners front up to Minister’s office
