Eureka Street

Keywords: Housing Crisis

ECONOMICS

What happened to the great reset?
- David James
- 10 October 2023
1 Comment
As Western economies grapple with soaring inflation rates, the once steady financial landscape is shifting, revealing looming challenges beneath mounting global debt. Amid 'Great Reset' calls, many face an uncertain future where the true cost of living is set to be redefined.
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AUSTRALIA

HAFFing and puffing
- Peter Mares
- 21 September 2023
2 Comments
Will the Housing Australia Future Fund make a dent on Australia’s housing crisis? After a political tug-of-war, the government's ambitious $10 billion Housing Australia Future Fund (HAFF) has passed parliament, promising tens of thousands of new homes. But with over 170,000 households on social housing waiting lists and a skyrocketing rental market, the question remains: is the HAFF enough?
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AUSTRALIA

Changing the housing story
- John Falzon
- 21 September 2023
3 Comments
In the face of Australia's pressing housing crisis, is the solution merely a question of funds, or does it demand a deeper overhaul? Many are calling for a transformed government role, one that abandons the shackles of neoliberalism, prioritises social infrastructure, and champions the collective good over select interests.
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AUSTRALIA

On housing bubbles
- David Halliday
- 01 September 2023
Australia's housing market trembles as homeowners confront rising interest rates and mortgage defaults surge. Predicted by some a decade ago, this shift stems from years of speculative investing and homes transforming into commodities. The challenge now: can policymakers balance housing affordability without destabilising the market's value?
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AUSTRALIA

No place like home – no home at all
- Andrew Hamilton
- 09 August 2023
7 Comments
The crisis of homelessness is no longer distant; it's a grim reality affecting friends, families, and even white-collar workers. As housing costs soar, a report paints a bleak picture with the demand for accommodation skyrocketing. This Homelessness Week, the question is not just how we define homelessness, but how we respond to its profound impact.
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AUSTRALIA

What can we expect of a progressive government?
- Anthony N Castle
- 02 August 2023
6 Comments
Despite a decisive electoral shift and promises to solve generational crises in housing, climate, and the cost-of-living, the change many longed for seems slow under Labor. What can be realistically expected from a government with a mandate for change, yet wrestling with complex problems that defy simple solutions?
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AUSTRALIA

The Robodebt reckoning
- Mark Gaetani
- 02 August 2023
5 Comments
Despite causing despair and even leading to lives lost, those who orchestrated Robodebt from 2015 to 2019 appear unrepentant. Yet one fact remains unchallenged: this scheme lays bare a troubling disregard for the dignity of the most vulnerable in society.
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AUSTRALIA

Bricks n' Oughta
- John Falzon
- 18 July 2023
5 Comments
Amid Australia's unprecedented housing crisis, there's an urgent need for increases in social housing. However, political wrangling hampers the progress of crucial legislation. With 640,000+ Australians facing housing stress, advocates stress the need for immediate action as a starting point towards comprehensive reform that treats housing as a basic human right.
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AUSTRALIA

Older women caught in homelessness crisis
- Jennifer McVeigh
- 25 May 2023
4 Comments
A rapidly growing cohort of homeless women over 55 has become the new casualties of Australia's housing market. With skyrocketing rents, an entrenched gender pay gap and inadequate pension funds, older women are slipping through the cracks owing to a tangle of systemic failures.
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AUSTRALIA

Budget leaves low-income earners in poverty
- Tom Barnes
- 18 May 2023
1 Comment
The Albanese Government's second federal budget falls short in addressing Australia's cost-of-living crisis, with proposed measures deemed inadequate for those most vulnerable. This lacklustre response raises questions about the government's commitment to uplift those affected by the crisis.
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AUSTRALIA

Remembering the people represented by a percentage point
- Joshua Lourensz, Vin Martin
- 15 May 2023
2 Comments
Budget papers reveal an expected rise in the unemployment rate from 3.5 per cent to 4.25 per cent by June 2024. While the increase is portrayed as modest, it translates to an additional 144,900 people becoming unemployed. The focus must remain on the human stories behind the numbers during this uncertain period of economic recovery.
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ECONOMICS

The debt crisis we all saw coming
- David James
- 03 April 2023
As the collapse of Silicon Valley Bank, Signature Bank, and Credit Suisse poses a renewed threat to the global financial system, the question arises: how can we manage out-of-control debt? With global debt exceeding 230 per cent of GDP, could nationalising banks be the solution to the ongoing crisis, or will the debt merry-go-round continue to spin out of control?
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Keywords: Housing Crisis