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As house prices soar, half the nation finds itself locked out of the property market. In conversation with Eureka Street, Alan Kohler untangles the web of tax incentives, population pressures, and government policies fueling the housing crisis to discover why, despite public outcry, solutions remain frustratingly out of reach.
Soaring property prices and declining fertility rates are entwined in a feedback loop, threatening long-term economic stagnation. As younger Australians are priced out of the market, many are delaying or forgoing parenthood, leading to an increasingly divided and unsustainable society.
Australia’s housing crisis is increasingly seen as a byproduct of system rigged for the wealthy, while ordinary Australians grapple with debt and rising costs. As home ownership becomes increasingly out of reach, it's time to rethink housing as a right, not just a means of wealth accumulation.
The Parliamentary Budget Office has unveiled the staggering cost of Australia's negative gearing and capital gains tax policies. As the housing affordability crisis deepens, critics question whether politicians' personal interests are hampering reform in a nation where one in five taxpayers owns investment property.
With soaring housing costs and dwindling support services, homelessness is no longer just a problem for the marginalised – it's ensnaring the elderly and working poor. In the current housing crisis, homelessness services are overwhelmed, and sadly cannot respond to the increased demand.
With homelessness rising and housing affordability plummeting, Independents propose a radical solution: a National Housing Plan. In challenging both major parties, can they create a system that provides a roof over the heads of all Australians?
The Labor government’s plans for managing overseas student numbers seem to be heavily influenced by the belief that these students are at least partly responsible for hikes in rents, housing shortages, and pressure on infrastructure.
The ABC’s recent Q+A housing special left many questions unasked and unanswered. Labor, Coalition and Green MPs all say they want more people to be able to buy their own homes. The most obvious way to achieve that would be to reduce the price of housing. Yet no politician will make that an explicit policy aim.
Much of the discussion about tax reform is about the mechanisms of collection; around changes to things like negative gearing, stamp duty, land tax, capital gains tax, and superannuation. But what is missing is a statement of values about what we expect our tax system to fund.
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.
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?
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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