Alan Kohler investigates Australia’s housing crisis and what can be done to fix it
1 month, 2 weeks ago

Alan Kohler investigates Australia’s housing crisis and what can be done to fix it

ABC  

ALAN KOHLER, REPORTER: Australia’s housing crisis is the result of decades of failure by the nation’s political classes. ALAN KOHLER: It’s my view John Howard did more than anyone to make housing unaffordable through reforms like cutting capital gains tax in half. ALAN KOHLER: As day breaks, buyer’s agent Bianca Field is already helping Sydney residents find housing within that sweet spot. ALAN KOHLER: Many here agree that infrastructure hasn’t kept pace PRAGNESH SHAH: There is only one hospital for the whole area. ALAN KOHLER: More than a year after the National Housing Accord target of 1.2 million more homes in five years was struck, approvals are running well behind what’s required.

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History of this topic

How Australia's housing market spun out of control — and what we can do to fix it
2 weeks, 4 days ago

How Australia's housing market spun out of control — and what we can do to fix it

ABC  

Property investment is ingrained in the Australian psyche, but is it too easy to cast landlords as the villain in our housing crisis? The bank regulator, Australian Prudential Regulation Authority or APRA, under the leadership of Wayne Byres, threw cold water on another investor-led housing boom in the mid-2010s by using "macroprudential tools", such as limits on investor lending growth …

Housing Hostages: Australia in 2050
3 weeks, 2 days ago

Housing Hostages: Australia in 2050

ABC  

Sam Hawley: Imagine it's 2050 and the housing bubble in Australia never burst. Sam Hawley: Michael, we know the increasing cost of housing is causing enormous economic pain and really human hardship, let's face it. Michael Janda: Yeah, so Sam, it really makes us look like a lot of other developed countries, particularly ones that have expensive housing. Sam Hawley: …

Building up or out are potential solutions to Australia's housing crisis but both come with problems
1 month, 2 weeks ago

Building up or out are potential solutions to Australia's housing crisis but both come with problems

ABC  

Since the Shah family moved in 2007 to Melbourne's outer suburb of Tarneit, its population has increased eight-fold. In response to detailed questions, the Victorian government told 7.30 it's "working to get more homes off the ground faster in areas that have been locked up for far too long". "The missing middle is anything really between a suburban quarter acre, …

Australia's housing crisis laid bare as single mums reveal their desperate efforts to keep a roof over their families' heads
7 months, 1 week ago

Australia's housing crisis laid bare as single mums reveal their desperate efforts to keep a roof over their families' heads

Daily Mail  

This video is no longer available This video is no longer available Two Aussie single mums have revealed the turmoil of being priced out of a skyrocketing housing market. And they aren't alone in the struggle, with a growing number of Aussies struggling to ensure a roof over their families' heads as the national housing crisis worsens. Single mother-of-three Kaitlyn …

Aussie astronauts, gaming hubs, and unlikely housemates
7 months, 1 week ago

Aussie astronauts, gaming hubs, and unlikely housemates

ABC  

The Bright Side shines a light on stories of hope and problem-solving people around Australia. Each week Sabra Lane brings you good news stories about people who are trying to make a difference in the world. In this episode: Astronaut Katherine Bennell-Pegg may one day rocket through the glass ceiling of Australia's space industry, but until then she's doing important …

Australia's housing crisis impacts regional refugee communities
7 months, 3 weeks ago

Australia's housing crisis impacts regional refugee communities

ABC  

Refugee Khorsand Yousofzai vividly remembers the day he fled Afghanistan, leaving behind his family and the career he built in professional soccer. His mother Deeba, a physics professor who previously worked for the Women's Affairs Ministry in Afghanistan, said they were "not looking for a palace … just enough rooms". "We frequently see landlords say only two people can live …

Housing crisis forces young Aussie friends to pool their savings together to buy a unit
9 months, 3 weeks ago

Housing crisis forces young Aussie friends to pool their savings together to buy a unit

Daily Mail  

Exorbitant housing costs have forced two mates to pool their savings together just for the chance to buy a property. A pair of young Aussie mates, Oliver Pratt and Chris Bryant, have been forced to pool their savings for a chance to buy a home, albeit with a split mortgage Their battled to by a home comes as Brisbane has …

Greens MP Max Chandler-Mather and NSW Labor minister Rose Jackson make extraordinary comments on ABC Q&A about Australia's housing crisis - and they will anger many Aussies
1 year ago

Greens MP Max Chandler-Mather and NSW Labor minister Rose Jackson make extraordinary comments on ABC Q&A about Australia's housing crisis - and they will anger many Aussies

Daily Mail  

Greens and Labor politicians in charge of their parties' housing policies have denied record-high immigration levels are to blame for Australia's home affordability crisis - contradicting the views of some of the nation's most respected economists. NSW Labor Housing and Homelessness Minister Rose Jackson suggested concern about high immigration was an obsession for conservative political commentators on Sky News. Ms …

The insane amount of tradies needed for Albo to meet his farcical goal of 1.2million new homes in the next five years - and the 'solution' that's only going to make the housing crisis WORSE
1 year ago

The insane amount of tradies needed for Albo to meet his farcical goal of 1.2million new homes in the next five years - and the 'solution' that's only going to make the housing crisis WORSE

Daily Mail  

Australia needs 90,000 more tradies in the next 90 days in order to meet the Albanese government's 'impossible' new goal to build 1.2million new homes in five years, the building industry has warned. BuildSkills Australia conceded its target of 90,000 tradies within 90 days is unrealistic The national housing crisis has resulted in the rise of pre-fabricated homes which are …

Proof Australia's rental crisis is getting worse as living costs soar across the country
1 year, 1 month ago

Proof Australia's rental crisis is getting worse as living costs soar across the country

Daily Mail  

Share house living is growing as the rental market remains tight and high living costs prod home owners to rent out their spare rooms. Online share accommodation site Flatmates has recorded an 18.8 per cent increase in new listings since this time last year, but even with that boost, demand for rooms is still dramatically outpacing supply. Demand for rooms …

As a new parliamentary year gets underway, the housing crisis remains a powerful vote driver
1 year, 1 month ago

As a new parliamentary year gets underway, the housing crisis remains a powerful vote driver

ABC  

Political momentum has ebbed and flowed in the first fortnight of parliament for the year. Amidst the parliamentary ping-pong between Labor's hard-sell of its tax cuts and the Coalition's alarm at convicted immigrants on the loose, it's become clear all sides are keeping a close eye on another issue which could prove to be a far more powerful vote driver: …

The National Housing Conference in Brisbane has wrapped. Experts say solving the housing crisis could take decades
1 year, 5 months ago

The National Housing Conference in Brisbane has wrapped. Experts say solving the housing crisis could take decades

ABC  

A national summit addressing the housing crisis has heard successive governments are to blame for getting Australians to this "flash point", and it could take up to 20 years to fix the problem. But while there was no "silver bullet" on offer, the three-day National Housing Conference in Brisbane ended with five possible solutions to find "a way forward" – …

National Cabinet is turning its attention to Australia's housing crisis — and an important shift could be coming
1 year, 7 months ago

National Cabinet is turning its attention to Australia's housing crisis — and an important shift could be coming

ABC  

A staple of debates about housing affordability in Australia over at least the last four decades has been lack of housing supply. It will consider both the rental market and housing supply in the broad, amidst continuing pressure from the Greens — who have been trying to leverage their refusal to support the government's housing fund to gain federal interventions …

More Australians forced out of homes as rental housing affordability crisis rages on, Anglicare report shows
1 year, 11 months ago

More Australians forced out of homes as rental housing affordability crisis rages on, Anglicare report shows

ABC  

At the age of 58, Dawn Dowling never thought she'd be stuck packing her belongings into storage and moving in with a friend. Key points: Anglicare's annual rental affordability snapshot was published on Thursday It examined how many properties were affordable for 14 different types of households There are calls for the government to use legislation to ease the crisis …

It's touted as one solution to Australia's housing crisis, but what is build-to-rent? And can it live up to the hype?
1 year, 11 months ago

It's touted as one solution to Australia's housing crisis, but what is build-to-rent? And can it live up to the hype?

ABC  

Australia is in the grip of a housing crisis, hit by rising rents and falling vacancy rates. A newly released Ernest & Young report, commissioned by the Property Council of Australia, says that support for build-to-rent housing could result in an additional 150,000 homes over the next 10 years. "To offer more housing choices and affordable options to Australians, we …

Do politicians even want to revive the Australian dream of home ownership?
2 years, 10 months ago

Do politicians even want to revive the Australian dream of home ownership?

ABC  

Who should we believe? "The 1940s to 1970s era generated the 'Australian dream', with home ownership levels reaching in excess of 70 per cent," it said. Well, the researchers said the declining rate of home ownership among millennials and younger age groups would guarantee that Australia's historically-high rate of home ownership would drop away. It said policymakers had put Australia …

Experts say this is what Australia needs to do to solve the housing crisis
4 years, 1 month ago

Experts say this is what Australia needs to do to solve the housing crisis

ABC  

What can we do with Australia's property market, with soaring prices and rental shortages in many regional areas of Australia, from WA's Pilbara to Hobart in Tasmania? Key points: Experts warn housing inequality and intergenerational poverty is increasing in Australia They say urgent action is needed to mitigate the COVID-led crisis in housing There are calls for a national housing …

Young Australians better off renting than buying a home, says economist Chris Richardson
7 years, 11 months ago

Young Australians better off renting than buying a home, says economist Chris Richardson

ABC  

Young Australians would be better off renting than trying to purchase a property given record prices in capital cities, according to one of Australia's most respected economists. "The one bit of advice I give to young Australians amid our housing market right now is: don't buy," he said. Mr Richardson said capital gains tax discounts were "too big", and tinkering …

Australia's almost a world leader in home building, so it won't fix affordability
8 years ago

Australia's almost a world leader in home building, so it won't fix affordability

ABC  

Politicians and the powerful property lobby continue to argue that building more houses is the solution to Australia's chronic affordability problems. Demand drives supply In a market-driven housing system, price stimulates new housing supply. First, demand-side measures need to be better targeted to stimulate investment in new supply, particularly affordable rental housing, rather than simply fuelling demand. A bigger community …

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