The founder of a company now worth $130million says high immigration and unaffordable housing are stifling the creation of innovative businesses like his own in Australia. Tim Fung, who co-founded Airtasker where freelancers bid to do one-off jobs, said population growth and consequent unaffordable housing in Australia's major cities had consequences that went beyond the cost-of-living crisis. Sydney's median house …
In short: There's growing anxiety in some communities that the housing crisis is separating families. "I've had to rent so many different homes at such high prices, with all my children, and it's been depressing," Fran said. "And we also hear that the Northern Beaches Hospital, a lot of those nurses have to come from long distances away," Ms Scamps …
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 ABC's finance expert Alan Kohler has blamed surging immigration and tax breaks for investor landlords for housing being so unaffordable in Australia. This occurred as John Howard's Coalition government simultaneously introduced a 50 per cent capital gains tax discount for investor landlords selling property. The ABC's finance expert Alan Kohler has blamed surging immigration and tax breaks for investor …
