The Coalition’s plan to allow Australians to use their super for housing would disproportionately help wealthier people buy more expensive homes.
Migration was expected to bounce back once Australia’s borders reopened,but it’s run far stronger than anyone imagined.
The Australian graduate visa system is delivering perverse outcomes. The government needs to reverse course,and quickly.
Only when housing is plentiful will it also be affordable. So we need to build more dwellings where people want to live.
The Albanese government should do more to rein in excessively generous super tax breaks,so the burden of an ageing population can be shared fairly between young and old.
Everyone now seems to agree that stamp duty should go. But until we agree what tax should replace it,stamp duty won’t be going anywhere.
The federal and state governments need to urgently step up to ensure regional Australians can afford to rent a home.
If neighbours can’t be confident that new apartments will be well-designed and well-built,it’s no surprise that they lodge objections.
Getting super funds invested in Australian housing is a good idea. But governments - state and federal - need to work together to make it sufficiently attractive.
It’s a matter of simple logic that increasing the population without building more housing will worsen our housing affordability woes.
It’s a common barb that newer generations are struggling with home ownership and housing costs because of profligate spending,on smashed avos and the like. But what millennials are spending much more on is housing,simply because houses are so much more expensive.