Should Australia be the richest country in the world?
The recent Nobel Prize in Economics sheds light on Australia's biggest challenges and offers insights into whether they can be truly solved.
Topic
Housing
A collection of 21 issues
The federal government won't solve the housing crisis
Australia's housing crisis won't be solved by federal policies alone, and demand-side measures from both major parties risk pushing prices even higher, while critical supply-side barriers—like restrictive zoning laws and regulations—remain largely unaddressed.
The Greens are deeply unserious
The Labor government's potential deal with the Greens to eliminate negative gearing and reduce the capital gains tax discount may ultimately be more symbolic than effective in tackling Australia's housing affordability crisis.
Lessons from the Old Country
As Britain grapples with institutional decay and economic stagnation, Australia must learn from its mistakes—especially in housing, infrastructure, and energy—before we face the same fate.
Good intentions aren't enough
To ease the rental crisis and prevent it from happening again, governments should provide targeted assistance while focusing on increasing housing supply through planning reforms, rather than implementing well-intentioned but counterproductive policies like no-fault eviction bans.
Should we be more like Denmark?
There's a lot to like about Denmark's approach to mortgages, but transplanting it to Australia may not be optimal given our existing regulatory framework and housing policies.
Vienna's secret housing sauce
While Vienna's social housing model is often praised as a solution to housing affordability issues, its applicability to Australia is questionable due to differences in our institutions, as well as potential drawbacks in the Viennese system itself.
Is it time for housing coercion?
A more forceful, top-down approach might be the solution to Australia's housing crisis.
Australia's demographic dilemma
Australia's migration slowdown will ease housing issues but exacerbate its ageing population and fiscal problems, requiring unpopular entitlement reform and improved fertility rates to sustainably fund old-age benefits.
Cutting migration won't solve the housing crisis
Peter Dutton claims cutting migration will free up over 100,000 homes and fix Australia's housing crisis. But his numbers don't add up and the impact will likely be minimal. Dutton's playing to anti-migration sentiment rather than addressing the real policy drivers behind unaffordable housing.