The Miles Government's Best Practice Industry Conditions (BPIC) sweetheart deal with the CFMEU is inflating costs on Queensland Government mega projects by $1 billion a year and helping to squeeze new home buyers out of the market.
Topic: Housing
Faster, Better, More: How to House Australia
Why it takes so long and costs so much to deliver the housing we need – and what we can do about it.
Report criticising using super for home deposits ‘deeply flawed’
The Corinna Economics report on paying for a home deposit using superannuation is convenient for the superannuation industry, but deeply flawed.
Housing affordability index Q2, 2024
The Q4 2024 Australian housing market saw a rise in both the Repayments Index and the Deposit Index after a brief decrease in the first quarter of the year. Levels are back in line with Q4 2023 and the continued upward general trend recorded in Brisbane, Adelaide and Perth more than cancels out the decreases in Canberra, Melbourne and Hobart. Sydney remained unchanged from the previous quarter.
De Brenni’s Callide C performance calls into question his ability to administer the Clean Energy Jobs Act
If the Minister cannot honestly and competently deal with the failure of a single generator unit, now offline for more than three years, how can he possibly be trusted to deal with the complexity of sectors like transport, manufacturing, agriculture and services
Crisafulli’s budget reply means we have a debate on issues, but not necessarily the right ones
Only a small part of this cost blow-out will be fixed by a regulatory review of the building industry, which, while important, will do nothing to stem the excess demand created by the government.
Government spends the smash and grab TattsLotto windfall from coal royalties to win the next election
The best predictor of future performance is past performance, and we’ve now had 9 years since Labor came to government in each of which the financial situation of the state has deteriorated.
Housing affordability index Q4 2023
It is twice as expensive to repay the purchase of a house now than for most of the last 30 years with that increase occurring in just the last 3 years since Q3 2020.
Housing affordability index Q1, 2024
Median house prices saw little movement across Australia over the first three months of this year, remaining relatively stable across all capital cities, with most movements limited to 0-2%, with the exceptions of Melbourne, where prices declined by just more than 3%, and Perth where prices increased by 5%.
Not such a capital idea – abolishing negative gearing and increasing capital gains tax will have little effect on commonwealth budget and destroy housing affordability
I'm betting the PBO has made the usual errors in their housing affordability modelling.
