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.
Topic: News
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
Australian Institute for Progress calls for adult discussion on nuclear energy
As a Queensland-based institute we are frankly appalled at the opposition to nuclear of the Steven Miles’ state government, and the David Crisafulli opposition. Neither is showing any leadership
Future Made in Ontario not Australia
Ontario Power Generation has just finished Phase I of a small modular reactor at its Darlington site in Clarington on time and on budget, demonstrating both new nuclear builds are alive and well and small modular reactors are not a mirage, contrary to federal government claims.
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.
Ditch climate targets altogether and adopt an engineering approach to CO2 reduction
Australia’s emissions policy is being run by media release, not engineering principles and the targets that are being set will not be met, bringing the whole emissions reduction program into question, as well as the expertise of those proposing it.
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%.
Thank you to state treasurer for detailed analysis of our submission, but he made some mistakes
Australian Institute for Progress thanks State Treasurer Cameron Dick for drawing attention to their submission to the Parliamentary Cost of Living and Economics Committee criticising the $1,000 electricity rebate as an electoral bribe, but wishes to correct a few mistakes.
Twitter Feed
Historically Australian interest rates have been higher than US rates. Makes sense - which currency... would you rather hold. So why would you expect Aussie interest rates to dive when US interest rates are holding up. #InterestRates #RBA #housing https://data.bis.org/topics/CBPOL/tables-and-dashboards
