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.
Topic: News
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.
Commonwealth Budget 2024
With the COVID policy settings in the rear view mirror a good government would be trying to return us to back to the status quo ante, at the very least, but this is not a good government.
Nuclear scare campaign threatens sensible energy transition
We support abolition of the bans on nuclear power production, and a sensible integration of nuclear into the network, with the most likely use being to replace coal-fired power stations.
Support for Queensland Chief Health Officer
The Australian Institute has defended Queensland's Chief Health Officer Dr John Gerrard from criticism over some of his comments about COVID-19 and welcomed the support he has received from the Health Minister.
PsiQuantum investment for speculators, not the Australian government
It is one thing for a country to target the bio-medical industry, as Australia has successfully done, but an entirely different thing for it to put its money into a particular entrepreneurial enterprise.
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
