The Senate Legal and Constitutional Sub-Committee is conducting an inquiry into appropriate terms of reference for a COVID-19 Royal Commission. We made a submission.
Overall housing is now twice as unaffordable in terms of repayments, and almost as unaffordable in terms of deposits as it was in the 10 years between 1994 and 2004, which is 100 on our model. Our index for repayments is currently at 209.77 and for deposits at 191.5.
The government through the Department of Prime Minister and Cabinet is holding an inquiry into the federal government’s COVID-19 Response. The inquiry is wide-ranging, but restricted to the actions of the federal government, or the National Cabinet.
Should electricity generation targets be set into legislation, and should the same legislation centralise bureaucratic power in the minister’s office, as well as dictating exact levels of public ownership of power generators and electricity networks?
The proposed Communications Legislation Amendment (Combatting Misinformation and Disinformation) Bill 2023 is a disaster, threatening rational discussion and our democratic system, while stifling innovation and the whole process should be started again or abandoned completely.
COVID-19 presented a natural experiment to explore the benefits of a federal, rather than a unitary, system.
This was a Greens’ bill which was considered by the State Development and Regional Industries Parliamentary Committee. It was quite radical and called for NetZero by 2035 plus the banning of all fossil fuel production.
Voters are unenthusiastic about the choice between the government and the opposition and moderately unenthusiastic about the direction of the state. Cost of living is the major issue, which includes housing affordability and the cost of electricity.
The AIP Housing Affordability Index for the September Quarter 2022 has been released. It shows record repayment unaffordability over the history of the index although it is a little easier to save the deposit.
House prices could fall by somewhere between 18 and 32 percent by June 2023 according to modelling using the AIP’s Housing Affordability Repayments model.