The latest Australian Institute for Progress Housing Affordability Index shows housing affordability improved slightly in the September Quarter, 2021. This was as a result of price falls in Melbourne, while they stayed almost stationary in Sydney.
Australia's two major cities, Sydney and Melbourne, are close to historical peaks of unaffordability, but Perth, Darwin and Brisbane are still reasonable to moderate.
Repayment affordability in cities like Brisbane, Perth and Darwin are in a band from slightly better than the average index level for the 90s to at most 12.5% worse.
If the first sign of madness is doing the same thing and expecting a different result, how are we to describe the state of mind that does the same failed policy twice as hard and expects an even better result?
The latest AIP Housing Affordability Index shows that while house prices have risen there is scope for them to rise much further before they become unaffordable, judged on an historical basis of what purchasers are prepared to pay.
We've renewed our call for first home buyers to be able to borrow from their superannuation account towards their deposit based on a new study: "Superannuation and Housing: growing the cake and eating it too".
The latest edition of the AIP’s Housing Affordability Index shows house repayments continuing to be affordable on historical comparisons, while deposits continue to be relatively unaffordable.
The Queensland parliament sits less time than any other parliament. What are they trying to hide?
What is clear is that by the end of the election, COVID-19 and the government's handling of it was the major issue for people changing their votes, as it was for Labor voters overall.
Labor has won the campaign with Annastacia Palaszczuk’s favourability increasing during the election period, and Deb Frecklington’s decreasing.