This year has seen the end of Sydney and Melbourne’s extraordinary house price growth. The slowdown in the two biggest markets meant May was the first month national house prices fell since December 2012. Dwelling price data from property research centre CoreLogic shows Sydney’s median home price fell
One key policy area this election is the ever-popular subject of housing. What policies are being offered by the major parties in 2016? Here’s a brief summary. Labor Labor’s policy on housing affordability comprises two parts: changes to negative gearing tax concessions, and changes to the capital gains
While it has faded amongst the haze of the US primaries, the Panama papers and more recent tax debates, something remarkable happened on February 13th. Labor Opposition Leader Bill Shorten unveiled sweeping proposed changes to negative gearing and capital gains taxation as part of the party’s 2016 election platform.
This week in economic news, a number of global banks have plead guilty to criminal charges, paranoia builds in regard to the housing bubble, Joe Hockey endorses a land tax and the relevance of mathematics to macroeconomic theory is questioned. How ‘Mathiness’ Made Me Jaded About Economics — Noah Smith Noah
In my previous article, I outlined the economic conditions Australia faces as the mining investment boom reaches its end, and how strong headline indicators mask deeper structural issues with the economy. I will now take a thorough look into what these issues are and what factors are contributing to Australia’
Housing is a fundamental need, so much so that it was included alongside food, clothing and medical care in the Universal Declaration of Human Rights. In the years since this document was written, the world has experienced both rapid population growth and urbanisation. Greater Melbourne’s population for example has