Tag Archives: negative gearing

Making Housing Affordable Series. NED CUTCHER. Running the private rental market at a loss, for profit

Understanding how unaffordable housing affects renters is increasingly important, since more Australians can expect to rent for longer. How do negative gearing and the capital gains tax discount affect affordability, amenity and security for renters? Encouraging “mums and dads” to … Continue reading

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Making Housing Affordable Series. JOHN DALEY, BRENDAN COATES AND TRENT WILTSHIRE (1). Why should we care about housing affordability?

Housing affordability includes a grab-bag of concerns: less money to spend on goods and services other than housing; falling home ownership rates; worsening access to jobs; increasing wealth inequality between and among generations; and increasing risks of a housing-led economic … Continue reading

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Making Housing Affordable Series. JOHN DALEY, BRENDAN COATES and TRENT WILTSHIRE (2). Sorting reality from the appearance of action on housing affordability.

Governments have raised expectations among voters anxious to see action on housing. There is no shortage of proposed policy solutions. But how do we sort the good from the bad? Many policy ideas sound good, but won’t do much in … Continue reading

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OLIVER FRANKEL. Sydney house prices – an increase of 18.9% in one year!

With only a month to go to the federal budget, the news that Sydney’s median dwelling prices rose by 18.9% in the 12 months to March is sobering. It is surely enough to jolt the Turnbull government into finally adopting … Continue reading

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ALLAN PATIENCE. Is it time to resurrect the Albury-Wodonga city plan?

The housing crisis, hitting young Australians in particular, is one of the cruelest consequences of economic rationalist policy making to which both our major political parties remain super-glued. Neither party has a clearly articulated, long-term solution to this ideologically generated … Continue reading

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MUNGO MacCALLUM. Another distraction, but what a distraction.

The starting point is putting a price on carbon – some form of emissions trading policy. But this is total anathema to the coalition party room – worse even than negative gearing. 

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NICOLE GURRAN and PETER PHIBBS. Housing policy is captive to property politics, so don’t expect politicians to tackle affordability.

Prime Minister Malcolm Turnbull’s recent warnings that house prices would fall steeply under a Labor government confirm the underlying politics of housing policy in Australia. The default position for politicians is to sound concerned about housing affordability, but do nothing. … Continue reading

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HAROLD LEVIEN. Solving our Housing Problem.

Housing investors have largely crowded out first-home-buyers from the Sydney and Melbourne housing markets. The Coalition Government has not simply failed to address this problem; its policies have been the principal cause.  

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OLIVER FRANKEL. Focusing on supply only will not solve the affordable housing crisis

There is now widespread recognition in the echelons of government, both Federal and State, that we face an affordable housing crisis. However, there is still no consensus about how to solve it.   The Coalition insists the problem can be … Continue reading

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SUSAN RYAN. Housing affordability requires immediate government action

The 2016 Intergenerational Report from Treasury predicted that by 2050 the numbers of people in Australia over 65, currently nearly a quarter of the population, will have doubled. Average age expectancy will be over 95 for women and men. Where … Continue reading

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SUSAN RYAN. Affordable housing and inclusionary zoning.

  There are recent signs that governments are belatedly starting to move on the urgent problems created by the lack of affordable housing. A variety of data sources shows that increasing numbers of people, especially older women, face homelessness. Based … Continue reading

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Negative gearing has created empty houses and artificial scarcity.

In the SMH on March 28, 2016, Laurence Troy and Bill Randolph discuss the problem of negative gearing encouraging owners to leave houses empty. In this article they say ‘At the last census there were nearly 120,000 empty dwellings in … Continue reading

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Michael Keating. The Outlook for Housing and Labor’s Tax Proposals

Since the collapse of the mining boom, housing investment has been an important driver of the Australian economic performance. Furthermore, notwithstanding the rapid growth in superannuation balances, housing still accounts for over half of the wealth of Australian households. In … Continue reading

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Trevor Boucher. Tax principles and negative gearing.

I just wish that current comment about negative gearing would pay some attention to tax principles. Tax principles? Yes, they do exist. A person who negatively gears a rental property has two objectives in mind: getting a rental return and … Continue reading

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John Menadue. Is there intergenerational theft?

Yes – there certainly is, but not in the ways that Tony Abbott and Joe Hockey suggest. In his National Press Club speech on February 2, Tony Abbott said ‘Reducing the deficit is the fair thing to do because it … Continue reading

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Debt and negative gearing

Many have grown tired of the exaggerations by the Coalition about debt and deficits. The fact is that, as least as far as public debt is concerned, we don’t have a problem. The public debt emergency is confected. Our public … Continue reading

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