Tag: housing
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Why the First Dwelling Proprietor Grant has failed as a housing coverage
If Victoria decides to scrap the primary First Dwelling Proprietor Grant (FHOG), it’ll finish a populist coverage that solely serves to “warmth up” the housing market, in line with specialists. Dr Michael Fotheringham, managing director of the Australian Housing and City Analysis Institute (AHURI), mentioned elevating costs is the legacy of the FHOG scheme. “The…
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CFMEU pushes for mining tremendous earnings tax as housing repair
Leaders on each side of the political divide have slapped down a proposal for a mining tremendous earnings tax that will fund an enlargement of the nation’s social spending packages. The highly effective Building, Forestry, Mining and Electrical Union (CFMEU) printed new figures on Tuesday suggesting the coverage might be key to fixing Australia’s worsening…
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Housing stress hits laborious as hire hikes strategy grim limits
Australian renters are feeling the squeeze as sky-high rents push the bulk into housing stress, with the state of affairs now so dangerous that specialists suppose costs may be hitting a grim ceiling. Figures revealed on Monday by advocacy group All people’s Residence discovered 4 in 5 renters have been plunged into housing stress amid…
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Vic Libs scoff as Premier Daniel Andrews switches focus from Commonwealth Video games to housing
Victorian Premier Daniel Andrews has talked up a significant shift to return within the state’s housing coverage, however the opposition has dismissed it as a distraction from the Commonwealth Video games fallout. After per week clouded by his authorities’s name to withdraw from internet hosting the 2026 Video games, the Premier and well being minister…
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Michael Pascoe: ‘I’ve discovered the lacking housing – half a century’s value’
You recognize all of the handwringing concerning the housing disaster, the claims that “it’s difficult” and that “there’s no silver bullet” and the broad resignation of not having an answer? Effectively, I’ve discovered the lacking housing and know what the true resolution is – if any authorities cares. We’ve arrived at this time housing catastrophe…
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Michael Pascoe: The Greens’ HAFF-witted bid to make an entire farce of housing coverage
“It appears like we’ve gained, lads,” England’s cricket coach, Brendon ‘Baz’ McCullum, advised his staff after it misplaced the primary Take a look at this week. “We performed all of the cricket within the sport. If it wasn’t for us, the Australians wouldn’t have even had an opportunity to win.” And if the horse that…
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Treasurers to debate housing provide, affordability
Stay The federal government will do all it may with out the help of the Greens to ship on housing provide and affordability, Treasurer Jim Chalmers says. Dr Chalmers will meet with state and territory treasurers on Friday to debate work on the nationwide housing accord – a landmark settlement to handle provide and affordability.…
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Labor particulars which states will get how a lot from $2b housing increase
Stay Prime Minister Anthony Albanese has laid out the federal government’s $2 billion funding in social housing, explaining funds be distributed to states and territories on a strictly per capita foundation. NSW will obtain the lion’s share of $610 million, Victoria will get $496m, Queensland $398m and Western Australia $209m. South Australians will see $135m…
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Labor pledges $2b further for housing as invoice stalls
Reside State and territory governments are set to obtain a $2 billion increase in funding for social housing inside the subsequent two weeks. Prime Minister Anthony Albanese will announce the Social Housing Accelerator on the Victorian Labor convention on Saturday. The transfer comes because the Greens proceed to dam legal guidelines within the Senate to…