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The Latest Breaking News from Brendan Coates

'Gone backwards': Hopes fund can revive home-building

A $900 million fund has been welcomed by economists hopeful it will modernise the construction industry where productivity has been flat for three decades.

AAP

Nimbys v Yimbys: the affluent inner Melbourne suburbs that aren’t pulling their weight on housing

Exclusive: Housing advocacy group says amenity-rich eastern suburbs must be rezoned to accommodate thousands of new homes

The Guardian - AU

Stamp duty: would Victoria be better off with a land tax instead?

As the state government considers reforming its contentious stamp duty, here are the benefits and pitfalls of replacing it with an annual tax

The Guardian - AU

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Coalition looks to expand super for housing policy to include mortgage offset, Andrew Bragg says

Shadow home ownership spokesman dismisses claims policy would inflate house prices as ‘rubbish’, and says opposition will consider how to ‘coerce’ development

The Guardian - AU

'No silver bullet' for housing crisis, experts warn

Australia needs to build more than one million homes over the next five years, but experts and politicians are divided on how to get there.

AAP

Older Australians may win big from homebuyer scheme

Australians expected to retire in the next decade could avoid the renting on a pension thanks to the government's first homebuyer scheme.

AAP

‘Nowhere else to go’: protesters rally in support of Brisbane woman refusing to leave rental home of 22 years

Stephanie Cridland’s story of no-fault eviction one of many as renters’ advocates raise concerns amid growing housing crisis

The Guardian - AU

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Cost of negative gearing and other rental deductions soaring, Australian Treasury data reveals

The latest ranking of revenue foregone shows the usual suspects topping the list

The Guardian - AU

The Greens will play hardball with Labor on its next housing scheme. Albanese must offer sweeteners

Labor passed HAFF after a terse standoff between Albanese and the Greens. Any future housing reform will be even harder for the government to achieve without concessions.

Crikey

Cost overruns threaten to define Jacinta Allan’s premiership as Victoria’s ‘big build’ faces huge budget blowouts

State’s infrastructure spending under scrutiny as some analysts say government is fuelling construction market price rises

The Guardian - AU

Can we curb our reliance on foreign students? Here are three reasons why not

Foreign graduates in Australia are more likely to end up in low-skilled, low-paid jobs, and that’s just the way business likes it.

Crikey

Will we curb our reliance on foreign students? Here are three great reasons why we won’t

Foreign graduates in Australia are more likely to end up in low-skilled, low-paid jobs. But that’s just the way business likes it.

Crikey

Melbourne city moves towards limiting short-stay rentals such as Airbnb

City of Melbourne council approved in-principle regulations on short-stay rental accommodation on Tuesday night, with a view to combating the housing crisis

The Guardian - AU

International students given grace period on working hours argue for the change to stay

Amid a cost-of-living crisis, international students in Australia will soon be forced to cut their working hours as previous rules put on hold to address labour shortages are reintroduced.

ABC News

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ABC News

When fearful migrant workers are exploited, all Australians cop lower wages, advocates warn

When migrant workers get exploited, all Australians pay the price with potentially lower wages. The federal government is looking to reform visa rules to make it easier for vulnerable migrants to speak out.

ABC News

One in six migrant workers are 'exploited', but many Australians are also paid below the national minimum wage

One in six migrants are paid less than the national minimum wage and the exploitation is also undercutting local workers, according to a new report by the Grattan Institute.

The New Daily

Financial clout in the superannuation sector is changing

The superannuation world is splitting in two with big industry super funds increasingly dominating in terms of asset base

The Guardian - AU

Housing advocacy groups fear Labor-Greens clash could scuttle $10bn fund

Adam Bandt warns it will be ‘terrible’ if Labor forces vote on bill, as campaigners urge it to renegotiate

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The Guardian - AU

Rental crisis: Airbnb and holiday home owners urged to let out properties to long-term renters

Thousands of homes across Australia are listed on short-stay websites but councils’ call to action is ‘piecemeal approach’ to housing crisis, experts say

The New Daily

Increase GST rather than change tax on super, expert says

Proposed changes to super pension payments have been questioned by some experts, who say more comprehensive tax reform would be better.

The Guardian - AU

Super tax breaks costing $45bn a year are ‘inheritance schemes’ for Australia’s rich, new report says

The Grattan Institute report recommends 10 changes to superannuation taxation that could save the budget billions a year

The Guardian - AU

Queensland government faces backlash over move to consider rent caps

Comments by Annastacia Palaszczuk on limiting rent increases have been praised by some economists and panned by the real estate sector

The Guardian - AU

Perrottet’s future fund for children risks increasing poverty divide, social advocates say

Benefit will depend on how much parents can afford to contribute, with wealthier families getting ‘an extra leg up’, critics say

The Guardian - AU

Interest rate rises: is there a less painful way to curb inflation?

The Reserve Bank of Australia’s monetary policy has been criticised as unfair and ‘too blunt’. But what are the alternatives?

ABC News

You can use superannuation to pay a mortgage, but there are hurdles to clear first

Australians are withdrawing hundreds of millions of dollars in superannuation to pay their mortgages, but some still fear it won't be enough to stop them losing their homes.

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Annastacia Palaszczuk

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