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The Latest Breaking News from Brendan Coates

Liberals should become ‘party for first home buyers’ and cap negative gearing, former MP says

Keith Wolahan says Liberal party is failing to ‘meet the needs of today’s Australia’ and must change to appeal to younger voters

The Guardian - AU

Scaling back the capital gains tax discount might not help housing affordability – but there are still good reasons to do it

There is a profound inequity when it comes to tax breaks for investors. Reform could boost the budget bottom line and help renters trying to buy property

The Guardian - AU

Melbourne is in the middle of a housing revolution – have the yimbys already won?

Advocates say even they are surprised by Allan government’s embrace of higher density housing, but warn construction costs risk city becoming ‘victim of its success’

The Guardian - AU

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No smoking gun to link deposit scheme, home price spike

Lower-end homes outperformed the rest of the market in October, but it's difficult to directly connect it to the government's expanded deposit guarantee scheme.

AAP

Push for standard zoning as housing crisis stacks high

More people might be buying their first home, but a report into the country's housing crisis says without radical planning reform the stock will dry up fast.

AAP

Australian homes could be $100k cheaper in 10 years with one change to zoning rules, report finds

Allowing three-storey townhouses and apartments to be built across all residential land would unlock more than 1m homes in Sydney alone, according to modelling

The Guardian - AU

Labor’s first home buyers scheme a ‘backwards step’ likely to push prices higher, experts warn

Treasury estimates new policy will only add 0.5% to home prices over six years, but some experts disagree

The Guardian - AU

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Labor has promised 1.2m new homes in its second term. Is it possible?

Experts weigh in on what Australia needs to change to get more houses, more quickly – from fixing a 2,000-page code, to backing modular builds

The Guardian - AU

Dutton says Labor’s super plan is a ‘quasi inheritance tax’. What’s going on?

Many countries impose a form of inheritance tax on deceased estates, but does Albanese’s policy fit the bill?

The Guardian - AU

Peter is barely scraping by on jobseeker. Experts think this is going to be an election issue

Being poor in this country is getting harder, 62-year-old South Australian says, as two major reports call for the jobseeker rate to be lifted

The Guardian - AU

Retiring renters face homelessness as ownership falls

As home ownership falls, rents grow and the cost of living continues to surge, older renters will need more help when they enter retirement, a report has found.

AAP

Lifetime pensions urged to make super system easier

A report has called for retirees to be able to buy a lifetime annuity from the federal government to boost their super balance.

AAP

'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

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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

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

AAP

'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.

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The Guardian - AU

‘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

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

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

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

ABC News

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

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.

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