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The Latest Breaking News from Brendan Coates

First-home scheme growing fast - but for how long?

A scheme to boost property market access for first-home buyers is showing early growth, but questions still linger over its long-term impact on home ownership.

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

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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

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

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

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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

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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.

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

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.

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