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The Latest Breaking News from Brendan Coates

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.

ABC News

What a cap on superannuation tax concessions means for you

Changes to superannuation will crackdown on tax breaks for the wealthy, alongside a new purpose for the system.

The New Daily

Housing crisis has become 'truly national', councils and housing groups say, as they call for $400m funding injection

Councils and housing groups say the coming budget should include a $400 million boost to Commonwealth funding for housing, arguing more Australians than ever are living in cars, caravans and tents.

ABC News

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Dutton ready to fight for the super wealthy – the 0.005 per cent of Australians

“The whole idea of superannuation is it provides for people's retirement so that they can lead a dignified retirement,” Mr Dutton said.

The New Daily

What the Treasurer’s proposed cap on superannuation balances means for you

Treasurer Jim Chalmers opened the debate on superannuation reform when he released the likely wording for the objective of superannuation

The New Daily

Grattan on Friday: Defining superannuation's 'objective' should leave room for debate about its use for housing

The Albanese government is prodding the superannuation bear, which can be a dangerous beast when stirred.

The Conversation

Changes to superannuation are being floated by the federal government. Here's what's being considered

The federal government has made it clear it wants to have a conversation about changing our superannuation system. Here are some of the ideas being put forward by it and other groups.

ABC News

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Boomers, Generation X or Millennials: Who has it worse when it comes to buying a home and paying it off?

With more interest rate rises on the cards on Tuesday, and potentially later this year, the journey towards home ownership will take far longer.

ABC News

Migration system review told to abolish skilled occupations lists

The Business Council of Australia and Grattan Institute have both recommended removing the skilled occupation lists that requires prospective migrants to have skills Australia lacks.

The Canberra Times

Government eyes multimillion-dollar super accounts as ripe for reforms

Big superannuation balances of $5 million or more will be in the sights of the Albanese government next year.

The New Daily

Murray Watt says the government is providing the largest cost-of-living increase to welfare recipients in 30 years. Is that correct?

Cabinet minister Murray Watt says the government is providing the largest cost-of-living increase to welfare recipients in 30 years. RMIT ABC Fact Check investigates.

ABC News

High-density development and better rent assistance key to addressing Australia’s housing crisis, economist says

Brendan Coates warns person’s future wealth is increasingly driven by ‘who their parents were rather than their talent’

The Guardian - AU

Should the government freeze rents for two years? The Greens think it is a no-brainer, but economists are less certain

The federal Greens are calling for a nationwide two-year freeze on rent increases as part of a plan to ease pressure on tenants. But economists are warning the freeze may not be the right solution to Australia's housing crisis.

ABC News

Australia's permanent migration intake is about to climb, but there's more to it than just numbers

There are plenty of ideas on the table for next month's Jobs Summit, but there is one outcome that seems all but locked in.

ABC News

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ABC News

'Forgotten' renters hope recent federal election will turn the tide for housing policies

Rosie Wallis has been renting her entire adult life and, like many renters, she has felt neglected — politically — in a nation that tends to focus on home buyers.

ABC News

Michael Sukkar says Coalition policies have pushed first home buyers to their highest levels in 15 years. Is that correct?

Housing Minister Michael Sukkar says the Coalition is responsible for getting the level of first home buyers to its highest in 15 years. RMIT ABC Fact Check runs the numbers.

ABC News

Intergenerational inequality to rise as tax and welfare perks target older voters, experts warn

Benefits available to older, wealthier people are outweighing the support given to younger people, with election policies from both major parties set to worsen the situation, according to experts.

ABC News

Government minister admits first home buyer policy would push up house prices, PM says other policies would balance it out

Jane Hume concedes the policy would see house prices increase "temporarily", something economists and the opposition are warning will happen.

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The New Daily

Paul Keating attacks Coalition’s super for housing policy as economists warn of soaring prices

A Coalition plan to allow first-home buyers to use their superannuation to buy property has been slammed by Paul Keating as a "frontal assault" on super.

ABC News

What the median rental price can actually get you in Australia’s capital cities — and how it compares to other countries

The median rental price for a house across Australia's capital cities hit a new record high in the first three months of this year. But it's not just Australian's bearing the brunt of soaring rental costs.

ABC News

'This is not a death tax': Coalition claims on Labor housing scheme fall flat with experts

Aspects of Labor's newly unveiled affordable housing scheme have been likened to a "death tax", but tax specialists have shot down those suggestions.

The Guardian - AU

What are the differences between the major parties’ homebuying policies this election?

Coalition spruiks exisiting Home Guarantee scheme, while Labor promotes ‘shared equity’ program

The Guardian - AU

Buyers warned about rushing into government’s First Home Guarantee scheme

Predicted rate rises and falls in property values pose risks to those considering loans with a 5% deposit, experts say

Tribune News Service

Australian prime minister bets on strong economy for reelection as inflation concerns grow

SYDNEY — Prime Minister Scott Morrison has put economic stewardship at the center of his bid for a come-from-behind win in Australia’s May 21 ballot.

ABC News

Concern $250 budget payment won't be enough to properly address cost-of-living pressures for low-income Australians

This week's budget included a new one-off payment to help with the rising cost of living. Australians on low incomes feel it won't help them in the long term.

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