Australians’ mortgage payments hit high not seen since before GFC, data shows

The average mortgage holder is parting with more than a fifth of their pre-tax income, double what they were spending in the 90s

Mortgage holders are spending well over 20% of their pre-tax income on their loans, representing one of the highest levels on record, data compiled by Commonwealth Bank shows.

It has rocketed in recent years amid rising interest rates and high living costs to a level last seen two decades ago when frothy property prices took hold before the 2008 global financial crisis.

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UK’s biggest housing association fined over four-year failure to fix window

Clarion case among several ‘severe maladministration’ examples highlighted by housing ombudsman

The UK’s biggest housing association has been fined after a watchdog found that its failure to carry out repairs to a child’s bedroom window for four years left the home mouldy and caused serious illness in the family that lived there.

Clarion housing association showed “no urgency” to fix the window, instead leaving it boarded up, despite repeated complaints from the tenant who said the mould caused his asthma to flare up and affected his son’s mental health.

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English councils to gain new powers to buy cheap green belt land

Landowners unwilling to sell would face compulsory purchase orders if site could host ‘quality housing scheme’

Councils and public bodies in England are to be handed powers to compulsorily buy cheap green belt land as part of the new Labour government’s drive to build 1.5m homes by 2030.

Green belt landowners who are unwilling to sell would face compulsory purchase orders (CPOs) that would force them to hand over their land if the site could host a “quality housing scheme” in the public interest.

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Five issues that threaten to derail the Albanese government’s plans before the next election

The PM wants the focus to be on first-term achievements and cost-of-living relief but question marks remain over religious freedoms and gambling ads

After a five-week break, the spring session of the parliamentary year is about to begin. Early election rumours continue to swirl – the “break in case of emergency” date bandied around the corridors of power remains 7 December. Calmer heads will point out that voters would only hit the polls on that date if the political situation appeared irrevocably difficult for the Albanese government, given that the last months of the year will be dominated by the US election and its outcome.

Either way, there are only nine months until the very last date the next election could be held. That doesn’t leave a lot of time for the Albanese government to complete its first-term agenda, regardless of whether it returns Australians to the polls before May. Albanese wants the focus to be on cost-of-living relief and the reforms the government has already passed through parliament, but stumbling blocks threaten to derail the agenda.

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Clare O’Neil promises ‘profound and transformative’ investment to ease housing crisis

As issue becomes major election battleground, housing minister urges Coalition and Greens to ‘be part of the solution’ amid hold-up of bills in parliament

The new housing and homelessness minister, Clare O’Neil, is “intensely concerned” about the plight of renters and has promised “profound and transformative” investment to alleviate the housing crisis.

But with implementation of Labor’s existing $32bn of commitments a priority, O’Neil is offering more continuity than change in her new portfolio, which she inherited from Julie Collins in the July reshuffle.

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Record homeless figures in England prompt calls to tackle ‘national scandal’

Latest housing data show 151,630 children in temporary accommodation – the most since records began

More than 150,000 children in England are living in temporary accommodation, prompting calls for the government to address what it calls a “national scandal”.

Living in temporary accommodation is considered a form of homelessness and can involve people staying in hostel or bed and breakfast (B&B) accommodation.

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NSW moves to outlaw asking tenants to pay for their own background checks on renter ‘blacklists’

Minns government announces reforms to end practice of rental property platforms soliciting payments from applicants

Rental property application platforms would be prohibited from asking prospective tenants in New South Wales to pay for their own background checks under proposed new laws.

The Minns Labor government on Tuesday announced it would introduce the legislation after feedback from renters who said they were often told that paying these “optional charges” would increase their chance of securing a home.

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Australia news live: Penny Wong urges Australians to leave Lebanon; Chalmers says housing pipeline ‘not where we want it to be’

The foreign minister says in video message there is a ‘real risk’ that conflict in the region would seriously escalate. Follow the day’s news live

Indigenous Australians ‘frustrated’ at slow progress

Indigenous Australians are “somewhere between disappointed and frustrated” at a lack of traction on socio-economic targets, after a scorecard found most aren’t being met.

You see those datasets that again reinforce what we heard even at the beginning of the year, and that is governments are not moving fast enough on this, it’s frustrating.

It’s not about finding a new pathway – certainly that’s not what the productivity commission is saying. It’s saying: share the decision-making – this is commonsense, governments talking to the people about the issues that impact them, and the solutions to solve that.

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Greens say Labour should focus more on building council homes and that new housing plan is flawed – UK politics live

Rayner says housing target system will raise number of homes planned to 370,000 and confirmed targets will be mandatory

Balls, who, of course, is a former Labour cabinet minister, and a former shadow chancellor, questions whether Reeves is right to suggest that Jeremy Hunt is wholly to blame for the black hole. He says that other cabinet ministers and departments drew up the spending plans that she says were unfunded.

Reeves repeats the point she has been making all morning about how the public were misled. (See 8.06am.)

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Housing approvals fall to lowest level in 12 years despite Labor’s pledge of 1.2m new homes

Approved dwellings drop 6.5% in June amid high interest rates and building costs as CoreLogic rues ‘dismal result’

New dwelling approvals in Australia have sunk to their lowest in 12 years, as developers battle high interest rates and rising labour and material costs.

For the year to June, 162,892 houses and apartments secured approval, down 8.5% on the previous year and the least since 2011-12, the Australian Bureau of Statistics reported on Tuesday.

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Fears NSW renters could be mass-evicted ahead of proposed law change

Advocates welcome premier Chris Minns’s move to ban no-grounds evictions but worry about renters in the meantime

Rental advocates are warning about mass no-grounds evictions in New South Wales between now and the end of the year unless the state government acts to stop dodgy landlords.

Over the weekend, the state Labor government announced it would introduce legislation to stop no-grounds evictions in September. The NSW premier, Chris Minns, said he hoped it would be passed and come into effect by the start of 2025.

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Victorian opposition leader vows to slash cultural heritage ‘red tape’ on residential projects

In 2023 John Pesutto was booed at the Victorian Liberal state council. This year, most rose to give him a standing ovation

The Victorian Liberals have ramped up their rhetoric on housing, promising to slash planning approval delays to build homes quicker and cheaper if they return from the electoral wilderness in 2026.

The state’s opposition leader, John Pesutto, unveiled a plan to cut “red tape” connected to cultural heritage and what he referred to as Melbourne Water processes at the Victorian Liberal state council on Sunday.

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NSW Labor rejects conference motion to repeal anti-protest and youth bail laws – as it happened

This blog is now closed.

Turning to US politics, Greber says:

It’s a massive shift. You can see it in the way the Democrats feel the momentum.

One of my old sources, I used to be a correspondent in DC, one of my old sources it was as if a month ago the doctor walked in and said, “I’m sorry the test results are terrible, you got three months to live.”

They don’t have many options other than hitting people with mortgages to reduce demand in the economy, which by the way has been driven by an awful lot of federal and state government spending.

The RBA needs to get on top of this and unfortunately people who have mortgages will be the ones who are hit hardest.

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‘People think they’ll smell but they don’t’: building homes from mushroom waste and weeds

A sustainable project aims to repurpose encroacher bush to create building blocks to solve Namibia’s housing crisis

“People think the house would smell because the blocks are made of all-natural products, but it doesn’t smell,” says Kristine Haukongo. “Sometimes, there is a small touch of wood, but otherwise it’s completely odourless.”

Haukongo is the senior cultivator at the research group MycoHab and her job is pretty unusual. She grows oyster mushrooms on chopped-down invasive weeds before the waste is turned into large, solid brown slabs – mycoblocks – that will be used, it’s hoped, to build Namibian homes.

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Melbourne public housing towers demolition to go ahead despite residents’ class action

Exclusive: Lawyer says move by state government shows residents being treated ‘as an afterthought’

The Victorian government is forging ahead with plans to demolish three public housing towers subject to a class action seeking to stop the redevelopment.

The move was described by a lawyer for residents as an example of them being “treated as an afterthought”, after the supreme court ordered the class action could proceed to a two-day trial earlier this month.

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Mandatory housing targets at core of economy-focused king’s speech

Planning reforms and transport policies included in package of more than 35 bills as Labour prioritises growth

Local councils will have to adopt mandatory housing targets within months under planning reforms to be unveiled on Wednesday as part of Keir Starmer’s first king’s speech, which the prime minister says will be focused on economic growth.

Starmer will introduce a package of more than 35 bills on Wednesday, the first Labour prime minister to do so in 15 years, as he looks to put the economy at the centre of his first year in office.

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Biden housing plan seeks to curb rent increases by penalizing landlords

President to unveil rent control plan for larger landlords that would restrict increases to 5%, or risk losing tax breaks

President Joe Biden wants to curb rent increases by penalizing landlords who hike rents beyond 5% each year, but he needs the help of Congress to put the plan into action.

The Biden administration will announce the idea in Nevada on Tuesday along with a host of other housing-related policies, including an influx of funds to add more housing in Nevada and elsewhere and a plan to use public federal lands for affordable housing near Las Vegas.

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Anger over delay to end of no-grounds evictions in NSW as renters face ‘perfect storm’

Premier Chris Minns says government is still ‘grappling’ with issue that has already been outlawed in most states

The New South Wales government has been accused of failing renters by delaying legislation to end no-grounds evictions as demand for legal aid spikes across Sydney.

Despite both major parties pledging to abolish no-grounds evictions in the 2023 election, the government is yet to introduce legislation to implement the much-anticipated reforms.

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Life at the heart of Japan’s lonely deaths epidemic: ‘I would be lying if I said I wasn’t worried’

Some 68,000 people are expected to die alone and unnoticed in Japan this year, police say, as the population continues to age

“We occasionally greet each other, but that’s all. If one of my neighbours died, I’m not sure I would notice,” says Noriko Shikama, 76. She lives alone in a flat Tokiwadaira, in Tokyo’s commuter belt and has come to the Iki Iki drop-in centre to catch up with residents over cups of coffee served by volunteers.

Here, amid the everyday discussions about the merits or otherwise of dyeing grey hair, people also share news about the latest lonely death, or kodokushi – officially defined as one in which “a person dies without being cared for by anyone, and whose body is found after a certain period”.

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Renters in New York City fight back against real estate broker fees

City is one of few in the US where tenants can be forced to pay fees, despite a landlord having hired the broker

A row is brewing in New York City between renters and real estate brokers, over who pays the thousands of dollars in fees when an apartment is rented.

On 12 June, lawmakers in New York met to discuss the Fairness in Apartment Rental Expenses act (Fare act), which would require the person who hires the broker to pay the broker fee.

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