Category Archives: Housing

Victoria to expand vacant residential land tax across state in bid to increase housing supply

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The surprise announcement came on the first day of parliament since Jacinta Allan became premier

Victoria’s treasurer has shocked the property industry and even some of his colleagues by announcing an expansion of taxes on vacant residential land during Jacinta Allan’s first day of parliament as premier.

Tim Pallas told an industry breakfast on Tuesday that he planned to introduce legislation to parliament this week, which will see the vacant residential land tax expanded to include the whole state from 1 January 2025.

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Australia news live: two die after reportedly attending music festival; bushfire evacuation warning for campers in eastern Victoria

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The two men in their 20s reportedly attended the Knockout music festival at Sydney Olympic Park. Follow the day’s news live

Reserve Bank not likely to move on interest rates

Australian borrowers are likely to be spared more interest rate pain this week, following the first Reserve Bank of Australia board meeting under its new governor.

Sydney: 594 auctions with a clearance rate of 71.7%

Melbourne: 159 auctions with a clearance rate of 66%

Brisbane: 82 auctions with a clearance rate of 70.7%

Adelaide: 58 auctions with a clearance rate of 79.3%

Canberra: 64 auctions with a clearance rate of 62.5%

Tasmania: No auctions held with two expected this weekend

Perth: Six of 13 auctions have been held

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The decision to demolish the Mast Quay flats is a rare triumph for planners

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The unequal battle between major developers and cash-strapped councils means the reach of town hall enforcement officers is declining

The decision by the Royal Borough of Greenwich to say enough is enough and order the demolition of 204 homes at the Mast Quay development in south-east London casts a spotlight on one of the most unequal battles in the public realm – between major developers and town hall planners.

And it is one that often enrages the public. Greenwich’s gambit has cheered community groups who say they are feeling increasingly powerless to challenge, even with the help of the planning system, the might of developers.

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Policy must tackle root causes of England’s record mental ill-health, says report

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Coalition of experts publish action points including tackling inequality, poor housing and child poverty

Ministers must tackle poverty, poor housing and air pollution to improve England’s worsening mental health, a coalition of charities, thinktanks and staff groups has urged ministers.

Their blueprint for better mental health also includes a crackdown on racism, reforms to the benefits system and action to end the stark inequality whereby people with severe psychiatric conditions die up to 20 years sooner than the general population.

A new Child Poverty Act to banish child poverty by 2030.

The creation of a minimum income guarantee and reforming sick pay.

Action against junk food, smoking, alcohol and gambling.

The end of “hostile environment” immigration policies.

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Australia’s wealthiest 20% worth 90 times the country’s poorest, new report reveals

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Superannuation and property investment fuels growing inequality, with the richest fifth worth an average of $3.2m

Australia’s wealth gap has continued to grow over the past two decades, with superannuation and property investment driving inequality across the country, a new report from the Australian Council of Social Service and the University of New South Wales has revealed.

Over the past two decades the average wealth of the top 20% has grown at four times the rate of the lowest, the report has shown using figures from the latest Australian Bureau of Statistics data in 2019.

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Daniel Andrews remoulded the state of Victoria – but the wheels were beginning to wobble

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Time will tell if the premier’s legacy will be his huge infrastructure projects and social reforms or his exercise of power and debt burden

Daniel Andrews has been one of the most transformational leaders in Australia’s history. Victorians will be living with his legacy for decades – encountering it when they drive, catch public transport, raise their children and, for some, even at the point of death.

His main legacy is already clear: the huge infrastructure and public transport projects that will mould life in Australia’s fastest-growing capital for the century ahead. If they work, they will keep Melbourne livable, despite the pressures of a booming population.

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By making a deal with developers on housing, Daniel Andrews may find it harder to negotiate with the Greens

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Greens hold the balance of power in the upper house. They are also angered at the planned redevelopment of 44 public housing towers

In politics, optics are everything.

It’s why when the Victorian government unveiled its housing statement – an ambitious policy that it says will reshape the state by delivering 800,0000 homes over the next decade – it did so alongside the building and property sectors.

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Uluru Dialogue accuses Dutton of ‘deception’ over voice – as it happened

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This blog is now closed

Jim Chalmers is now on RN Breakfast, where he was asked by host Hamish McDonald whether he was reconsidering the stage-three tax cuts given much of the $22.1bn budget surplus comes from the taxes of “hard working Australians”.

Chalmers said the government has not changed its view on the tax cuts, which recent data showed will flow disproportionately to high-income earners and men:

Well, first of all, it’s partly a function that people are working more and earning more. The labor market is incredibly resilient given what’s coming at us from around the world. And so unemployment is lower than what many people anticipated. And wages have began growing again, and that’s a good thing too. And that’s one of the reasons why the budgets in better nick but also getting good better prices for our commodities and what that means for company tax.

We haven’t changed our view about the stage three tax cuts, but we have found a way to provide substantial cost-of-living relief for people on low and middle and fixed incomes, because we recognise people are doing it tough and they’ve been our priority.

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Australian-first 7.5% levy to hit all Airbnb and short-stay accomodation in Victoria

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Daniel Andrews also announces redevelopment of 44 public housing towers and more renter protections

Australia’s first widespread levy on short-stay accommodation and the redevelopment of 44 monolithic public housing towers have been announced by the Victorian government as part of an overhaul of policy.

The 7.5% levy on platforms such as Airbnb and Stayz, announced by the premier, Daniel Andrews, on Wednesday, is expected to raise about $70m annually to fund social and affordable housing.

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Labor’s first NSW budget in a decade will provide ‘practical assistance’, treasurer says

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A $7bn shortfall has been forecast this financial year, but Daniel Mookhey says any cuts to be made will be in areas that ‘don’t affect people’

The New South Wales, treasurer Daniel Mookhey, says Labor’s first budget for the state in more than a decade will lay the groundwork for future reform, make cuts “in areas that don’t affect people” and provide support for a “once in a generation” cost-of-living crisis.

“We are looking for every available opportunity we can to provide practical assistance to people,” he said.

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Modular housing being explored under $224m NSW government package to ease crisis

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Premier Chris Minns also defends ending existing electric vehicle rebates ahead of Tuesday’s state budget

The New South Wales government will explore using modular homes to boost housing supply as part of a $224m package.

Ahead of Tuesday’s state budget, the government said the new package would target housing insecurity, which could then help reduce the social housing waitlist.

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Politics live: Jacinta Nampijinpa Price says she does not believe legacy of colonisation continues to impact Indigenous Australians

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Shadow Indigenous affairs minister last spoke at forum alongside Marcia Langton and Josephine Cashman in 2016. Follow live news updates today

We’ll be hearing from Michael Long and the Long walkers very soon.

In other news ahead of us, Jacinta Nampijinpa Price will give an address to the national press club and then she is down for an event with the Australian newspaper later this afternoon.

[It’s an issue that’s been identified across international media and domestically, but we need to make sure that there are absolutely no loopholes or ability for people to think that they can operate contrary to Australia’s national interest.

And so we’re making sure that our laws clearly identify and make it clear to any veteran to any firm former service personnel to public servants that have worked in defence that we take the integrity of our information, our national security information and training very seriously, and that we are going to properly regulate any work that they do for a foreign military or companies associated with them so that we’re protecting our national interest.

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Sunak branded ‘inaction man’ at PMQs as Starmer attacks record on schools, prisons and China – UK politics live

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Labour leader accuses government of failing to heed warnings which has led to series of crises this week

Here is the list of MPs down to ask a question at PMQs.

Yesterday it emerged that ministers are mulling over a plan to tweak the triple lock for pensions so that what might be a bumper 8.5% increase in its value next year ends up being marginally less generous, at 7.8%.

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Greens vow to ‘keep fighting’ on housing as party takes aim at Labor’s help to buy scheme

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Adam Bandt says Greens will continue to ‘use our power’ in parliament to push for rent caps despite agreeing to future fund

Labor’s “Help to Buy” shared equity scheme will be the next housing bill in the Greens’ sights in the minor party’s push for a cap or freeze on rent increases.

The Greens leader, Adam Bandt, has vowed to “keep fighting” despite the minor party agreeing to pass Labor’s $10bn housing Australia future fund (Haff) bill in return for a further $1bn for public and community housing.

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Knock down a few, build one: in NSW that counts as a gain for councils’ housing targets

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Exclusive: Metrics reflect gross addition to supply, even as unit blocks in affluent Sydney suburbs are being replaced by luxury single properties

Luxury homes built on the site of former unit blocks in Sydney are counting towards council targets for new dwellings, even where they have reduced the available housing stock by displacing multiple properties.

A swathe of interwar apartment buildings in Sydney’s eastern suburbs and inner city face the wrecking ball, to be replaced with modern residences, as Guardian Australia revealed on Wednesday.

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The RBA’s interest rate-rising looks done – and a soft landing for the economy could be on

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Australia’s economy might be just where Philip Lowe wants it – barring any nasty surprise – as he hands over to Michele Bullock

As two of Australia’s more contentious figures Philip Lowe and Alan Joyce head towards their gilded departure lounges, the economy seems set in a holding pattern with improving prospects of a desired soft landing.

To be sure, a happy outcome of a jobless rate remaining within cooee of 4%, wages finally catching if not outpacing inflation, and even the federal budget staying in the black a bit longer is far from assured.

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Residents of south London housing estate demand urgent repairs

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Damp and mould so bad one cancer patient had to sleep on floor after ceiling collapsed, say residents

Hundreds of residents on a south London housing estate are demanding action from their council landlord, which they claim is ignoring urgent repairs needed on their homes.

Residents of the Tulse Hill estate say they have been left dealing with widespread issues of damp and mould that are so bad that in one case a cancer patient had to sleep on the floor for months after his ceiling collapsed twice.

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NSW premier open to ‘pattern-book’ housing across Sydney as solution for crisis

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Unlikely alliance pushes for more medium-density housing of the sort typically found in inner-city suburbs

The New South Wales premier, Chris Minns, says he is open to a proposal to pre-approve “pattern-book” housing designs that can be rolled out in Sydney suburbs – an idea being championed by an unlikely alliance of unions, big business and universities.

The Housing Now group, launched on Monday, argues that 30 suburbs need to be, in effect, transformed into inner-city Surry Hills by adding higher density houses and medium-rise apartment buildings.

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Byron’s proposed 60-day Airbnb cap unlikely to come into effect until next year despite housing crisis

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If approved by NSW government, it will apply only to Byron and not other councils struggling amid the state-wide housing shortage

Byron council’s planned 60-day cap on short-term rentals like Airbnbs to ease pressure on the housing market would not come into effect until the middle of next year if the government decides to allow it, the holiday hotspot’s mayor says.

And if the tightened rules are approved by the New South Wales government, they will just apply to Byron and not other councils also struggling with housing amid a state-wide shortage.

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‘Disastrous’: low-income tenants priced out of newly renovated boarding houses

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Professionals seeking affordable housing are displacing those at risk of homelessness as rents soar

When a boarding house in Sydney’s inner-west was razed by arson last year, taking with it the lives of three residents and leaving eight without homes, the hope was that it would be replaced with a newer, safer version of the same low-cost community housing.

But 12 months is a long time in Sydney’s rampant rental market.

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