Welcome to Eureka Street

back to site

Keywords: Property Market

  • AUSTRALIA

    Australia's dysfunctional housing quagmire

    • Peter Mares
    • 12 April 2024
    1 Comment

    The ABC’s recent Q+A housing special left many questions unasked and unanswered. Labor, Coalition and Green MPs all say they want more people to be able to buy their own homes. The most obvious way to achieve that would be to reduce the price of housing. Yet no politician will make that an explicit policy aim.

    READ MORE
  • ECONOMICS

    Review: The Shortest History of Economics

    • David James
    • 22 March 2024

    Economics may be useless for forecasting, and its assertions can be overly simplistic. But it is a language that should be understood, and here is a good place to start. In simple and clear prose, Leigh spans the history of human economic activity, beginning in prehistoric times and ending with the modern day.

    READ MORE
  • ECONOMICS

    The economy is in worse shape than you think

    • David James
    • 07 March 2024
    4 Comments

    The aggregate picture of the economy may seem healthy enough after two years of heavy immigration, over 800,000, and the return of students and tourists. But the elephant in the room remains. Australia is a two-tiered society sharply divided between people who own homes and people who do not. The generational divide is worsening.

    READ MORE
  • AUSTRALIA

    Why the choice revolution let us down: In conversation with Mark Considine

    • David Halliday
    • 28 February 2024
    1 Comment

    The main purpose of government is to promote the welfare of its people. And yet over the last few decades, through numerous inquiries, it’s become clear that the Australian government has failed to provide services for the Australian population as well as might be expected. 

    READ MORE
  • ECONOMICS

    Are we in a post-industrial society?

    • David James
    • 20 February 2024
    3 Comments

    What does it mean when ideas of scarcity – supposedly the driving principle in understanding supply and demand – are no longer the only or best way to think about economic activity? What is needed to understand the post-industrial environment is a new way of thinking about economics and finance. 

    READ MORE
  • AUSTRALIA

    Can society function in an epistemic crisis?

    • Bill Calcutt
    • 10 November 2023
    1 Comment

    As demonstrated in debates around the Voice, increasingly divergent perceptions of reality affect our dedication to our societal obligations and the upkeep of our shared core values. If left unchecked, this drift away from a shared understanding of the common good will further undermine trust and mutual respect that bind us, challenging the very foundations of a humane, civilised and inclusive society.

    READ MORE
  • AUSTRALIA

    HAFFing and puffing

    • Peter Mares
    • 21 September 2023
    2 Comments

    Will the Housing Australia Future Fund make a dent on Australia’s housing crisis? After a political tug-of-war, the government's ambitious $10 billion Housing Australia Future Fund (HAFF) has passed parliament, promising tens of thousands of new homes. But with over 170,000 households on social housing waiting lists and a skyrocketing rental market, the question remains: is the HAFF enough?

    READ MORE
  • AUSTRALIA

    Modest tax and super changes could fund major welfare boost

    • Mark Gaetani
    • 02 September 2023

    A new report for St Vincent de Paul Society suggests minor tax and welfare tweaks could lift 834,000 Australians from poverty. Amidst skyrocketing rents and income disparities, the call for an empathetic economic overhaul is louder than ever.

    READ MORE
  • AUSTRALIA

    On housing bubbles

    • David Halliday
    • 01 September 2023

    Australia's housing market trembles as homeowners confront rising interest rates and mortgage defaults surge. Predicted by some a decade ago, this  shift stems from years of speculative investing and homes transforming into commodities. The challenge now: can policymakers balance housing affordability without destabilising the market's value?

    READ MORE
  • AUSTRALIA

    What can we expect of a progressive government?

    • Anthony N Castle
    • 02 August 2023
    6 Comments

    Despite a decisive electoral shift and promises to solve generational crises in housing, climate, and the cost-of-living, the change many longed for seems slow under Labor. What can be realistically expected from a government with a mandate for change, yet wrestling with complex problems that defy simple solutions?

    READ MORE
  • AUSTRALIA

    Bricks n' Oughta

    • John Falzon
    • 18 July 2023
    5 Comments

    Amid Australia's unprecedented housing crisis, there's an urgent need for  increases in social housing. However, political wrangling hampers the progress of crucial legislation. With 640,000+ Australians facing housing stress, advocates stress the need for immediate action as a starting point towards comprehensive reform that treats housing as a basic human right.

    READ MORE
  • RELIGION

    The Pope's economist: Mariana Mazzucato's plan to revitalize the global economy

    • Bruce Duncan
    • 01 June 2023
    2 Comments

    Prominent figures such as Australia's Treasurer Jim Chalmers and Pope Francis are turning to economist Mariana Mazzucato for insights on reforming the neoliberal capitalist system. Her vision for an equitable and sustainable global economy, aligned with the UN Sustainable Development Goals, is influencing key discussions on economic fairness worldwide.

    READ MORE