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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.
February marks 15 years since the Black Saturday fires in Victoria when some 400 fires raced through 78 locations, taking 173 lives, injuring hundreds more, destroying more than 2,020 homes and the entire township of Marysville. In a warming climate, that reality of loss is likely to be repeated ad infinitum.
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.
Even the best forecasting gets it wrong, and every year has its own 'Black Swan' events, characterised by their unpredictability and impact. They remind us that the future is unpredictable, perpetually lurching between prediction and confusion.
To close the year for Eureka Street, the editorial team wanted to nominate who we considered to be the Eureka Street ‘person of the year’ based on this year's newsmakers.
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?
In the face of Australia's pressing housing crisis, is the solution merely a question of funds, or does it demand a deeper overhaul? Many are calling for a transformed government role, one that abandons the shackles of neoliberalism, prioritises social infrastructure, and champions the collective good over select interests.
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.
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?
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.
Catherine Holmes' Royal Commission report exposes the staggering mismanagement and human cost of Australia's Robodebt scandal. The scheme burdened over 500,000 Australians with non-existent debts and is linked to at least three suicides. This report unravels the culture behind the disaster and the potential repercussions ahead.
The government’s Powering Australia Plan promises renewable energy and net-zero emissions by 2050. However, analysts warn that there is little change in the economic and bureaucratic structures that support the fossil fuel industry. Unless Australia finds a way to prosper sustainably, the country will continue to benefit from emissions while the rest of the world suffers.
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