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Keywords: Property

  • ECONOMICS

    Could Labor fuel a property revolution?

    • David James
    • 07 May 2019
    5 Comments

    The Australian economy rests on a decades-long property gamble that has disenfranchised younger generations. It is why the differing policies of the two major parties at the federal election take on an unusual significance. The voters' choice will go a long way towards determining if that generational split will get better or worse.

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  • AUSTRALIA

    It's time for a native title reckoning

    • Kate Galloway
    • 27 March 2019
    5 Comments

    In the wake of the Timber Creek Decision, state and territory governments should be looking to implement negotiations with traditional owner groups around the nation to seek to settle the property claims — comprehending economic and non-economic losses. It is in no one's interest to engage in a court process for every single claim.

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  • ENVIRONMENT

    Not owning but belonging to the land

    • Fatima Measham
    • 19 July 2018
    7 Comments

    There are severe limitations in the western ways we tend to think about land. Land is conceived in terms of ownership and property — ideas that are implicated not just in colonial histories, but in extractive industries and concentrations of wealth. In this model, land is a fulcrum of power.

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  • AUSTRALIA

    The radical state of being content

    • Fatima Measham
    • 12 April 2018
    10 Comments

    How comfortable does anyone really need to be? The amounts of money that get quoted in remuneration packages or property portfolios is incomprehensible to many Australians who manage to survive, even thrive, on so much less. Inequality seems to be driven by an incapacity to recognise what is enough and to stop.

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  • ECONOMICS

    Economic doom looms in Oz's game of homes

    • David James
    • 12 December 2017
    1 Comment

    It is not difficult to imagine a scenario where the game of musical chairs in Australia will come to a shuddering end, imperilling the banks and dragging the economy into a deep recession. As we saw in the GFC in America and Europe, government money will be thrown at the banks to rescue them at the expense of ordinary citizens.

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  • ECONOMICS

    Budget's bank slug flouts the property precipice

    • David James
    • 10 May 2017
    3 Comments

    The $6.2 billion the government will raise through a levy on bank liabilities not only shows how out of favour banks have become, it is also, in effect, a de facto tax on property lending - a counterbalance to negative gearing and capital gains tax breaks. It is a tax on property lending because nearly all the banks' loans are mortgages for housing, or business loans secured with property. Of course the banks will pass the extra cost on to their customers, so it becomes a tax on borrowers.

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  • AUSTRALIA

    A common good argument for legalising same sex marriage

    • Alan Hogan
    • 31 August 2016
    17 Comments

    When a traditional marriage breaks down, there is a substantial body of law that has been developed to deal with the consequences. A substantial number of people in the community have already entered into homosexual relationships, monogamous and intended to be permanent. Some will break down, and disputes will arise about matters such as property, maintenance, and access to children. Common law principles are inadequate for settling such disputes fairly and economically.

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  • ARTS AND CULTURE

    Neglecting and reconnecting with elderly parents

    • Tim Kroenert
    • 12 May 2016
    2 Comments

    The film explores the dynamic between men and their ageing parents, as Frank, trying to make up for neglecting his relationship with his own dead mother, clashes with Sarah's neglectful adult son. Essential to this sifting of family and belonging as central to the identity of suburban males, is a rumination on houses as homes versus property. As a real estate agent, Frank is repeatedly chastised by a young father who feels increasingly priced out of the market.

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  • ENVIRONMENT

    Dumped-on Elders down but not despairing

    • Michele Madigan
    • 03 May 2016
    11 Comments

    As fifth century BC Athenian historian and general Thucydides said: 'The strong do what they can, and the weak suffer what they must.' 'I'm sitting here trying to eat my weetbix and keep my thoughts calm,' said Enice Marsh, Traditional Owner for the Flinders Ranges area of SA. Enice and the other Adynamathanha Elders had just received the news that former Liberal Senator Grant Chapman's property Bardioota is 'at the top of the list' to be the site of Australia's national radioactive waste dump.

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  • ECONOMICS

    Negative gearing is the end of the Australian Dream

    • Kate Galloway
    • 28 April 2016
    14 Comments

    Historically, having a largely home-owning population has ensured both the social benefit of housing, and an economic benefit through enforced saving with long-term growth. In contrast, the negative gearing push splits the cultural and economic meaning of home ownership, because it focuses on investment. Negative gearing promotes property ownership but not home ownership. Thus the social benefits of home ownership that we have come to expect give way to bare economic indicators.

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  • AUSTRALIA

    Homeless Persons Union holds state to account

    • Ellena Savage
    • 15 April 2016
    2 Comments

    When we talk about the 'housing crisis' we are often referring to the plight of young working people and migrants struggling to tap into a property market that has been made a prestige market. This has been incentivised by tax breaks for investors, and is symptomatic of the culture of hoarding family wealth for the purpose of passing down class privilege. The Bendigo Street occupation reminds us that the 'housing crisis' is one and the same as the homelessness crisis; not a crisis of scarcity, but of policy.

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  • ECONOMICS

    Labor's negative gearing heroics alone won't save us

    • David James
    • 26 February 2016
    8 Comments

    It is not often that federal political parties exhibit courage. Labor's decision to change the rules on negative gearing is a rare instance. It targets what is most dangerous and unfair in our financial system. Expect howls of protests from powerful lobby groups if it ever looks like becoming policy. But these changes alone won't be enough to deal with the ills of the financial system. While they are designed to target the bias away from productive investment, they won't remove the attraction towards property.

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