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Keywords: Home Ownership

  • ECONOMICS

    Serfs sucked dry in the kingdom of banks

    • David James
    • 18 April 2016
    11 Comments

    Three finance-related events are currently gaining great attention in the media. One is the so-called Panama Papers. Another is the proposal to have a royal commission into the banks. And a third is the furore over the unaffordability of homes and the debate over negative gearing. On the surface they would seem to be quite separate issues. But all three issues demonstrate yet again that banks are, if not the most malign organisations on the planet, then certainly among the most dangerous.

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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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  • AUSTRALIA

    Notes (in Latin) on a football scandal

    • Brian Matthews
    • 10 February 2016
    2 Comments

    Eslingadene/Isendene/Essendon was its quiet and bucolic self when Richard Green, one of its respectable citizens, farewelled it in the 1850s, migrated to Australia, settled near Melbourne and, honouring his home village, called the area Essendon. Like its northern hemisphere namesake, Essendon does not appear in the Domesday Book, but Macbeth-like vaulting ambition, disjoined from care and humanity, has enrolled it in a modern Doomsday register and stained its name ineradicably.

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  • AUSTRALIA

    Housing fantasy quashed by culture of entitlement

    • Ellena Savage
    • 06 November 2015
    23 Comments

    When I was a child, the house I longed for in my adult future was blonde-bricked, double-storied, concrete-paved, white-carpeted. Now I am older, and renting a room in such a house is possible, if I share the place with six other paying adults. Because it is 2015, I live in Melbourne (the sixth-least affordable city to live in in the world), and am not a merchant banker. No concrete plot will ever by mine, I say in tune with the million other people my age who have just assimilated that knowledge.

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  • ARTS AND CULTURE

    Who killed Amy Winehouse?

    • Tim Kroenert
    • 02 July 2015
    2 Comments

    There are early signs of the substance abuse that would later see her become a target of gleeful media scorn, and ultimately cause her death at the age of 27. But during one interview from the dawn of her career she reflects that if she was famous, she would go mad. She was painfully aware of the gap between the persona painted by a spiteful media and fickle public, and the preternaturally talented working-class girl from London who just wanted to sing.

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  • ARTS AND CULTURE

    Seeking restitution for Nazi art theft

    • Tim Kroenert
    • 28 May 2015
    4 Comments

    Maria's aunt was the subject of one of Austria's most famous artworks, Portrait of Adele Bloch-Bauer I, by the painter Gustav Klimt, which was stolen from Maria's family by the Nazis during the Second World War. Maria's story raises questions about the means and consequences of individuals and nations coming to terms with difficult histories, and of what constitutes 'ownership' of cultural artefacts with a high level of national significance.

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  • AUSTRALIA

    The tyranny of career

    • Ellena Savage
    • 22 May 2015
    3 Comments

    The expectation to enjoy the labouring part of your life, or find it 'rewarding', is a relatively new one. Australia's boon in tertiary education in the latter half of the twentieth century, and the post-industrial nature of postmodern work means that for many, labour is immaterial, and jobs are not necessarily protected or stable. 'Career management' is therefore a key concept that rules life decisions.

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  • AUSTRALIA

    Petrol price plunge won’t arrest car decline

    • Greg Foyster
    • 06 February 2015
    3 Comments

    After years of writing pain-at-the-pump puns, journalists are giddy at the prospect of prices heading south for once. The low price is a boon for motorists and regional tourism operators. But it won't change the face that we've hit 'peak car' and are driving less. Young people now prize access over ownership.

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  • ARTS AND CULTURE

    Good guy alienated from God

    • Tim Kroenert
    • 06 November 2014
    2 Comments

    Bob dutifully attends Mass but never takes communion. He's a fundamentally decent working man, as generous as he is taciturn. He is not the kind of man to, say, turn a blind eye to the plight of an injured dog. But Bob has sinful secrets that he feels alienate him even from God.

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  • AUSTRALIA

    Why coal is not good for humanity

    • Bronwyn Lay
    • 21 October 2014
    19 Comments

    The French social scientist Bruno Latour referred to the 'uniquely Australian strategy of voluntary sleepwalking towards catastrophe'. His view conflicts with that of our prime minister, who said last week that coal is good for humanity. Abbott's thinking forgets that humanity lives within the earth's critical zone, a home that's not looking so good for humanity.

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  • ECONOMICS

    Australia's delayed GFC

    • David James
    • 08 September 2014
    7 Comments

    What is only now starting to come into focus is the extent to which the whole economy is in hock to house prices. A sharp fall in the housing market will put intense pressure on our major lending institutions, leading to a deeply depressing effect on all parts of the economy. The regulators, as ever, are taking a hands-off approach.

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