housing
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How Stamp Duty Is Holding Us Back
If just one state of Australia, New South Wales, scrapped its stamp duty on real-estate transactions, about 100,000 more Australians would move homes each year, according to our best estimates. Stamp duty is an unquestioned part of buying a home in Australia – you put your details in an online mortgage calculator, and stamp duty…
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How Can We Turn the Australian Housing Crisis Around?
Households across Australia are struggling with soaring energy and housing costs and a lack of housing options. Mixed with a climate crisis, economic volatility and social inequality, it’s a potent set of policy problems. Australia needs a circuit-breaker – a bold national project to tackle the climate crisis and support households by shifting to a…
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How Housing Is Driving Wealth Inequality in Australia
Compared to the rest of the world, income inequality is not particularly high in Australia, nor is it getting much worse – until you include housing. Rising housing costs have dramatically widened the gap between what Australians on high and low incomes can afford. Rising home prices paired with plummeting rates of homeownership are driving…
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The Grim Comparison of Aussie Millennials, Gen-Xers and Baby Boomers: Can You Guess Who’s Better Off?
Most Australian voters are either Baby Boomers (born 1946 to 1964), Generation Xers (1965 to 1980) or Millennials (1981 to 1996). And at one time or another most have been told that their generation is better off (or worse off) than the ones that came before it. It’s tempting to think the most recent generation…