Housing

The Labor government’s potential deal with the Greens to eliminate negative gearing and reduce the capital gains tax discount may ultimately be more symbolic than effective in tackling Australia’s housing affordability crisis.

As Britain grapples with institutional decay and economic stagnation, Australia must learn from its mistakes—especially in housing, infrastructure, and energy—before we face the same fate.

To ease the rental crisis and prevent it from happening again, governments should provide targeted assistance while focusing on increasing housing supply through planning reforms, rather than implementing well-intentioned but counterproductive policies like no-fault eviction bans.

There’s a lot to like about Denmark’s approach to mortgages, but transplanting it to Australia may not be optimal given our existing regulatory framework and housing policies.

While Vienna’s social housing model is often praised as a solution to housing affordability issues, its applicability to Australia is questionable due to differences in our institutions, as well as potential drawbacks in the Viennese system itself.