23 July 2018

Migrants are still buying into the dream of home ownership, but it’s becoming more elusive

Recent Australian migrants are buying into the Great Australian Dream of home ownership. But rates of home ownership among recent migrants are falling, as they are among all Australians. Unless we build enough housing to match Australia’s growing population, all Australians, including migrants, will pay the price.

11 July 2018

Supply sceptics beware: without more housing, it won’t be affordable

Some affordable-housing advocates are sceptical that building more homes will result in housing becoming much more affordable. Instead they argue that there should be more subsidies for social and affordable housing, and fewer tax breaks that artificially boost housing demand.But in this presentation the Australian Conference of Economists, Grattan Institute’s Australian Perspectives Fellow Brendan Coates shows why more supply is vital to housing affordability.

10 July 2018

Tax reform: where to focus?

This overview prioritises tax reforms by comparing how much different proposals would help the economy, repair budgets, reduce inequality, and promote housing affordability.

2 July 2018

Introducing the Grattan Retirement Incomes Model

The Grattan Institute has developed a retirement incomes model to assess the adequacy of current retirement income policy settings, the Grattan Retirement Incomes Model. This presentation introduces the model, shows how it is constructed and evaluates the adequacy of retirement incomes in Australia.

27 June 2018

Housing tax reform: what difference will it make?

This presentation to the NSW Affordable Housing Conference identifies the tax reforms that will (and won’t) make a real difference to housing affordability. Changes to capital gains tax, negative gearing, stamp duty and land tax would all help. But boosting the supply of housing matters more in the long term.

8 June 2018

Four myths about income tax

When income tax scales change, it’s inherently a question of redistribution. Any change to tax rates is a decision about who should bear less — or more — of the tax burden. And because of bracket creep, any decision not to change tax rates is also a decision to shift the tax burden.

7 June 2018

Most new housing isn’t high end housing

The conventional wisdom among many affordable-housing advocates is that most new housing built in Australia is too expensive for low- and middle-income earners. This conventional wisdom is wrong. Grattan Institute’s new analysis shows that most new houses are being built in cheaper-than-average suburbs on the fringes on our major cities.

22 May 2018

We can’t begin to fix our housing crisis until our leaders start levelling with the public

Governments at both Federal and State level are still avoiding the politically difficult changes that would make a real difference to housing affordability. But we won’t make progress unless our leaders eschew the popular but ineffective options in favour of planning and tax reforms that could actually improve affordability.

14 May 2018

Will the banking royal commission push down property prices?

The Financial Services Royal Commission has exposed some irresponsible lending by Australia’s biggest banks. Some of the revelations from the commission have affected certain banks’ share prices but not their profits. The question is whether the information brought to light by the commission will further push down property prices?

3 May 2018

The nuanced story of regional inequality in Australia

The idea that regional Australia has been ‘left behind’ by the big cities is widespread, and politically potent. There is some truth to the sentiment, but it’s important to recognise the nuance behind the concern, write Grattan Institute’s Danielle Wood, John Daley and Carmela Chivers in this submission to a Senate committee inquiry.