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.

29 April 2018

Not so super

Australia has got superannuation policy wrong. The bipartisan plan to increase compulsory super contributions to 12 per cent will reduce wages today, do little to boost the retirement incomes of many low-income workers, and cost the federal budget billions now and well into the future. If politicians really want to help low-income earners, the planned increases should be scrapped.

13 March 2018

Rise in protest votes sounds warning bell for major parties

Protest politics is on the rise in Australia. At the 2016 federal election, votes for minor parties hit their highest level since 1949. More than one in four Australians voted for someone other than the Liberals, Nationals, ALP or Greens in the Senate, and more than one in eight did likewise for the House of Representatives.

5 March 2018

How migration affects housing affordability

So much of Australia’s history and success is built on immigration. Migrants have benefited incumbent Australians by raising incomes, increasing innovation, contributing to government budgets, smoothing over population ageing and diversifying our social fabric. But it is also true that immigration is affecting house prices and rents.

5 March 2018

Beware what you wish for Sydney

Two decades ago, then NSW premier Bob Carr famously declared that Sydney was “full”. But more people came anyway. House prices rose. Now, opposition to development is rising again. Unless today’s generation of politicians stares down the NIMBYs, Sydney will repeat the mistakes of the past, and housing affordability will get worse.

4 March 2018

From world’s most liveable city to Australia’s most expensive city?

When it comes to making housing affordable, Melbourne has always done it better than Sydney. Sydney’s geography may be spectacular, but it’s bad for building housing. Ocean to the east, mountains to the west, and the Ku-ring-gai national park to the north limit Sydney’s urban sprawl. Whereas Melbourne can build more – and cheaper – housing on abundant greenfield land closer to the city.

12 January 2018

There’s no silver bullet when it comes to housing affordability

The debate over negative gearing illustrates a broader problem ignored by many affordable housing advocates. While negative gearing and a number of other housing tax reforms are definitely worth pursuing, they alone won’t solve our housing affordability crisis.

16 November 2017

Same-sex marriage results crush the idea that Australian voters crave conservatism

Australians have overwhelmingly voted “yes” for same-sex marriage. This means politicians will have to give up relying on the myth that a cultural backlash against the progressive agenda is driving voters to minor parties.

10 October 2017

The implications of ageing for economics and politics

Conventional wisdom tells us that the global population is ageing, governments won’t be able to afford future pension and health care costs, people won’t have enough for their retirement, and governments should encourage people to save more. But in this presentation, Grattan CEO John Daley shows that, at least for Australia, the conventional wisdom is wrong.

3 August 2017

Australia’s city/country divide is not as wide as you may think

Many people assume Australia’s regions are getting a raw deal compared to the big cities. But beneath the oft-told “tale of two Australias” is a more nuanced story. Cities and regions both have pockets of disadvantage, as well as areas with healthy income growth and low unemployment. But shifts in population are driving a wedge between city and regional Australia.

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