Townsville population forecasts proxy for mining federal funding Townsville population forecasts stimulate supply. From a population perspective, additional supply is observed as a great opportunity because it creates “jobs” and brings employment. Supply risk is often depicted by planners as a slowing down of dwelling construction. Well, incumbent property owners and investors
Tag: housing
Home lending industry criticised by securities and investments watchdog
Home lending watchdog barks correction from brokers The home lending industry have come under fire from the Australian Securities and Investment Commission in its recent report, Looking for a mortgage: Consumer experiences and expectations in getting a home loan. ASIC research highlights the importance of reforms for mortgage brokers and home lending. As
How is the Townsville North Queensland economy and employment performing?
Townsville North Queensland quarterly update The Townsville North Queensland economic outlook has seeds of growth and business confidence but official Queensland treasury employment data shows unemployment is still lingering over 10 percent, the Herron Todd White (HTW) Quarterly Economic Snapshot reported this month. The critical drivers of Townsville and North Queensland’s economy
Social impact investing designed in Turnbull national housing plan impacting North Queensland
Federal housing policy governance and finance Social impact investing and the Turnbull government’s replacement for the failed National Rental Affordability Scheme (NRAS) has been announced by the federal Assistant Treasurer in the National Housing Finance and Investment Corporation (NHFIC), as planned in the federal budget. Although the Turnbull government scheme is defined
This is what our cities need to do to be truely liveable for all
Urban planners, governments and developers are increasingly interested in making cities “liveable”. But what features contribute to liveability? Which areas in cities are the least and most liveable? The various liveability rankings – where Australia tends to do quite well – don’t provide much useful guidance. This article is one in a series, Healthy
Victims in Aged and Retired Housing Being Smuggled in Legal Scandal
The Queensland government is being accused of smuggling aged and retired victims through disingenuous complaints handling, regulatory investigation and mediation processes that encourage unscrupulous operators to pay out thousands of dollars in hush money, in an effort to cover up serious failures in legislative integrity and government waste. The effectiveness of
Why investor-driven urban density is inevitably linked to disadvantage
The densification of Australian cities has been heralded as a boon for housing choice and diversity. The up-beat promotion of “the swing to urban living” by one of Australia’s leading developer lobby groups epitomises the rhetoric around this seismic shift in housing. This article is the third in a series based on new
How government have widened the gap between generations in home ownership
Various government policies have fuelled the demand for housing over time, expanding the wealth of older home owners and pushing it further and further beyond the reach of young would-be home buyers. A new study highlights this divide between millennials and their boomer parents. The study is part of a Committee of Economic
Veteran Diggers fall victim to national housing scheme spruiker
Veteran Diggers that served in Iraq and Afghanistan have fallen victim to the lure of promised returns from National Rental Affordability Scheme (NRAS) residential housing projects promoted by a spruiker working on commissions with the National Australia Bank and property developers. As many as two hundred Aussie veterans lost up to
