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The Latest Breaking News from Brendan Coates

What a cap on superannuation tax concessions means for you

Changes to superannuation will crackdown on tax breaks for the wealthy, alongside a new purpose for the system.

The New Daily

Housing crisis has become 'truly national', councils and housing groups say, as they call for $400m funding injection

Councils and housing groups say the coming budget should include a $400 million boost to Commonwealth funding for housing, arguing more Australians than ever are living in cars, caravans and tents.

ABC News

Dutton ready to fight for the super wealthy – the 0.005 per cent of Australians

“The whole idea of superannuation is it provides for people's retirement so that they can lead a dignified retirement,” Mr Dutton said.

The New Daily

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What the Treasurer’s proposed cap on superannuation balances means for you

Treasurer Jim Chalmers opened the debate on superannuation reform when he released the likely wording for the objective of superannuation

The New Daily

Grattan on Friday: Defining superannuation's 'objective' should leave room for debate about its use for housing

The Albanese government is prodding the superannuation bear, which can be a dangerous beast when stirred.

The Conversation

Changes to superannuation are being floated by the federal government. Here's what's being considered

The federal government has made it clear it wants to have a conversation about changing our superannuation system. Here are some of the ideas being put forward by it and other groups.

ABC News

Boomers, Generation X or Millennials: Who has it worse when it comes to buying a home and paying it off?

With more interest rate rises on the cards on Tuesday, and potentially later this year, the journey towards home ownership will take far longer.

ABC News

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Migration system review told to abolish skilled occupations lists

The Business Council of Australia and Grattan Institute have both recommended removing the skilled occupation lists that requires prospective migrants to have skills Australia lacks.

The Canberra Times

Government eyes multimillion-dollar super accounts as ripe for reforms

Big superannuation balances of $5 million or more will be in the sights of the Albanese government next year.

The New Daily

Australia is entrenching inequality across education and housing — deliberately

Across several vital sectors, consecutive governments are ingraining systemic inequality with policies that look after the wealthiest.

Crikey

Murray Watt says the government is providing the largest cost-of-living increase to welfare recipients in 30 years. Is that correct?

Cabinet minister Murray Watt says the government is providing the largest cost-of-living increase to welfare recipients in 30 years. RMIT ABC Fact Check investigates.

ABC News

Housing affordability in Australia is a nightmare — and it’s hurting all of us

Politicians are talking about housing affordability, but do they really want to fix it? If so, Brendan Coates of the Grattan Institute has some excellent ideas.

Crikey

High-density development and better rent assistance key to addressing Australia’s housing crisis, economist says

Brendan Coates warns person’s future wealth is increasingly driven by ‘who their parents were rather than their talent’

The Guardian - AU

The jobs summit’s real winners: boomer asset owners and property developers

The only benefit from increasing migration, as is likely to happen as a result of the summit, will flow to homeowners and property developers.

Crikey

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Crikey

Australia’s richest exploit ‘taxpayer-funded inheritance scheme’ with 32 SMSFs worth $100m+

Wealthy Australians are taking advantage of the superannuation system’s favourable tax concessions.

Crikey

Hard evidence of why more immigration won’t fix the worker shortage

A new paper from the Grattan Institute shows that increased migration won’t be the panacea for worker shortages advocates claim it to be.

ABC News

Should the government freeze rents for two years? The Greens think it is a no-brainer, but economists are less certain

The federal Greens are calling for a nationwide two-year freeze on rent increases as part of a plan to ease pressure on tenants. But economists are warning the freeze may not be the right solution to Australia's housing crisis.

ABC News

Australia's permanent migration intake is about to climb, but there's more to it than just numbers

There are plenty of ideas on the table for next month's Jobs Summit, but there is one outcome that seems all but locked in.

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ABC News

'Forgotten' renters hope recent federal election will turn the tide for housing policies

Rosie Wallis has been renting her entire adult life and, like many renters, she has felt neglected — politically — in a nation that tends to focus on home buyers.

Crikey

Homelessness is growing in marginal seats, so why isn’t it a hot-button issue for the major parties?

Many people currently facing homelessness live in marginal electorates. However, major parties still see it as a ‘minority issue’.

ABC News

Michael Sukkar says Coalition policies have pushed first home buyers to their highest levels in 15 years. Is that correct?

Housing Minister Michael Sukkar says the Coalition is responsible for getting the level of first home buyers to its highest in 15 years. RMIT ABC Fact Check runs the numbers.

ABC News

Intergenerational inequality to rise as tax and welfare perks target older voters, experts warn

Benefits available to older, wealthier people are outweighing the support given to younger people, with election policies from both major parties set to worsen the situation, according to experts.

ABC News

Government minister admits first home buyer policy would push up house prices, PM says other policies would balance it out

Jane Hume concedes the policy would see house prices increase "temporarily", something economists and the opposition are warning will happen.

The New Daily

Paul Keating attacks Coalition’s super for housing policy as economists warn of soaring prices

A Coalition plan to allow first-home buyers to use their superannuation to buy property has been slammed by Paul Keating as a "frontal assault" on super.

ABC News

What the median rental price can actually get you in Australia’s capital cities — and how it compares to other countries

The median rental price for a house across Australia's capital cities hit a new record high in the first three months of this year. But it's not just Australian's bearing the brunt of soaring rental costs.

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