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Why rent bidding apps will make the rental market even more unaffordable

May 16, 2017 16:43 pm UTC| Insights & Views Technology Real Estate

Renters are already the weak party at the negotiating table because they cannot ignore their need for a place to live. But a new series of apps that pit renter against renter will only further tip the balance of power in...

Bond aggregator helps build a more virtuous circle of housing investment

May 11, 2017 14:55 pm UTC| Insights & Views Economy Investing Real Estate

Following Treasurer Scott Morrisons outburst in April over the meagre supply outcomes delivered by state housing agencies, cool Treasury heads have prevailed in the budget. The Commonwealth has not withdrawn its support....

Tiny houses: the big idea that could take some heat out of the housing crisis

May 10, 2017 00:33 am UTC| Insights & Views Real Estate

If you could have a new home, exactly to your specification for about a years average salary wouldnt you take it? Many people, in the US, UK and Europe want to find an alternative housing solution that is cheap and...

Tax on 'unearned gains' is the missing piece of the affordable housing puzzle

May 09, 2017 15:35 pm UTC| Insights & Views Real Estate

With housing prices still consistently in the news, could the ideas of 19th-century philosopher John Stuart Mill help improve affordability? In 2015, some landowners near the proposed Northern Beaches hospital in Sydney...

Why Chinese investors find Australian real estate so alluring

May 01, 2017 08:45 am UTC| Insights & Views Real Estate

Chinese investors are often blamed for Australias escalating house prices but a number of factors might mean the demand will drop off in coming years. A recently released report found investment in residential real...

Five ways a housing bubble could burst

May 01, 2017 00:01 am UTC| Insights & Views Real Estate Economy

Theres been quite a bit of speculation over whether Australia has a property market bubble - where house prices are over-inflated compared to a benchmark - and when it might burst. According to housing experts, theres at...

For renters, making housing more affordable is just the start

Apr 22, 2017 01:57 am UTC| Insights & Views Real Estate

Deloitte Access Economics Chris Richardson recently suggested that young Australians would be better off renting than trying to buy a house. He argued: … rents today make a lot more sense than housing...

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Economy

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Politics

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Technology

World's Largest Electric Container Ship Sets Sail with 50,000 kWh Battery Power

COSCO Shipping, a Chinese state-owned firm, has unveiled what it calls the worlds largest river-to-sea electric container vessel. The Green Water 01 is a 10,000-ton+ electric vessel that sets a new standard for...

Tesla Drivers Get $4k Off 2024 Chevy Blazer EV; Costco Auto Slashes Prices on New EVs

Tesla owners rejoice as Chevrolet rolls out an unprecedented $4,000 discount on the 2024 Blazer EV, open to Tesla drivers and a quirky list of EV owners. The electric vehicle market got more enticing with incentives...

Tesla Granted South Korean Emission Credit Trading Rights by Environmental Ministry

Ministry of Environments green light for Tesla to trade emission credits in South Korea marks a significant milestone, enabling the electric car giant to tap into a potentially lucrative market. With estimated credits...

US Lawmakers Push SEC for Bitcoin Options Trading Approval

In a bipartisan effort, US Representatives Mike Flood and Wiley Nickel have penned a letter to SEC Chair Gary Gensler, urging swift action in approving options trading for Bitcoin exchange-traded products (ETPs). Amid...
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