Housing price stimulation only reinforces inequality
February 19, 2021 â 12.05am
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Credit:The Age
The governmentâs insistence on doing everything possible to stimulate housing prices certainly bolsters its electoral chances but, in the process, it is accentuating and cementing inequality (âHow to stop the house price madnessâ, February 18). Clearly, those homeowners who own their homes outright and have good income are able to help their children enter the housing market.
On the other side, an increasing proportion of low-income households are being locked out of homeownership and are being forced into becoming life-long private renters with all the attendant insecurity and anxiety. Alternatively, they are purchasing homes which they can ill-afford and spending a considerable proportion of their income on servicing the mortgage. According to the ABS, at least a million low-income households were in housing stress (spending more than 30 pe
Undermining IPC betrays Barilaroâs deeper loyalties
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February 8, 2021 â 12.10am
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Credit: Fairfax Media
The Independent Planning Commission has rejected the application of the Dendrobium mine expansion saying the project risked irreversible damage to Sydneyâs drinking water (âBarilaro rakes IPC over coals on mine rulingâ, February 6-7). Deputy Premier John Barilaro, not happy with this outcome, wants to shoot the umpire, overturn the result and disband the IPC, leaving the decision to the experts in NSW Planning (who deemed the mines âapprovableâ last year) before any serious environmental investigation took place. I would like to thank the good people at WaterNSW, who have taken a strong, science-based opposition to the project because of the expected draining of swamps, and subsidence and cracking and damage to water quality. An appro