Gangster imperialism. ‘An expanding confrontation whose boundaries are increasingly difficult to define’.
The dry and the wet burn together www.lrb.co.uk/blog/2026/ma...
Cancelling an event with Francesca Albanese is an act of cowardice on the part of Adelaide Uni. Universities must be places that foster rigorous debate & exchange of ideas, not a vehicle for the whims of a conservative administration. Where's the courage?
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Who profits from the war Albanese is backing? The billionaires & corporations who profit from oil & weapons manufacturing. For them, war is a business model. Meanwhile every day people pay with their lives. Labor cannot continue to support Trump & Netanyahu's illegal war!
Enough of housing as a game of monopoly. Labor needs to stop faffing around with the HAFF, which is too slow and too complex, and invest directly in building good quality homes and renting them to people who need them at prices they can actually afford.
Labor needs to treat housing as a human right instead of giving bns of tax breaks to wealthy property investors. It needs to cap rent & build more public housing. It needs to scrap neg gearing & the CGT discount that only drive up house prices & rents and fuel inequality.
Housing has become a tool for wealth rather than about meeting a basic need & people are doing it tough. Homelessness in Australia is the worst in living memory, having increased by 10 percent since Labor was elected. We still don’t have a national plan to end homelessness.
Australia's housing crisis has resulted in a UN review calling for housing to be a human right. When the UN is telling a rich country like Australia to do better on housing the government needs to take a long hard look in the mirror. Surely that’s a wake-up call?
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APRA must use all in its tool box to rein in investor lending that is exacerbating the housing affordability crisis. APRA has acted before to cool investor lending & it led to the greatest stabilisation of house prices in 30 years, they need to take that decisive action again.
Investors already have a $100,000 advantage at auctions. It shouldn’t be easier for wealthy property investors to buy their 5th, 10th, or 20th house. The more they buy, the less there are for FHBs. We urgently need to cool the overheated investor credit market.
With investor lending out of control, house prices soaring through the roof and further rate hikes on the horizon, it’s time for APRA to level the playing field to give first-home buyers a chance.
New APRA data shows investor lending tracking at the fastest rate since 2015 - this should be raising the alarm for APRA to intervene. If only APRA had acted in 2025 when the Greens had asked them to. Instead the housing crisis continues to spiral while Labor refuses to act.
The Great Australian dream of owning a home is dead thanks to Labor. The Greens want to tackle the root causes of the housing crisis - tax breaks for wealthy property hoarders & lack of social & affordable housing - to stop house price rises & out of control bank profits.
In the past 5 years the cost of entry-level houses has risen by 68%, units by 30% but wages have only increased by 21%. People are priced out & Labor is to blame. The 5% deposit scheme & tax breaks for wealthy investors are fuelling investor demand, pushing house prices up.
New data from Domain shows the average 1st home buyer can't afford a home in Australian cities! House prices are sky high, wages are behind & Labor's policies are only fuelling investor demand & raising house prices. Time to scrap the CGT discount & increase affordable housing.
Labor: the govt for house price increases. And first home buyer despair. In every city.
The Labor government must scrap the tax breaks for wealthy property investors. Labor has an opportunity to fix the housing crisis — but if they keep dodging real reform, they’ll lock a whole generation out of ever owning a home.
Labor cares more about rewarding property investors with tax breaks than it does about building good quality homes at prices people can actually afford to rent or buy.
Property investor tax breaks are helping high-income earners with, 59% of the benefits of negative gearing & CGT discount for investment property flowing to top 10%. Labor’s tax breaks have effectively created an investor playground that leaves first-home buyers behind.
New data shows property investors buying almost twice as many homes as first-home buyers thanks to government tax breaks. Average property investor loan is ~ $100,000 larger than the average loan taken out by a first-home buyer, which guarantees investors a leg up at auctions.
The big banks’ rake in the profits of a housing crisis spurred on by Labor’s policies, working Aussies struggle to afford rents & mortgages. Labor needs to start making policies for renters, 1st home buyers & mortgage holders instead of working for the banks & property hoarders.
Government decisions are driving this real reduction in wages - with the housing crisis spurred on by handouts to wealthy property investors, a 5% deposit scheme that's fuelling house price rises & government approval of a 4.4% rise to healthcare premiums, the biggest in 8 years.
Today's ABS data shows wages aren't keeping up w' inflation, as another bank, NAB, announces a quarterly profit of $2.1 bn. Wages rose a little but inflation climbed faster, meaning workers’ pay packets are going backwards in real terms & it's government decisions driving this.
Labor delivers real wage fall alongside housing price spike.
Rents thro the roof. 🏠 prices at record levels, delivered by the Ministry for House Price Increases. Disaster for so many super-stressed households. Despair for so many young people.
IMF joins the long line of economists saying Labor’s 5% 🏠 deposit scheme is pouring fuel on the housing crisis bonfire. A 3.6% increase in price of eligible homes below the cap in the last 3 months of 2025. A disaster.
Looks to me like the SA government has leased prime public land to Walker Corp at $1/yr for 100 years. Despite many requests, Labor refuses to hand over the figures on its dealings with Walker Corp, talking ‘commercial in confidence’. What does Labor not want us to know?
The ACCC’s action against Coles confirms what people already know - when corporations have too much power, they use it to squeeze people.
Fake discounts are one symptom of a system where dominant firms can do as they like while people struggle with cost-of-living pressures.
Labor's working for banks & wealthy property investors not renters or FHBs. Without tackling the root causes - tax breaks for wealthy property hoarders & lack of social & affordable housing - house prices will continue to spike, and banks will continue to rake in the profits.
This is the story of the last few years in a nutshell - misery for mortgage holders & renters & obscene profits for banks. Labor’s policies like the 5% deposit scheme & the $181b tax breaks for property hoarders - are driving up house prices while the banks take all the profit.
CBA has raked in $5.4bn in profit in half year results while ANZ's profit rose to $1.94bn & the average mortgage is up $70,000 in last 12 months. It's no secret that in a housing crisis the big banks’ obscene profits come directly from mortgagees & renters.
Rather than giving billions of tax breaks to wealthy property investors, the government needs to cap rents and invest directly in social and affordable housing, renting it to people who need it at prices they can actually afford.
