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Labor could yet again go to an election with a policy to tackle negative gearing, in a bid to ease the housing affordability crisis.
Treasury is reportedly reviewing the tax loopholes used by many property investors, such as negative gearing and capital gains tax deductions. Prime Minister Anthony Albanese and his cabinet have not yet committed to any policy revision. But with their Help to Buy housing assistance legislation struggling to pass the Senate, neither have they ruled it out.
One potential change would be a cap on the number of properties a person could negatively gear, although the new rules would not apply to people who already own negatively geared properties.
While changing capital gains and negative gearing policies would mark a big shift, Michelle Cull says it still may not be enough to deliver genuinely affordable housing. She says Australia needs bold policies that do more than just twist the dials on our tax settings.
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Margaret Easterbrook
Business Editor
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Michelle Cull, Western Sydney University
Australia needs bold new housing policies that don’t just rely on the taxation system but consider a range of measures to meet the housing needs of all Australians.
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Olga Anikeeva, University of Adelaide; Jessica Stanhope, University of Adelaide; Peng Bi, University of Adelaide; Philip Weinstein, University of Adelaide
When human activities disrupt and unbalance ecosystems, such as by way of climate change and biodiversity loss, things go wrong.
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Jay Rutovitz, University of Technology Sydney; Chris Briggs, University of Technology Sydney; Elianor Gerrard, University of Technology Sydney
The rapid shift in our electricity system calls for a huge increase in the workforce needed to construct, operate and maintain it. Urgent action on building up this workforce is needed.
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Jeff Bleich, Flinders University; Rodrigo Praino, Flinders University
More than 40% of Democrats and Republicans didn’t vote in the past three US elections. These non-voters could be pivotal in deciding who wins this year’s contest.
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Stephen Blumenfeld, Te Herenga Waka — Victoria University of Wellington; Chris Peace, Te Herenga Waka — Victoria University of Wellington; Joanne Crawford, Te Herenga Waka — Victoria University of Wellington; Roya Gorjifard, Te Herenga Waka — Victoria University of Wellington
The demand for hybrid work agreements has been on the rise. And extensive research has shown that flexible work can be more productive than being in the office full-time.
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Eric Parisot, Flinders University
A novel that invites adoration and controversy in equal measure, Goethe’s The Sorrows of Young Werther has endured in the popular imagination.
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Xanthe Mallett, University of Newcastle
The series tries to tackle the twisted case of the Menéndez brothers who murdered their parents, but it ends up turning a family tragedy into a cheap spectacle.
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Jonti Horner, University of Southern Queensland
Comet C/2023 A3 (Tsuchinshan-ATLAS) is expected to be the brightest spectacle of 2024. Our charts will help you find it in the night sky.
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Politics + Society
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Michelle Grattan, University of Canberra
We're joined on the podcast by Richard Holden, to talk about the book and also Australia's economic outlook, on what has been a big week for economic news.
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Michelle O'Shea, Western Sydney University; Christopher Yorke, Western Sydney University
A controversy involving a man dressing as a woman to access cheaper golf memberships highlights the challenges facing the sport, and women golfers, in Australia.
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Henry Maher, University of Sydney
The Greens have called for the government to intervene and tell the RBA to cut interest rates. Such a step would undermine central bank independence.
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Health + Medicine
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Kate O'Reilly, Western Sydney University; Kathleen Peters, Western Sydney University; Michelle O'Shea, Western Sydney University; Sam Jeffrey, Western Sydney University
More than 85% of people with distressing menopause symptoms struggle to get appropriate care. These barriers can be compounded for LGBTQIA+ people and those living with disability.
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Desireé LaGrappe, La Trobe University; Angela Taft, La Trobe University; Kristina Edvardsson; Laura Tarzia, The University of Melbourne; Leesa Hooker, La Trobe University
Behaviour to ‘promote’ or prevent pregnancy can intersect with domestic, family and sexual violence. It weaponises someone’s reproductive capacity to control them.
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Science + Technology
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Linda Przhedetsky, University of Technology Sydney
Rental technology platforms force renters to pay for costly background checks, collect too much personal data and use opaque algorithms to ‘score’ applicants.
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Culum Brown, Macquarie University
Scientists thought fish might simply be freeloading off the hard work of a hunting octopus. Now, it looks like it’s a true team effort.
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Victoria Berezowski, Deakin University; Ian Moffat, Flinders University; Xanthe Mallett, University of Newcastle
Borrowed from geology, subsurface imaging may help us solve crimes – if we know how best to use the tools.
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Environment + Energy
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Alison Reeve, Grattan Institute
It seems increasingly clear the Coalition’s nuclear policy would prolong Australia’s reliance on fossil fuels, at a time when the world is rapidly moving to far cleaner sources of power.
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Education
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Elaine Reese, University of Otago
Reading isn’t natural for humans – but storytelling is. Using decades of data, my new research highlights the role of parents in encouraging a love of books long before children start school.
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Arts + Culture
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Russell Fewster, University of South Australia
David Williamson’s newest play at the State Theatre Company South Australia takes us on board a ‘lifestyle cruise’ – or, to be blunter, a swingers cruise.
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Books + Ideas
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Dennis Altman, La Trobe University
The passions aroused by Israel’s escalating response to the Hamas attacks have revived centuries-old stereotypes, blurring the distinction between opposition to Israel and hatred of Jewish people.
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Business + Economy
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John Hawkins, University of Canberra
Australia’s inflation rate was pushed down by a 17.9% fall in electricity prices, but even the Reserve Bank’s preferred measure of “underlying inflation” is falling.
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