Leith van Onselen

1 week ago | macrobusiness.com.au | Leith van Onselen

Developer Nigel Satterley has called for more skilled migration to help ‘solve’ the housing shortage. Nigel Satterley, whose Satterley Property Group is the nation’s largest privately owned residential land developer, claimed that Australia had suffered an annual shortfall of 40,000 homes for over a decade. He claimed that without immigration changes to bring in more skilled workers, the situation wouldn’t improve.

1 week ago | macrobusiness.com.au | Leith van Onselen

Late last year, I attacked Labor housing minister Clare O’Neil for stating that Labor wanted house prices to rise at a “sustainable” rate. There you have it. The Albanese government does not want housing prices to fall at all. Source: https://t.co/EmndvZlkhg pic.twitter.com/ZDqYVsvU13 — Tarric Brooker aka Avid Commentator 🇦🇺 (@AvidCommentator) December 10, 2024On Monday, Opposition leader Peter Dutton repeated the line, saying that the Coalition wants to see house prices “steadily increase”.

1 week ago | macrobusiness.com.au | Leith van Onselen

While Australia’s two major parties are busy blowing the world’s largest house price bubble, New Zealand’s politicians are letting their house prices slowly deflate, restoring affordability. The REINZ house price index remained muted in March, rising 0.2% over the month to be 0.4% lower than a year ago. Major bank ASB noted that New Zealand remains well supplied with homes amid softer demand, driven in part by lower immigration.

1 week ago | macrobusiness.com.au | Leith van Onselen

Another day, another poor opinion poll for Peter Dutton and the Coalition. This week’s Roy Morgan poll shows Labor’s two-party support lifting to 54.5% (up 1% from a week ago), nine percentage points ahead of the Coalition’s 45.5% (down 1% from a week ago). Therefore, Labor would win an increased majority if the election were held now.

1 week ago | macrobusiness.com.au | Leith van Onselen

The Greens have performed best in the Australian Conservation Foundation’s (ACF) pre-election scorecard, receiving a rating of 98% for their environment and climate change policies. Labor was given a rating of 54%, with ACF CEO Kelly O’Shanassy praising policies such as its commitment to renewable energy and a continued ban on nuclear power. However, she said Labor was marked down over policies such as environmental protection laws and approvals for new coal and gas projects.