Australia

All these things have increased housing demand, as have the grab bag of government subsidies for homebuyers: first home owner grants, stamp duty concessions, mortgage deposit guarantee schemes and shared equity schemes.

Saul Eslake sardonically calls them “builders’ and land developers’ profit margin expansion grants”, and notes that once again John Howard’s fingerprints are on them.

“Almost 60 years of history – since Menzies introduced the first home owners’ grant scheme at the instigation of the Young Liberals’ then president, John Howard – shows that anything that allows Australians to pay more for housing than they otherwise would have has resulted in more expensive housing, not in more people owning houses.

“Suppose a first homebuyer can afford to spend $500,000. And then the state government comes along and says, ‘Well, you won’t have to pay $50,000 on stamp duty’, then the homebuyer thinks, ‘Well, okay, I can now afford to spend $550,000.’ Probably buying the same house, because there’ll be someone else with the same stamp duty exemption competing for it.”

In Australia, the Parliamentary Budget Office estimates the cost of tax breaks for the owners of multiple properties – including in particular negative gearing and capital gains tax rebates – will be more than $165 billion over the next decade. That’s almost half a million dollars for each of the 377,000 new dwellings the NSW government aims to build in the state under the National Housing Accord – deployable as a subsidy or used to build mass public housing outright with no net cost.

Ending these wealth-entrenching tax breaks would have other immense benefits as well. In particular, it would disincentivise housing-as-investment, thereby cooling the market and making purchase more possible for the young. At the same time, it would redirect massive investment funds towards industries that actually create goods.

Further, by reducing the incentive to land-bank, it would likely decrease vacancy rates. Of Australia’s roughly 10 million homes, 10 per cent were empty on the last census night. Prosper Australia estimates almost half of these vacant homes were “speculative vacancies”, deliberately kept empty or derelict.

Prime Minister Anthony Albanese's government says the move is needed to shore up domestic energy supply while supporting a transition to net zero.

But critics argue the move is a rejection of science, pointing to the International Energy Agency (IEA) call for "huge declines in the use of coal, oil and gas" to reach climate targets.

Australia - one of the world's largest exporters of liquefied natural gas - has also said the policy is based on "its commitment to being a reliable trading partner".

Released on Thursday, the strategy outlines the government's plans to work with industry and state leaders to increase both the production and exploration of the fossil fuel.

The government will also continue to support the expansion of the country's existing gas projects, the largest of which are run by Chevron and Woodside Energy Group in Western Australia. 

From the ABC's summary:

The Albanese government's Economic Inclusion Advisory Committee released its second report recently. […]

The committee made 22 recommendations to the federal government on ways to best improve economic inclusion and create a more equal and prosperous nation.

It said its recommendations had been made with regard to their fiscal impact, their effect on workforce participation, and the long-term sustainability of the social security system.

But the committee said its five priority recommendations were to:

• "Substantially increase JobSeeker" and related working-age payments, and immediately improve the indexation arrangements of the payments.
• Increase the rate of Commonwealth Rent Assistance to better reflect the high rents actually charged in the private rental market.
• Commit to a "full-scale redesign" of Australia's employment services system to underpin the government's goal of full employment, and to replace the current system, which "worsens economic exclusion" with one that "promotes economic inclusion".
• Implement a national early childhood development system that is available to every child, beginning with abolishing the activity test for the child care subsidy to guarantee access to a minimum three days of high-quality care.
• Renew the culture and practice of Australia's social security system to support economic inclusion and wellbeing.

The committee's experts said that last point was really important.

Tenants in one of Victoria’s newest community housing blocks say they have gone weeks without being able to flush their toilets and months without being able to get a signal for TV, while their concerns over cracks in the building have gone unaddressed.

The $140m development in Dunlop Avenue in Ascot Value is the first development to open from the government’s Public Housing Renewal Program – now known as the Big Housing Build – and was heralded as the “most advanced” social housing project in the state when it was completed in March last year.

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The estate was previously public housing, managed directly by the Victorian government. Since its redevelopment, the 200-dwelling complex offers only community housing managed by third-party not-for-profit provider Evolve and rent-controlled affordable housing.

But residents of the estate say they have had ongoing issues with the building management. One tenant says they have been served a notice to vacate twice in 12 months – and residents say their requests for maintenance are often ignored or take weeks to address.

The lives of detainees in Australia’s immigration detention centres are controlled by a secret rating system that is opaque and often riddled with errors, a Guardian investigation has found.

Developed by Serco, the company tasked with running Australia’s immigration detention network, the Security Risk Assessment Tool – or SRAT – is meant to determine whether someone is low, medium, high or extreme risk for factors such as escape or violence.

Detainees are also rated for an overall placement and escort risk – which may determine how they are treated while being transported, such as whether they are placed in handcuffs and where they stay inside a detention centre – but aren’t given the opportunity to challenge their rating, and typically are not even told it exists.

Immigration insiders, advocates and former detainees have told Guardian Australia the SRAT and similar algorithmic tools used in Australia’s immigration system are “abusive” and “unscientific”. Multiple government reports have found that assessments can be littered with inaccuracies – with devastating consequences.