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The return of the Albanese government offers a chance to build on housing progress, with  millions of Australians expecting bolder action this term, according to Everybody’s Home.

The national housing campaign said a Labor win shows that Australians have overwhelmingly rejected the Coalition’s approach to Australia’s housing crisis. 

Everybody’s Home now looks forward to working with the Labor government, urging them to implement:

• A major expansion of social housing, aiming to deliver 940,000 new homes within the next two decades to meet demand 
• A phase out of unfair tax handouts to property investors that fuel property speculation
• Nationally consistent protections for renters
• A boost to income support to help keep people housed and out of poverty.

Everybody’s Home spokesperson Maiy Azize said: “Everybody’s Home joins the rest of the sector in congratulating the Labor government on its re-election. This victory offers an opportunity to build on the work the government has done in its first term, including on housing.

“Australians have rejected the Coalition’s housing agenda, which offered policies that would make affordability worse. Raiding your superannuation to buy a home, allowing first-time buyers to deduct mortgage interest payments from their taxable income, and scrapping the Housing Australia Future Fund designed to build more social homes are clearly not vote winners. 

Recall that the Supreme Court ruled that Venezuelans threatened with removal under Trump’s invocation of the Alien Enemies Act had to use habeas corpus proceedings to challenge threatened deportations. Because habeas petitions must be filed in the geographic locale where detainees are held, this has led to litigation all over the country. Much of it has involved emergency motions seeking temporary restraining orders to halt deportations while the underlying legal issues are litigated. Now, for the first time, a court fully briefed on the relevant issues has ruled that the entire Trump effort to use the AEA as a basis for removing purported members of TdA is unlawful.

Judge Fernando Rodriguez of the Southern District of Texas has entered a final judgement and permanent injunction granting habeas relief to the Venezuelans detained in that District and forbidding the Trump executive from detaining, transferring, or removing them on the basis of the AEA. That's the bottom line, but understanding how Rodriguez got there is more complex.

When presented as a Peter Dutton proposal, 61.7% of Australians support the idea that gas exports should be taxed, 11.0% oppose. When presented as an Adam Bandt proposal, 59.0% support the idea and 12.3% oppose.

Furthermore, more than one in two Australians (55.7%) agree that Australia exports too much gas, 12.6% disagree, and an overwhelming majority of Australians (72.3%) support a parliamentary inquiry into whether Australia is getting a fair share of the profits from selling its gas, 7.6% oppose.

“Australia is awash with gas, and our research shows Australians know it. Forcing the gas industry to prioritise Australians ahead of exports is popular at the ballot box, and if would be foolish for whoever forms Government to miss this opportunity,” said Mark Ogge, Principal Advisor at The Australia Institute.

“With all sides of politics finally recognizing Australia’s gas export problems, the next Parliament will be in a good position to do something about it.

“Our research shows that Australians overwhelmingly support the idea that gas exports should be taxed, irrespective of which political party suggested it.”

This was a unity ticket, minus one.

Liberal ACT senate candidate Jacob Vadakkedathu opposed the move. He said that voters tell him, “we don’t need any more pollies”. It’s easy to offer an argument against more politicians in a cost-of-living crisis.

To be fair to Vadakkedathu, the Liberal Party historically had form on senate representation for the territories.

In the 1970s, Liberals opposed the creation of senate seats for the ACT and NT, arguing that the senate might one day be “swamped” by representatives from other territories like the Cocos Islands, and that it might lose its constitutional character as a “states’ house”. They fought against the measure at three successive elections (including one double dissolution) and forced the matter all the way to an historic, deadlock-resolving joint sitting of the two houses in August 1974.

The idea of “swamping the senate” was laughable then, and even more so now. The quota for ACT and NT Senate elections is extremely high. The Labor Party, the Greens and Independent Senator David Pocock all agree that the ACT’s senate representation should (at least) be doubled.

On April Fool’s Day, the Reserve Bank board decided not to cut interest rates, citing uncertainty about the economy.

At the time we criticised the decision arguing that not only were there enough signs that the economy was faltering and households were hurting, but that given the announcement of Donald Trump’s tariffs two days after the April RBA meeting, the board should have met again, rather than wait till the 20th of this month to make another decision.

Today’s retail trade figures highlight just how badly the RBA has misread the economy.

In the board’s statement in April, they noted:

“Household consumption growth had started to recover in the December quarter, underpinned by the ongoing pick-up in real household incomes. While some of this recovery in consumption appeared to reflect price-sensitive consumers concentrating spending in promotional periods during the December quarter, the pick-up in spending growth among components not affected by sales events suggested there had been a genuine improvement in underlying momentum. More recent indicators signalled that some of this pick-up had been sustained.” [our emphasis]

Well, today’s retail trade figures show the complete opposite. There was no genuine improvement, nor any sense of sustained pick-up in retail turnover.

The Hubei Association is an Australia-wide community association for those from the Hubei province, whose capital city is Wuhan… the very place where COVID-19 started. How deep does that rabbit hole go?! Somebody please get our best pundits on the case!

Neither campaign ultimately took up the Association’s offer of assistance.

The issue came up in during a regular segment featuring Liberal campaign spokesperson Jane Hume and O’Neil herself on the Seven network. Hume remarked to the minister that there “might be Chinese spies handing out” her how-to-vote cards, but the Liberals had “dozens, thousands, hundreds of young people” on the hustings.

The campaign, which appears to have run out of serious policy, seems to be resorting to a back catalogue of redbaiting and dog-whistling from Cold War-era electioneering. But the history of fearmongering about foreign interference in Australian elections runs deeper.

I am standing on the Devil’s Promenade, waiting to see the light.

Folks have been flocking to this rural road since the early 20th century, when the apparition was first publicized. The Devil’s Promenade — also known as East 50 Road — borders Hornet, Missouri, so named because Route 66 commerce once made it buzz with activity. Now Hornet is a ghost town, and its ghost is the central attraction.

They call it the Spooklight. Stay past sundown, and a fiery orb the size of a basketball will float down the avenue, alive as an animal, chasing and taunting you. It has been spotted by everyone from Quapaw Nation elders to long-time locals in nearby Joplin to the US Army Corps of Engineers, which confirmed its existence as a “mysterious light of unknown origin” during World War II.

I had a list of things I wanted to see before America ended, fantastical things like accountability and prosperity and the Hornet Spooklight. I knew my odds were best with the Spooklight, so to the Devil’s Promenade I came.

In 2016, there was arguably no issue that was more important to Donald Trump’s successful presidential campaign than the fate of the U.S. Supreme Court. Due to the February 2016 death of conservative judicial icon Antonin Scalia and the remarkably successful strategy of then-Senate Majority Leader Mitch McConnell and then-Senate Judiciary Committee Chairman Chuck Grassley to sideline then-pending nominee Merrick Garland and hold Scalia’s seat vacant through November, voters were able to cast their ballots uniquely confident that the winner of the presidential election would be able to decisively shape the Court’s future trajectory. The Scalia vacancy, along with Trump’s publicly floated list of possible high court picks, helped galvanize religious and social conservative support for the heterodox Republican nominee at a time when Roe v. Wade was still on the books.

Students of communications, humanities and the arts are particularly bad off since the Morrison government came up with the controversial Job-ready Graduates package (JRG) in 2020. JRG increased the cost of law and commerce courses by 28% and saw the cost of humanities subjects more than double. At the time, ministers argued that price incentives would redirect students to STEM, nursing, teaching and other areas.

Before JRG, fees for degrees were justified by some combination of the cost of teaching (for example, teaching dentistry is more expensive than history) or the graduate’s expected earnings (for example law and business graduates tend to earn more than those in creative arts and social sciences). JRG tossed away these justifications. Arts subjects are cheap to teach, and graduates have relatively lower earnings.

What is a fund?

There is no singular definition for a “fund”; governments regularly refer to a lot of very different things as “funds”. What they have in common is allowing governments to announce big numbers (“we will create an $20 billion fund!”) without spending that amount of money.

I’ll explain why by looking at two categories of funds that governments create: investment funds and investment vehicles. There are overlaps between these categories and all sorts of financial shenanigans, but I’ll keep it simple (ish).

Investment funds

An investment fund is a government investment account, usually involving investments in something like the stock market. Let’s think of it as a bank account that earns interest. Creating an investment fund generally doesn’t have much effect on the budget balance (deficit or surplus): if I take out a $1,000 loan and put it in a bank account, my financial position hasn’t changed (I have $1,000, I owe $1,000, netting out to $0).

Sometimes, governments design funds so that the interest (investment returns) they earn goes to something specific. An example of this type of fund is the Albanese Government’s $10 billion Housing Australia Future Fund. Despite constant mentions in the media, this did not directly spend $10 billion on housing; the government basically created a bank account, labelled it “housing”, and then (after negotiations) committed to spend about $0.5 billion each year, a small fraction of $10 billion initially deposited in the account.

New Australia Institute polling shows that more than twice as many Australians support a power-sharing arrangement in the next term of parliament as oppose one (41.7% vs 19.7%).

And, among Independent and Other voters, more say that independent and minor party MPs holding the balance of power should support the party they believe can negotiate the best policy outcomes for Australia (47.8% and 49.8% respectively) than any other option.

An overwhelming majority (70%) of Australians think that the Senate should review and scrutinise every government policy on its merits, while just 12.2% think that the Senate should support every policy the government took to the election.

Twice as many Australians support an arrangement in the new parliament where the major party shares power and responsibility with crossbench parliamentarians as oppose it (41.7% vs 19.7%). 38.6% don’t know/not sure.

• ALP voters (47.5% support, 11.8% oppose), Greens voters (62.2% support, 5.0% oppose), Independent voters (47.9% support, 10.4% oppose), and Other voters (48.2% support, 14.0% oppose) all strongly support a powersharing Parliament
• Conversely, Coalition (29.6% support, 34.7% oppose) and One Nation voters (28.4% support, 31.4% oppose) oppose power-sharing arrangements more often than they support them

If independent and minor party MPs hold the balance of power after the federal election:

Around 80% of Australia’s gas is exported as liquefied natural gas (LNG), the gas industry pays ZERO royalties on more than half the gas exported.

Australia has an abundance of gas. In fact, Australia is one of the biggest exporters of gas in the world, alongside Qatar.

Australia Institute research shows over half (56%) of gas exported from Australia attracts zero royalty payments, effectively giving a public resource to multinational gas corporations for free.

It’s time the gas industry started paying its fair share.

There is no gas shortage

The gas industry loves to pretend that we have a shortage of gas. The reason? To use as cover to open new gas fields, most of which will feed their export plants.

We thought we’d better make an ad for that too.

Editor’s Note:  At a recent Portland City Council Committee hearing, two city commissioners challenged No More Freeways assertions that the Oregon Department of Transportation’s $1.9 billion Rose Quarter is actually building a roadway wide enough to accommodate 10 lanes of traffic, not just merely an additional auxiliary lane in each direction.  Bike Portland pointed out that these Councilors are placing their “blind faith” in the assertions of ODOT staff.  The record of this project shows that ODOT staff hasn’t earned anyone’s trust when it comes to accurately and honestly disclosing the width of this project. This matters because the project will be massively more costly, generate more traffic and more pollution than ODOT claims, and will worsen the quality of life in adjacent neighborhoods.

For more than six years now, ODOT has been concealing and willfully misrepresenting its plans to build an eight- or ten-lane freeway through Portland’s Rose Quarter. ODOT staff has known for years that it planned to build a 160-foot wide roadway through the Rose Quarter, and intentionally hid that information from the public and either lied or misled the public in its answers to direct questions about that basic fact.

Some would have us believe that if Australian voters do not give one party a majority tomorrow, the nation faces a period of instability, even chaos.

But history tells us there is nothing to be afraid of.

In fact, power-sharing parliaments can be effective and successful.

New research from The Australia Institute analyses 25 Australian elections where no one party won a majority.

What would the negotiations to form government look like? Who would be in the cabinet? Who would be speaker? Who would introduce legislation? How would it be scrutinised?

The report, Forming Power Sharing Government, (attached) examines all these issues and many more.

Key findings:

The paper identifies five things to expect from power-sharing negotiations:

• Negotiations may take time
• Negotiations usually draw on many years of parliamentary experience
• Agreements take a variety of forms
• Agreements may be with the unsuccessful major party, too
• Crossbenchers do not have to go with the party that wins more seats

Across power-sharing parliaments, crossbenchers have negotiated for:

The Coalition doggedly promised to cut 41,000 public servants in Canberra. Public service minister and Labor’s ACT Senate candidate Katy Gallagher said the number of public servants was “about right”, but as the ABC pointed out, she “did not rule out cuts altogether”.

Her exact words were: “there may be some changes across departments and agencies as programs finish and other priorities ramp up”.

There’s an obvious question here: if there’s still room for greater efficiency in the public service, what good does the annual efficiency dividend on the public service do?

The efficiency dividend was brought in by the Hawke Government in 1987. It forces government departments and agencies to find enough savings and efficiencies in their operations to accommodate a 1% cut in their budget each year.

It’s been around for nearly forty years now, and governments dial it up or down depending on whether they think there’s political advantage in it. But whichever way you look at it, they haven’t worked as intended.

The Wrap with Amy Remeikis

If the polls, the trend, and the vibe are all right, then voters are about to give the Albanese government another chance.

But you can feel the reluctance.  The only question that seems to remain is whether Labor will govern in its own right, or as a majority.

From the moment he became opposition leader, Anthony Albanese planned on becoming the first prime minister since John Howard to be re-elected.  He wants three terms. The old adage went that if you change the government, you change the country, but Albanese has been around politics long enough to know that’s no longer enough.

If you want to truly change the country, you need about a decade. That gives you time to refresh the statutory appointments, map out foreign relations, change the public service and shift the values of the nation.  It’s an easy criticism that Albanese has no long term plans – he obviously does.

On Thursday, he told reporters he was not a revolutionary, but a reformer and maybe, if his gamble pays off, history will judge him as such.

But his reforms are set at a glacial pace. And the world? Well that’s moving much faster.

And if Albanese and Labor don’t do something with power to measurably improve people’s lives this time around, they risk losing it all.

Over the course of an election campaign punctuated by about-faces and flip flops, one constant has been Peter Dutton’s use of “clear” and “very clear” in his press conferences.

Based just on the transcripts on his website, he says he’s been clear or very clear on average 3 times per day.

But on April 24 he knocked it out of the park with a score of 23 at a doorstop interview in New Town:

On electric vehicles: “there’s no change in the policy and no, we’ve been very clear.”…“We’ve been clear about that and we’ve been clear in relation to the policies on the EVs.”

On Trump: “We’ve been very clear about what this election is about and it’s about who has the strength of leadership to stand up for our interests.”

On AUKUS: “I think I made clear what I was saying about it.” When prompted further, he said “Well, we can clear it up later, but I’ve gone through it a few times.”

If you’re still not clear on the Coalition’s policies, it seems you’ve only got yourself to blame!

The post This election, Peter Dutton has been repeatedly very, very clear appeared first on The Australia Institute.

It’s not often that an opinion writer has the good fortune to elicit serious commentary from respondents of the caliber of Christopher Caldwell, David P. Goldman, Helen Andrews, John DiIulio, and Jeremy Carl. I’ve read with admiration the work of all five commentators for many years and have books by four of them on my shelves. I’m grateful to them for taking the time to respond and share their knowledge and practical wisdom.

Christopher Caldwell, I take it, is generally favorable to the idea of granting legal status to the millions of illegals in the country who do not have criminal records. But he worries, and rightly so, that the compromise I propose would be unable to clear the hurdles presented by the U.S.’s existing civil rights regime—hurdles that activist judges would likely multiply. In practice, legal residence combined with amnesty for past misdemeanors would turn into “a euphemism for a program of settlement,” or “an immigration program that dare not speak its name.”

On this episode of Dollars & Sense, Greg and Elinor discuss bracket creep, tariffs and the Aussie dollar, and the great silence about revenue in the federal election campaign.

This discussion was recorded on Thursday 1 May 2025 and things may have changed since recording.

Watch the Australia Institute’s Election Night Live on YouTube, Facebook or our website.

Order ‘After America: Australia and the new world order’ or become a foundation subscriber to Vantage Point at australiainstitute.org.au/store.

Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @grogsgamut

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

Weirdly for a party that has been criticising the ALP for being big spending, and putting pressure on inflation, the coalition announced that both 2025-26 and 2-26-27 would have bigger budget deficits.

They countered this by forecasting smaller deficits in the final two years of the forward estimates – but one of those year will be after the next election so it is less a forecast and more some numbers that no one thinks there is any hope of being accurate.

So where are the big “savings”? They estimate they will save $17.2bn over 4 years from cutting 41,000 public servants from Canberra.

Apparently, this will not involve cuts or voluntary redundancies or frontline staff or anyone from Defence or security agencies. As Jack Thrower noted, given in December 2024 there were only 69,438 APS jobs in Canberra, once we exclude those areas we are left with 46,293 jobs. So the Coalition costing assumes that nearly 90% of Canberra’s APS will resign over five years. If the Dept of Health counts as frontline, then we’re assuming 99.2% of people quit, and we know the Coalition loves the War Memorial, so if that is also excluded the Coalition is now assuming that over 100% of the remaining public servants will resign.

There was no costing on the nuclear power other than to note it will all be off-budget in a fund, because apparently a nuclear power plant that have no commercial viability will deliver a return on their investment.

1. Uni graduates pay more in HECS than the gas industry pays in PPRT

University used to be free but is now more expensive than ever. After graduating with an arts degree a young Australian will now repay the government around $50,000.

Meanwhile, Australia is one of the world’s largest gas exporters, but multinational gas corporations pay almost nothing for Australia’s gas. Uni graduates now pay back much more in student debt (HECS/HELP) repayments than the gas industry pays in Petroleum Resource Rent Tax (PRRT). In 2023-24 Australians paid more than 4 times on HECS/HELP than gas companies did on PRRT.

On the ABC’s vote compass survey of more than a quarter of a million people, about 12% rank it as their number one concern. Overall it’s in the top four, above housing, health and immigration.

“So why is it receiving so little attention? Perhaps it is because everyone has decided this is the ‘cost of living election’,” said Stephen Long, Senior Fellow and Contributing Editor at The Australia Institute.

“Fair call – but the reporting, commentary, and much of the campaign rhetoric largely ignores the significant role climate change plays in driving up prices.”

Australia Institute research shows a direct connection between climate change and the cost of living.

1 . Make it illegal to lie in a political ad

Rival claims of misleading advertising from both sides of politics are the inevitable consequence of the absence of Truth in Political Advertising laws.

Almost 9 out of 10 Australians (89%) support Truth in Political Advertising laws, according to research from the Australia Institute.

It’s far from an outlandish idea. In fact South Australia has had truth in political advertising laws for almost forty years. The ACT has had similar laws since 2020. They work.

If the Government and Parliament are serious about addressing misinformation and improving debate, they could pass truth in political ad laws in time for the next election.

2. Reform negative gearing and the capital gains tax discount

The combination of these tax concessions for housing investors has inflated house prices well beyond incomes and made it harder for people to buy a home to live in.

Reforming these two would rebalance the housing market by reducing demand from investors and make it easier for first time buyers.

These two tax concessions are also enormously skewed towards the wealthiest Australians: the richest 10% reap more than half of the benefits.