All posts by Brendan Coates
How housing made rich Australians 50% richer, leaving renters and the young behind – and how to fix it
This article is republished from The Conversation under a Creative Commons license. Read the original article here. Compared to the rest of the world, income inequality is not particularly high in Australia, nor is it getting much worse – until you include housing. Rising housing costs have dramatically widened the gap between what Australians on…
Lifting migration was easy – now Australia faces two tougher choices on migrant income and residency
This article is republished from The Conversation under a Creative Commons license. Read the original article here. The federal government’s decision to lift Australia’s permanent migrant intake from 160,000 to 195,000 this financial year, which it announced at the jobs summit, has been applauded by business leaders and premiers. But by itself, lifting migration will…
axing the ‘business investment’ visa would save Australia $119 billion over three decades
This article is republished from The Conversation under a Creative Commons license. Read the original article here. This article is part of The Conversation’s series looking at Labor’s jobs summit. Read the other articles in the series here. With the Albanese government facing difficult challenges on many fronts in the lead-up to the summit, one…
The myth that won’t die: shutting down immigration did not kickstart the economy
This article is republished from The Conversation under a Creative Commons license. Read the original article here. Australia’s unemployment rate – now at 4.2% – is at its lowest in more than a decade. It’s not too far off slipping below 4%, something that hasn’t happened for the best part of half a century. This…