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Housing News Digest
Housing News Digest
The Tenants' Union Housing News Digest compiles our pick of items from all the latest tenancy and housing media, sent once per week, on Thursdays.
Below is the Digest archive from November 2020 onwards. From time to time you will find additional items in the archive that did not make it into the weekly Digest email. Earlier archives are here, where you can also find additional digests by other organisations.
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See notes about the Digest and a list of other contributors here. Many thanks to those contributors for sharing links with us.
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Archive
BOM declares La Niña, increasing flood risk for third year in a row
Kate Doyle ABC (No paywall)You say La Nina, I say mould ... After months of speculation it is finally Bureau of Meteorology official: we are in the third La Niña in a row. Also, read Ciara Jones's article entitled: 'As Queensland readies for a third La Niña event, here's how you can prepare your property' on the ABC at: [https://www.abc.net.au/news/2022-09-15/bom-la-nina-weather-forecast-brisbane-queensland-rain/101437142]
https://www.abc.net.au/news/2022-09-13/bom-declares-third-la-nin…
# NSW, Mould.The ‘mirage’ on Sydney’s outskirts
Catherine Hanrahan ABC (No paywall)It was supposed be Sydney’s answer to Silicon Valley. But six years after plans for this $5 billion tech hub were approved, its near 300-hectare site is still a paddock. The blueprint was bold: gleaming laboratories, office towers, a school and 12,000 much-needed jobs in the city’s booming south-western suburbs. But there are now fears the Sydney Science Park dream is an expensive “mirage”, at risk of being turned into another housing estate on the city’s fringes, where residents must commute long distances to earn a crust.
https://www.abc.net.au/news/2022-09-15/inside-sydney-science-par…
# NSW, Housing market, Sydney, Work, employment.Smears and fears as Commish targetted
Jimmy Thomson (No paywall)If NSW Building Commissioner David Chandler has served no other function, he earns our respect and gratitude for being a very useful source of entertaining, informative and occasionally horrifying stories. (Flat Chat)
# Video NSW, Strata, Housing market, Minimum habitability standards.Darwin's rising property values attracting investors, putting pressure on Northern Territory renters
Alicia Perera and Myles Houlbrook-Walk ABC (No paywall)According to figures released by property data provider CoreLogic this month, Darwin is the only capital city in Australia where dwelling values are rising. ... With rising rents and more affordable properties compared to other capitals, experts say the situation is a boon for investors. The trends are not good news for everyone. As rents and sales prices continue to grow, experts say renters and prospective buyers at the lower end of the market are struggling to keep up. Mike Byrne, regional coordinator with affordable housing peak body NT Shelter, said Darwin renters were being squeezed with price hikes of up to $100 a week or $150 a fortnight.
https://www.abc.net.au/news/2022-09-13/nt-darwin-property-prices…
# Australia, Rent, Housing affordability, Housing market, Landlords and agents.Gunnedah residents feel forgotten after flood inquiry focused on Northern Rivers
Jennifer Ingall ABC (No paywall)For those who have lived through flood events, big or small, the confirmation of a third La Niña brings a whole new feeling of anxiety. With the nation's focus largely on northern NSW, residents who lived through major floods in the state's north west just months earlier feel forgotten. A number of Gunnedah residents made submissions to the recent flood inquiry but feel they have not been included in its recommendations.
https://www.abc.net.au/news/2022-09-15/gunnedah-residents-feel-i…
# NSW, Climate change, Housing market.Dispatches from the National Housing Summit 2022
Inside Housing (Paywall)From the United Kingdom ... Here's a round-up of the major talking points from the National Housing Summit in Birmingham
https://www.insidehousing.co.uk/insight/insight/dispatches-from-…
# International, Public and community housing, Utilities electricity water gas, Housing market.Federal migration lift will add to housing ‘pressure cooker’: Palaszczuk
Matt Dennien The Sydney Morning Herald (Paywall)The Queensland opposition has warned against a new housing summit becoming a “talk fest”, as Premier Annastacia Palaszczuk suggested a federal government decision to lift annual migration intakes would strain the sector further. Palaszczuk on Tuesday announced a roundtable – with stakeholders including councils and social service groups – to be held on Friday, before an October state-based summit to canvass the issues facing people trying to get, or keep, a roof over their heads.
https://www.brisbanetimes.com.au/politics/queensland/federal-mig…
# Australia, Housing market, State Government.Why super funds may be hesitant to invest in Australian housing
Joey Moloney and Brendan Coates The Sydney Morning Herald (Paywall)Australia has $3.3 trillion of superannuation savings – the fourth-largest retirement savings pool in the world – but practically none of it is invested in Australian housing. Treasurer Jim Chalmers wants to change that. At last week’s job summit, he committed to working with super funds to invest in housing. Some $575 million has also been committed to encourage private capital, including super funds, to invest specifically in social and affordable housing.
https://www.smh.com.au/money/super-and-retirement/why-super-fund…
# Australia, Housing market.