Pitch Engine
The Times Real Estate

.

$1 billion per year (or less) could halve rental housing stress

  • Written by Rachel Ong ViforJ, Professor of Economics, School of Economics, Finance and Property, Curtin University
$1 billion per year (or less) could halve rental housing stressapichai kleechaya/Shutterstock

COVID has shown us what’s possible when it comes to alleviating poverty.

For six months JobSeeker payments were doubled and then maintained at a level 50% above normal.

When the bonus finishes at year end it is likely to be permanently increased for the first time in almost 30 years.

Commonwealth rent assistance...

Read more: $1 billion per year (or less) could halve rental housing stress

More Articles ...

  1. Vital Signs: we'll never cut unemployment to 0%, but less than 4% should be our goal
  2. We put forward a way to govern ASIC better. The government said no
  3. Rather than recalling unsafe products, why not ensure they're safe in the first place?
  4. Pumped hydro isn't our energy future, it's our past
  5. Blink and you'll miss it: what the budget did for working mums
  6. Momentum vs underdog status: this time the advantage is with Joe Biden
  7. 'Could do better': Top Australian economists award the budget a cautious pass
  8. Google's huge market share doesn't automatically make it a monopoly
  9. A fad, not a solution: 'city deals' are pushing universities into high-rise buildings
  10. Gaming the board: Crown Resorts shows you just can't bet on 'independent' directors
  11. Explainer: why the government can't simply cancel its pandemic debt by printing more money
  12. At the heart of the broken model for funding aged care is broken trust. Here's how to fix it
  13. Mathias Cormann wants to lead the OECD. The choice it makes will be pivotal
  14. Another building-site death adds to demands for industrial manslaughter laws
  15. The budget promises jobs, but does little for workers in the gig economy
  16. Beyond the police state to COVID-safe: life after lockdown will need a novel approach
  17. New modelling finds investing in childcare and aged care almost pays for itself
  18. No snapback: the budget sets us up for an unreasonably slow recovery. Here's how
  19. Virgin sacrifice: boardroom bloodletting signals a classic private-equity hijacking
  20. COVID won't kill populism, even though populist leaders have crisis badly
  21. Vital Signs: yes, we need to make things in Australia, but not like in the past
  22. In defence of JobMaker, the replacement for JobKeeper: not perfect, but much to like
  23. We need to restart immigration quickly to drive economic growth. Here's one way to do it safely
  24. Dissecting the Nobel: how Milgrom and Wilson changed the face of auctions
  25. Treating workers like meat: what we've learnt from COVID-19 outbreaks in abattoirs
  26. That advice to women to 'lean in', be more confident... it doesn't help, and data show it
  27. Making auctions work: the winning ideas behind this year's Nobel Prize in economics
  28. You can't trust the price-comparison market, as iSelect's $8.5 million fine shows
  29. None of the justifications for weakening bank lending standards quite makes sense
  30. A question for the treasurer: how do you treat mental health without measuring well-being?
  31. Social housing was one hell of a missed budget opportunity, but there's time
  32. It's not the size of the budget deficit that counts; it's how you use it
  33. High-viz, narrow vision: the budget overlooks the hardest hit in favour of the hardest hats
  34. This budget will only work if business and consumers play ball
  35. The budget's tax cuts have their critics, but this year they make fiscal sense
  36. Budget 2020: promising tax breaks, but relying on hope
  37. Budget 2020: Frydenberg tells Australians, ‘we have your back’
  38. Don't worry about the debt: we need more stimulus to avoid a prolonged recession
  39. The Brussels Finance Conference of 1920: a lesson in the perils of focusing on the past
  40. Big budget spending isn't new: it's a return to what worked before
  41. The bad bits of ParentsNext just came back
  42. Vital Signs: how to time a bombshell like Trump's tax returns
  43. The 5-prong plan for a budget that will set us up for the future
  44. Meet the Liveable Income Guarantee: a budget-ready proposal that would prevent unemployment benefits falling off a cliff
  45. Which Australian destinations lose, and which may win, without international tourism
  46. Each budget used to have a gender impact statement. We need it back, especially now
  47. Going cashless isn't straightforward. Ask Sweden, or Zimbabwe
  48. It's about to become easier to lend irresponsibly, to help the recovery
  49. We're facing an insolvency tsunami. With luck, these changes will avert the worst of it
  50. Top economists back boosts to JobSeeker and social housing over tax cuts in pre-budget poll