#garethhutchens — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #garethhutchens, aggregated by home.social.
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Aspiration has changed since the Howard era. This budget is finally catching up
By Gareth HutchensAt the turn of the century, "aspiration" described Australians who wanted to put their kids into private school and university, and to build their wealth by getting an investment property or two. Today, it means something humbler; millions of younger Australians simply aspire to own a home one day, to have some shelter.
https://www.abc.net.au/news/2026-05-17/budget-2026-27-chalmers-aspiration-housing-howard/106680828
#Budget #FederalGovernment #HousingPolicy #BusinessEconomicsandFinance #EconomicTrendsandIndicators #GarethHutchens
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What will be in tonight's federal budget? Here are the major measures we know about so far
By Gareth HutchensTreasurer Jim Chalmers is unveiling his fifth budget tonight, and housing for younger Australians will be a centrepiece.
#FederalGovernment #Budget #GovernmentandPolitics #HousingPolicy #Tax #DefenceandNationalSecurity #MigrationPolicy #GarethHutchens
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The RBA's post-COVID rate hikes caused Australians to work more
By Gareth HutchensThe International Monetary Fund found that thousands of Australians took on a second or third job when the RBA hiked rates rapidly in 2022 and 2023. It expected the opposite.
https://www.abc.net.au/news/2026-05-10/rba-rapid-rate-hikes-increase-labour-supply-imf/106652558
#MonetaryPolicy #InterestRates #Unemployment #EmploymentStatistics #LabourMarket #GarethHutchens
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The RBA's post-COVID rate hikes caused Australians to work more
By Gareth HutchensThe International Monetary Fund found that thousands of Australians took on a second or third job when the RBA hiked rates rapidly in 2022 and 2023. It expected the opposite.
https://www.abc.net.au/news/2026-05-10/rba-rapid-rate-hikes-increase-labour-supply-imf/106652558
#MonetaryPolicy #InterestRates #Unemployment #EmploymentStatistics #LabourMarket #GarethHutchens
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The RBA's post-COVID rate hikes caused Australians to work more
By Gareth HutchensThe International Monetary Fund found that thousands of Australians took on a second or third job when the RBA hiked rates rapidly in 2022 and 2023. It expected the opposite.
https://www.abc.net.au/news/2026-05-10/rba-rapid-rate-hikes-increase-labour-supply-imf/106652558
#MonetaryPolicy #InterestRates #Unemployment #EmploymentStatistics #LabourMarket #GarethHutchens
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The RBA's post-COVID rate hikes caused Australians to work more
By Gareth HutchensThe International Monetary Fund found that thousands of Australians took on a second or third job when the RBA hiked rates rapidly in 2022 and 2023. It expected the opposite.
https://www.abc.net.au/news/2026-05-10/rba-rapid-rate-hikes-increase-labour-supply-imf/106652558
#MonetaryPolicy #InterestRates #Unemployment #EmploymentStatistics #LabourMarket #GarethHutchens
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Price of poverty hurts us all, yet research reveals an easy fix
By Daniel Ziffer and Gareth HutchensIn 2020, Australia massively increased welfare payments and conducted a live experiment in ending poverty, but when the subsidy was removed, many were thrown back into hardship. Leaving aside the moral dimension, would it be cheaper to end poverty than to maintain it?
#Poverty #Unemployment #Tax #CostofLiving #SocialPolicy #Welfare #DanielZiffer #GarethHutchens
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#Auspol #HousingPolicy #AusHistory #GarethHutchens
interesting, quick read.
key points:
“Under the leadership of Robert Menzies, the Liberal-Country opposition would thereafter be strongly for individualism, free enterprise, and home ownership, in contrast to the Labor government's socialism, controls, and apparent denial of home ownership.
Widespread home ownership would be key to building up Australia's middle class. It would improve social cohesion and ensure that younger generations would have material lives that were as good, if not better, than their parents.
If you owned your own home, you'd have something to defend. It would turn you from a potential revolutionary into a citizen.”
….WHAT HAPPENED/“
“In the last few decades, under the leadership of both Liberal and Labor governments, that old belief that Australia would prosper if younger generations and low-income households could afford to purchase their own homes was apparently discarded.
A generation of Australians was encouraged to buy more houses than it needed.”