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Joined 1 year ago
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Cake day: June 15th, 2023

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  • Did you read the whole article? It is essentially saying what you are saying.

    And if we’ve learned anything from the past four decades, cheaper loans have only helped drive prices higher.

    … which will make it marginally cheaper to borrow and hence temporarily improve affordability. Unfortunately, that could be enough to lure in more buyers, which will push prices higher

    Given we’re not building anywhere near enough dwellings to house our rapidly expanding population, real estate is likely to continue rising. Add to that the tax incentives that favour investors, and any interest rate cuts are likely to only deliver a temporary respite to those looking for a first home.

    But that rising wealth is likely to be concentrated in ever-fewer hands in the future.















  • Are you a legal expert? Is the fact that this is “art” not a more complex legal issue?

    edit: Quote from the article: “Mona’s legal team will be relying on the tribunal’s interpretation of section 26 of Tasmania’s Anti-Discrimination Act, under which a person is permitted to discriminate against another person in a situation designed to promote equal opportunity for a group of people who are disadvantaged or have a special need because of a prescribed attribute – in this case gender. It is under clauses like this in most of Australia’s anti-discrimination legislation that organisations such as male-only clubs and women-only gyms are able to operate.”