Avsnitt
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Imagine it’s 2050 and the housing bubble in Australia never burst. Where do we live, how do we pay for it and what is day to day life like?
Exorbitant home prices not only keep Australians in the crowded and expensive rental market, but they also change life plans and society.
In this episode, ABC business editor Michael Janda explains why housing crisis is the country’s biggest issue. It locks people into debt, delays retirement, creates stress and insecurity, contributes to falling birth rates and exacerbates inequalities between the generations.
We’re hostage to housing.
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Housing has become a dream for investors and a nightmare for those struggling to get a slice of the pie. We find ourselves increasingly mired in a debt trap at both an individual and economy-wide level.
This is Housing Hostages; a five-part series from ABC News Daily. With the help of ABC business editor Michael Janda, we’ll get to the heart of the housing crisis and explain why we’re all hostage to housing.
Imagine owning dozens of properties at once. In this episode, investing expert Margaret Lomas explains how climbing the property ladder over decades delivered her housing and financial security. We meet desperate first home buyers and explain why emulating Margaret’s property success is now impossible.
In this series, we’ll scrutinise the possible culprits for this crisis and look at how our housing fortunes influence everything from birth rates to retirement plans. Is it time for the housing bubble to burst and what lessons are there from overseas about what happens next?
Finally, we examine the supply solution that so many vested interests reach for and ask; what really needs to be done to boost the supply of housing and dampen demand for it, to try to make things just a little bit better?
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Saknas det avsnitt?
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It was Donald Trump’s first cabinet meeting of his second term, sitting at a table with his controversial picks, all dressed in suits and smiling for the cameras.
But it was a man dressed all in black, wearing a T-shirt, jeans and a black MAGA cap who dominated the room.
Elon Musk is the man of the moment, as he goes about slashing government spending and jobs.
Today, Tom Nichols, staff writer at The Atlantic, on what Musk and Trump are really trying to achieve.
Featured:
Tom Nichols, staff writer at The Atlantic
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At 4.1 percent, Australia has one of the lowest unemployment rates in the world.
That should mean that most people who want a job, have a job.
But for anyone looking to switch jobs or climb up the ladder it’s really hard.
Experienced professionals who have decades of experience are being overlooked for cheaper, younger talent.
Today, business reporter Nassim Khadem on why job hunting’s become like online dating, where hirers ‘ghost’ applicants.
Featured:
Nassim Khadem, ABC business reporter
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US President Donald Trump insists that Russian leader Vladimir Putin would allow peacekeepers into Ukraine as part of a deal to end the war.
But how would that work and would it be risky having soldiers from European nations on Russia’s doorstep?
Today, Russia expert Matthew Sussex on the three-year anniversary and what version of peace the US and Russian leaders are aiming for.
Featured:
Matthew Sussex, associate professor at the Centre for European Studies at the Australian National University
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Labor and the opposition are in furious agreement, each committing to boost funding for Medicare to stop the decline in the number of GPs bulk billing.
But what was behind the fall in the first place and can $8.5 billion fix it?
Today, health economist Stephen Duckett on how the bulk billing incentive policy could work and whether your GP is about to offer bulk billing.
Featured:
Stephen Duckett, Honorary Enterprise Professor in the School of Population and Global Health at the University of Melbourne
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You’ve heard of IVF, now scientists are working on the next generation of reproductive technology, called IVG or in vitro gametogenesis.
It’s technology to produce eggs and sperm in a lab, possibly from just the skin cells of a prospective parent.
It would, in theory, allow three people to create a baby or even just one person, alone.
Today, Dr Alexandra Harvey, a senior research scientist with Melbourne IVF on the science behind it and the ethical dilemmas it will bring.
Featured:
Dr Alexandra Harvey, senior research scientist at Melbourne IVF
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Donald Trump declared Ukraine had started the war with Russia and labelled its leader Volodymyr Zelenskyy, a dictator.
Trump’s vice president JD Vance has thrown his support behind far-right parties in Germany.
At the same time, talks on ending the war in Ukraine began with only the US and Moscow at the table.
It was a week where we saw an extraordinary shift in American foreign policy, which led to European leaders holding crisis talks.
Today, Samir Puri, director of Chatham House’s centre for global governance and security on how it all unfolded and the consequences that could follow.
Featured:
Dr Samir Puri, Director of the Centre for Global Governance and Security at Chatham House and author of Westlessness: The Great Global Rebalancing
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The RBA’s interest rate cut has been largely welcomed but it won’t make much difference to the family budget.
So, why is there speculation that the Prime Minister Anthony Albanese might call an early election because of it?
Today, we speak to someone whose life was upended by the 13 interest rate rises and to a pollster about why Labor’s finding it hard to convince voters it’s not to blame for the financial pain.
Featured:
‘Jane’, former home owner
Kos Samaras, former Labor strategist and director of the RedBridge Group
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It’s almost three years since the Reserve Bank began the most aggressive cash rate hiking cycle in its history to combat surging inflation.
Now, Australia’s central bank has delivered a slight reprieve to borrowers, taking 25 basis points off the interest rate for mortgages, once the banks pass it on.
Today, the ABC’s finance expert Alan Kohler on what it means for households and when the next cut might be.
Featured:
Alan Kohler, ABC finance expert
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Within hours of its release, the Chinese-owned AI chatbot called DeepSeek became one of the most downloaded apps in the world.
Most commentators say it performs just as well as the market-leader ChatGPT, but should we be wary of it?
Each time users open it up and type something into that box, the app is gathering information and sending it back to servers in China.
Today, ABC technology reporter Ange Lavoipierre on why the Australian government has banned it on its devices and whether the rest of us should avoid using it.
Featured:
Ange Lavoipierre, ABC national technology reporter
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Emily’s son loved sport, animals, reading and music, but when he turned 16, everything changed.
He started to get obsessed by politics and thought the country was headed in the wrong direction.
It wasn’t until his mother saw a photo of her son on the news that she realised he’d joined a neo-Nazi group.
Emily hopes a deradicalisation program will keep her son safe from extremists, but there’s concern about the availability and quality of the services.
Today, Four Corners reporter Avani Dias on Emily’s case and a rise in extremism among young Australians.
Featured:
Avani Dias, Four Corners reporter
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Donald Trump says negotiations to end the war in Ukraine have begun and both Russia and Ukraine want peace.
The US president chose to call the instigator of the war Vladimir Putin first to discuss a potential deal, raising fears he’ll push Ukraine to the sidelines.
The US is already insisting that Ukraine can’t restore its territory to what it had in 2014 and it says Ukraine won’t join the NATO military alliance.
Today, international relations expert Rajan Menon on what peace might really look like under Trump.
Featured:
Rajan Menon, professor emeritus of international relations at the City College of New York and senior research scholar at Columbia University
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Two nurses from a Sydney hospital have been stood down while police and the health department investigate them for making threatening comments about Israelis.
One says they’ll refuse to treat Israeli patients and the other even claims he’s killed Israeli patients.
NSW Health Minister Ryan Park said the comments made by the pair were "vile, dehumanising and unacceptable".
Today, Deborah Stone from The Jewish Independent news website on the footage and the response to it.
Featured:
Deborah Stone, editor-in-chief of The Jewish Independent
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Donald Trump says no nation will be exempt, although there’s a prospect of Australia winning a rare reprieve from hefty tariffs being imposed on all steel and aluminium imports to the United States.
Australia’s Prime Minister Anthony Albanese has been on a phone call with the US president, urging him to exempt Australia from the 25 per cent import tax.
The key argument is that Australia imports a lot more from the US than it sells there.
Today, economist Susan Stone on the latest front in the trade wars and what it means for us.
Featured:
Dr Susan Stone, Credit Union SA Chair of Economics at the University of South Australia
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Elon Musk thinks the peak US foreign aid agency is ‘evil’ and so in his powerful position as Donald Trump’s cost cutter he’s getting rid of it.
USAID was set up by President John F. Kennedy and supports humanitarian projects across the globe.
Already there are reports of people dying on the Thai-Myanmar border when a US supported hospital in a refugee camp was abruptly shut down.
So, what’s Mr Musk up to and why?
Featured:
Matthew Maury, interim CEO of The Australian Council for International Development
Alan Yu, senior vice president for National Security and International Policy at the Center for American Progress
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BMI, or body mass index, has long been used as a simple calculation to determine if someone is underweight, a ‘healthy’ weight or obese.
But when it was devised by a Belgian mathematician almost 200 years ago, it was never supposed to be a tool to measure health.
Now, researchers are challenging the way obesity is defined and diagnosed. Today, a look at the new approach and why there’s a global push away from BMI.
Featured: Willow Moscarda, Perth studentDr Louise Bauer, Professor of child and adolescent health, University of Sydney
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The police bodycam vision has been beamed around the world after being played in a London court.
It shows Sam Kerr calling a police constable ‘f***ing stupid and white.’
Now the Matildas captain is on trial over allegations she racially harassed him.
Today, host of The Sports Ambassador podcast Tracey Holmes walks us through the case.
Featured:
Tracey Holmes, The Sports Ambassador podcast host
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Donald Trump wants America to take over Gaza and for all Palestinians to leave so it can be turned into a “Riviera of the Middle East.”
The idea, unleashed in a joint press conference with the Israeli Prime Minister at the White House, is a complete upending of decades of Middle Eastern policy that could involve American troops on the ground.
Today, Hussein Ibish from the Arab Gulf States Institute on the implications of Trump’s words and what might come next.
Featured:
Hussein Ibish, senior scholar at the Arab Gulf States Institute, Washington D.C.
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Donald Trump says he loves tariffs but just hours after he slapped massive levies on Mexico and Canada he’s taken them away.
The surprising U-turn has rattled financial markets and revived fears of a global trade war.
So, what on earth is the US President up to and how will the global economy respond?
Today ABC TV’s finance expert Alan Kohler on what Trump’s tariff moves mean for Australia.
Featured:
Alan Kohler, ABC TV finance expert
- Visa fler
