⏱️This edition of the National Account’s newsletter is a six minute read.
👋 G’day everyone, Archie here.
Firstly, thank you all for the great feedback I’ve been getting on these newsletters, it’s really nice to know there is someone on the other side!
I’ve got a few yarns for you to take into your weekend:
A longer chat about what state governments could do to help actually fix the housing crisis.
The City of Sydney’s investigation into banning Airbnb
The One Nation candidate who reportedly donated $100 to Labor, praised the independent he's now running against, and was rejected by Labor for offensive comments about Julia Gillard.
So let’s crack into it 🗞️
It seems like a no brainer
🗣️ Why did he say that?
Victoria has quietly become one of the more affordable housing markets in the country, much to the delight of first home buyers trying to get their foot in the door.
Today I had a chat with Emeritus Professor Hal Pawson, from UNSW's City Futures Research Centre. I wanted to know how the Melbourne property market had become more affordable for first home buyers — and if the same policy settings could be replicated across the other states and territories.
Hal suggested some things state and territory governments could be doing to actually help fix the housing crisis, at no extra cost to the taxpayer.
Watch the full interview below:
Airbnbanned 🏘️
As areas of the City of Sydney LGA, like Millers Point, turn into “hotel suburbs”, the council has begun an investigation into what a ban on short term accommodation could look like.
Councillor Sylvia Ellsmore told the National Account that in Sydney there are short term rental providers who door knock long term rentals when tenants move out, offering to manage a lucrative switch to short term.
"We've identified another provider in our area who targets ex-public housing properties and has 30 listings specifically for Airbnb”, said Ellsmore. “So it's that kind of predatory investor behaviour that is bad for communities, bad for our city, that in particular we want to tackle."
Make up your mind
One Nation's candidate for the Farrer byelection, David Farley, was reportedly a former NSW Nationals member who approached Labor about running for office, donated $100 to a Labor campaign, and publicly backed the independent he's now running against.
What’s going on?
Thanks for catching up with me. I hope you enjoyed this issue, and I’d love to hear your thoughts. Just reply to this email and I’ll be on the other side 👋
I’ll be back on Monday.
Cheers, Archie