There is a lot of misleading information out there about things economic and it seems even more so when you combine property and taxation. Negative gearing is a case in point. Australia is a one-off? For example, it has been stated that Australia is the only country that allows for negative gearing deductions. But this…
Articles by Michael Matusik
Michael is director of independent property advisory Matusik Property Insights. He is independent, perceptive and to the point; has helped over 550 new residential developments come to fruition and writes his insightful Matusik Missive
Much is written about population growth and its positive impact on most things economic. But there is also a sting in that tale. Despite the intelligentsia telling us the opposite, the number of vehicles per capita, is on the rise in Australia. It is currently 794 vehicles per 1,000 bodies. It was 777 just before…
Building homes is restricted mainly by planning red (and green) tape, high taxation, government munificence, and not being able to easily build what the market wants and/or can afford. Now that is off my chest – hopefully for the last time for a while – let me outline why stopping overseas migration isn’t really a…
The conversation around Australia’s housing crisis often circles back to a familiar refrain: we need to build more homes. However, the reality on the ground paints a more complex picture where the push for vertical housing solutions like apartments is increasingly seen as misaligned with market demands and affordability. The high cost of high-rise…
In Australia, Millennials born between 1981 and 1996, are shaping the housing landscape with their unique preferences. Today this cohort is between 28 and 43 years of age. There are over 5.84 million Millennials in Australia, and this generation is expected to grow by 108,250 people per annum over the next five years. If this…
My chart this week illustrates Australia’s population projections over the next 25 years. I have used the medium projection series, and this is founded on the population data and trends as at financial 2022. It is the most up-to-date data and was released about a month ago. The projections are divided into several scenarios, showing…
In Australia, Generation X born between 1965 and 1980, is shaping the housing landscape with preferences influenced by their life stage, career aspirations, and family dynamics. Today this cohort is between 44 and 59 years of age. There are over 5.11 million Gen Xers in Australia, yet this generation is expected to grow by just 27,000…
If you google my name – God forbid – then more often than not, my version of the property clock will be one of the first articles in the run down. I don’t know why, as I have said some pretty outlandish things in my past, but the clock seems to stick. It is a…
Australia is going through an infrastructure boom. This follows from a building boom and before that a resources boom. Each boom was manufactured by the “Over World” as I like to label them – i.e. those that benefit the most – so that Australia doesn’t fall off the economic cliff or for some other altruistic…
This post is about the most recent annual ABS population growth figures. Well, most of Australia’s population growth takes place in our capital cities. Table 1 shows that some 82% (or 517,000) of the country’s 634,500 annual population increase last year took place across our eight capitals. Yet when you remove the Gold Coast, Sunshine Coast,…