Residential and Land Development in the Banks’ Commercial Property Lending, 2011 to 2026
Banks had approved $109.3bn of credit for residential projects and land development at June 2026, 20.2% of their commercial property limits and the highest share since 2018. The two categories supplied 45.4% of the past year's growth.
Work in Hand: The Value of Residential Building Yet to Be Done
Builders had $84.7bn of residential work yet to be done at June 2026, a new high for the eighth consecutive quarter and 8.7 months of current output. Since 2019 the value of work done has risen 45.8%, its volume 2.1%.
Too Much Market Reform, or Too Little? Denniss and Sanchez Set Out Opposing Cases
An APN 23000 Series Paired Perspectives piece: Richard Denniss of The Australia Institute argues that four decades of tax cuts and smaller government have failed; the economist Alex Sanchez, writing for the Centre for Independent Studies, that Australia is retreating...
Low-Tax Country or Big Government? The Denniss and Sanchez Figures Tested
APN 22000 Series Claim Test: of ten figures from Denniss and Sanchez, neither account survives intact. Australia's tax take is 11th lowest of 38 OECD countries, Commonwealth spending is at its highest share outside the pandemic since the mid-1980s, and...
The Epoch of Synthetic Expansion: Continuing or Ending?
Australia's dwelling values have stopped rising: the stock was worth slightly less in the June quarter 2026, and by September values were level with a year earlier. Yet prices remain close to their record against earnings and the margin for...
Years of Earnings for the Average Dwelling, State by State, 2012 to 2026
The average Australian dwelling was worth 10.16 years of full-time earnings in the June quarter 2026, up from 6.98 in 2012. Four jurisdictions peaked in 2021–22; Queensland, South Australia and Western Australia reached their highest ratios in 2026.
