Housing affordability and the empty homes scandal

The inspiration to start writing (again) about housing affordability came from left field. I was sitting back enjoying an American roots band, The Brothers Comatose, at the Blue Mountains Music Festival in Katoomba. Lead singer and front man Ben Morrison introduced the band, saying they were from San Francisco but maybe not for long. “The price of houses is crazy there (man) and most of the musicians I know are moving out because they can’t…

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Don’t touch my dividends, Dude

There have been few occasions when dividends made it on to the front pages or lead item TV news. The first time was when Treasurer Paul Keating introduced the dividend imputation scheme in 1987, largely as a way of eliminating the double-taxing of company dividends. From that day, Australian investors were given franking credits on the dividends they received on their shares. This had the welcome effect of boosting the investment return for the investor…

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Cape Town’s water crisis and other updates

  Well-organised journalists keep detailed diary notes on the stories they have written, with the objective of writing updates. This is how the media knows when to descend on the courts when a murder trial finally starts. Or the updates could be on Twitter. From my lazy post-city desk where I opine and inform about random topics, updates rarely occurs to me. Yet the same subjects crop up again and again: climate change, global warming,…

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Rising sea levels and apocalyptic fiction

I’d always thought my song about the mountain dwellers ending up on waterfront row because of rising sea levels was not to be taken too seriously. It was an apocalyptic view of what might happen if it didn’t stop raining and, moreover, not a terribly original idea as it turned out. But the risk of flash flooding from above-average rainfall is only half the problem for people living down there, at sea level. A loyal…

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