Economics editor at Guardian Australia. Formerly of The Australian and Australian Financial Review.
Canberra
Joined January 2013
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Patrick Commins retweeted
The starting point for any useful discussion of housing policy is an acknowledgment that prices and rents should not keep rising.
Neither party is capable of that yet.
theguardian.com/australia-ne… 1/2
Patrick Commins retweeted
The Reserve Bank’s struggle to tame inflation is being exacerbated by $230bn worth of state and territory infrastructure spending and a failure to slow the mammoth pipeline of road, rail and energy projects. theaustralian.com.au/nation/…
Patrick Commins retweeted
Price controls look to be more important for child care than rents. Average annual growth for child care prices (gross) last 18 years 6% compared to rents 2.7% and the overall CPI 2.5%.
Patrick Commins retweeted
Come work at the @FinancialReview
covering accountants, consultants and more.
We're looking for a Professional Services Reporter
seek.com.au/job/68135856?typ…
Patrick Commins retweeted
Australia recorded the largest annual population increase in the nation’s history after two Covid-affected years, despite a rise in the number of deaths and a drop-off in births: bit.ly/3p4FZ0W
Patrick Commins retweeted
This decision seems utterly inexplicable.
.@andrewprobyn is the hardest working ABC journalist I know and the broadcaster's best and most constant news breaker. And they've sacked him because they suddenly don't need a political editor. What a disgrace from an organisation full of middle-management time servers. @abcnews
Patrick Commins retweeted
If it's true that Andrew Probyn is leaving the ABC, that is total madness.
He knows politics, he breaks news, he is thoroughly fair and he works non-stop.
He's a good man treated shabbily by an organisation that should know better.
Patrick Commins retweeted
Probes has done so much to help guide younger journos in the gallery. This is terrible news.
Probyn made redundant at ABC
afr.com/rear-window/probyn-m…
Patrick Commins retweeted
Proud to call @andrewprobyn an ex-boss, mentor and most importantly friend. Fantastic journo and newsbreaker, someone who is a leader in the Press Gallery. What are they smoking at Ultimo?
.@andrewprobyn is the hardest working ABC journalist I know and the broadcaster's best and most constant news breaker. And they've sacked him because they suddenly don't need a political editor. What a disgrace from an organisation full of middle-management time servers. @abcnews
Patrick Commins retweeted
.@andrewprobyn is the hardest working ABC journalist I know and the broadcaster's best and most constant news breaker. And they've sacked him because they suddenly don't need a political editor. What a disgrace from an organisation full of middle-management time servers. @abcnews
Patrick Commins retweeted
My latest column in @financialreview. We have a housing crisis, but rent controls will make it worse. That's what the best causal evidence is clear on. Supply, reforming planning & zoning regulations are the answer. afr.com/property/residential…
Patrick Commins retweeted
Over the quarter rent assistance renters (1.27m) experienced a 1% increase in gross rents and 0.5% increase net of rent assistance payments.
Patrick Commins retweeted
March quarter 2023 DSS data shows rents up 4.1% over the year for 1.27m rent assistance recipients. 3.2% net of rent assistance data.gov.au/data/dataset/dss…
Patrick Commins retweeted
As a share of income mortgages at record levels but rents a little below 30 year average and well down on pre-pandemic rates. (low rent increases, strong low-income household income growth (wages, welfare, employment growth). (includes budget 2023 measures and FWC 5.75% decision)
Patrick Commins retweeted
New ANU research shows mortgage costs at 40 yr high. Rent cost lower than pre-covid. Low income households least impacted thru covid. Housing cost to income ratio ‘84-‘23. theaustralian.com.au/nation/…
Patrick Commins retweeted
...rents easing in Canberra, Hobart, Darwin, & much of regional Aus; strong increases for units in the 4 largest cities
(CoreLogic)
#ausbiz
Patrick Commins retweeted
BREAKING: Fitch Ratings says it may downgrade US credit ratings to reflect the worsening political partisanship that’s preventing a deal to solve the nation’s debt ceiling crisis. bloomberg.com/news/articles/…
Patrick Commins retweeted
The math of stage 3 tax cuts: “If revenue is revised up $20 billion because of higher employment and wages then the ‘cost’ of the tax cuts will be revised up by about $1.3 billion, but revenue is still better off by $18.7 billion." afr.com/politics/federal/gre…