Home-ownership In Australia
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Home-ownership In Australia
Home ownership in Australia is considered a key cultural icon, and part of the Australian tradition known as the Great Australian Dream of "owning a detached house on a fenced block of land."Winter, Ian and Wendy StoneSocial Polarisation and Housing Careers: Exploring the Interrelationship of Labour and Housing Markets in Australia Australian Institute of Family Studies. March 1998. Home ownership has been seen as creating a responsible citizenry; according to a former Premier of Victoria: "The home owner feels that he has a stake in the country, and that he has something worth working for, living for, fighting for."Kemeny, Jim. "The Ideology of Home Ownership." Urban Planning in Australia: Critical Readings, ed. J. Brian McLoughlin and Margo Huxley. Melbourne: Longman Cheshire Pty Limited, 1986. p256-7. In 2016 there were about 9.9 million private dwellings in Australia, each with, on average, 2.6 occupants. In 1966 about 70% of dwellings were owner-occupiedAustralian Bur ...
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Australian Census 2011 Demographic Map - Australia By SLA - BCP Field 5088 Owned Outright Total
Australian(s) may refer to: Australia * Australia, a country * Australians Australians, colloquially known as Aussies, are the citizens, nationals and individuals associated with the country of Australia. This connection may be residential, legal, historical or ethno-cultural. For most Australians, several (or all) ..., citizens of the Commonwealth of Australia ** European Australians ** Anglo-Celtic Australians, Australians descended principally from British colonists ** Aboriginal Australians, indigenous peoples of Australia as identified and defined within Australian law * Australia (continent) ** Indigenous Australians * Australian English, the dialect of the English language spoken in Australia * Australian Aboriginal languages * ''The Australian'', a newspaper * Australiana, things of Australian origins Other uses * Australian (horse), a racehorse * Australian, British Columbia, an unincorporated community in Canada See also

* The Australian (other) ...
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119 Springdale Road, East Killara, New South Wales (2010-12-04)
119 may refer to: * 119 (number), a natural number * 119 (emergency telephone number) * AD 119, a year in the 2nd century AD * 119 BC, a year in the 2nd century BC * 119 (album), 2012 * 119 (NCT song) *119 (Show Me the Money song) * 119 (film), a Japanese film, see Naoto Takenaka#Film * 119 (MBTA bus) * List of highways numbered 119 See also * 11/9 (other) * 911 (other) * Ununennium Ununennium, also known as eka-francium or element 119, is the hypothetical chemical element with symbol Uue and atomic number 119. ''Ununennium'' and ''Uue'' are the temporary systematic IUPAC name and symbol respectively, which are used until th ...
, a hypothetical chemical element with atomic number 119 * {{Number disambiguation ...
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Society Of Australia
A society is a group of individuals involved in persistent social interaction, or a large social group sharing the same spatial or social territory, typically subject to the same political authority and dominant cultural expectations. Societies are characterized by patterns of relationships (social relations) between individuals who share a distinctive culture and institutions; a given society may be described as the sum total of such relationships among its constituent of members. In the social sciences, a larger society often exhibits stratification or dominance patterns in subgroups. Societies construct patterns of behavior by deeming certain actions or concepts as acceptable or unacceptable. These patterns of behavior within a given society are known as societal norms. Societies, and their norms, undergo gradual and perpetual changes. Insofar as it is collaborative, a society can enable its members to benefit in ways that would otherwise be difficult on an individua ...
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Australian Culture
The culture of Australia is primarily a Western culture, originally derived from Britain but also influenced by the unique geography of Australia and the cultural input of Aboriginal, Torres Strait Islander and other Australian people. The British colonisation of Australia began in 1788, and waves of multi-ethnic migration followed. Evidence of a significant Anglo-Celtic heritage includes the predominance of the English language, the existence of a democratic system of government drawing upon the British traditions of Westminster government, parliamentarianism and constitutional monarchy, American constitutionalist and federalist traditions, and Christianity as the dominant religion. Aboriginal people are believed to have arrived as early as 60,000 years ago, and evidence of Aboriginal art in Australia dates back at least 30,000 years. Several states and territories had their origins as penal colonies, with the first British convicts arriving at Sydney Cove in 1788. Stories ...
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Housing In Victoria, Australia
Housing in the state of Victoria, Australia is characterised by high rates of private housing ownership, minimal and lack of public housing and high demand for, and largely unaffordable, rental housing. Outside of Melbourne, home to 70% of the state's population, housing and rent is more affordable. In Melbourne, access to public housing is generally better, but housing and rent are less affordable. Public housing in Victoria is usually provided by departments of the Victorian state government and operates within the framework of the Commonwealth-State Housing Agreement, by which funding for public housing is provided by both federal and state governments. Since 2010, both Victoria and Melbourne have been experiencing a rapid increase in population, generating high demand for housing. This has created a housing boom, pushing housing prices up and having an effect on rental prices as well as availability of all types of housing. Private housing Private housing in Victoria is o ...
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Public Housing In Australia
Public housing in Australia is provided by departments of state governments. Australian public housing (commonly referred to as "Housing Commission") operates within the framework of the Commonwealth-State Housing Agreement, by which funding for public housing is provided by both federal and state governments. According to the 2006 census, Australia's public housing stock consisted of some 304,000 dwellings out of a total housing stock of more than 7.1 million dwellings, or 4.2% of all housing stock (compared with 20% in Denmark, 46% "low rent housing" in France and 50% public housing in the UK at peak). Housing advocates have urged construction of new public housing dwellings to meet the rising numbers of families seeking public housing. Existing public housing stock has been severely underfunded, and older buildings demolished. There are also moves towards privatisation and transition into community and social housing models, reinforced through government policies which aim to s ...
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Poverty In Australia
Poverty in Australia deals with the incidence of relative poverty in Australia and its measurement. Relative income poverty is measured as a percentage of the population that earns less in comparison to the median wage of the working population. In 2020 the Australian Council of Social Service released a report stating that relative poverty was growing in Australia, with an estimated 3.2  million people, or 13.6% of the population, living below an internationally accepted relative poverty threshold of 50% of a country's median income. It also estimated that there were 774,000 (17.7%) children under the age of 15 in relative poverty. Defining poverty The main way of measuring poverty is to set a poverty line and then determine how many people fall below this line. Poverty lines can be set as either absolute poverty lines or relative poverty lines. Australia does not have an official poverty line, either absolute or relative. The ACOSS/UNSW report series entitled Pover ...
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Australian Property Market
The Australian property market comprises the trade of land and its permanent fixtures located within Australia. The average Australian property price grew 0.5% per year from 1890 to 1990 after inflation,Stapledon, Nigel. A History of Housing Prices in Australia 1880-2010. School of Economics Discussion Paper: 2010/18. Sydney, Australia: The University of New South Wales Australian School of Business. . Retrieved 1 May 2011 however rose from 1990 to 2017 at a faster rate and may be showing signs of a contracting economic bubble. House prices in Australia receive considerable attention from the media and the Reserve Bank and some commentators have argued that there is an Australian property bubble. The residential housing market has seen drastic changes in prices in the past few decades. The property prices are soaring in major cities like Sydney, Melbourne, Adelaide, Perth, Brisbane and Hobart. The median house price in Sydney peaked at $780,000 in 2016. However, with stricter cre ...
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ABC (Australia)
The Australian Broadcasting Corporation (ABC) is the national broadcaster of Australia. It is principally funded by direct grants from the Australian Government and is administered by a government-appointed board. The ABC is a publicly-owned body that is politically independent and fully accountable, with its charter enshrined in legislation, the ''Australian Broadcasting Corporation Act 1983''. ABC Commercial, a profit-making division of the corporation, also helps to generate funding for content provision. The ABC was established as the Australian Broadcasting Commission on 1 July 1932 by an act of federal parliament. It effectively replaced the Australian Broadcasting Company, a private company established in 1924 to provide programming for A-class radio stations. The ABC was given statutory powers that reinforced its independence from the government and enhanced its news-gathering role. Modelled after the British Broadcasting Corporation (BBC), which is funded by a televi ...
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Capital Growth
Capital gain is an economic concept defined as the profit earned on the sale of an asset which has increased in value over the holding period. An asset may include tangible property, a car, a business, or intangible property such as shares. A capital gain is only possible when the selling price of the asset is greater than the original purchase price. In the event that the purchase price exceeds the sale price, a capital loss occurs. Capital gains are often subject to taxation, of which rates and exemptions may differ between countries. The history of capital gain originates at the birth of the modern economic system and its evolution has been described as complex and multidimensional by a variety of economic thinkers. The concept of capital gain may be considered comparable with other key economic concepts such as profit and rate of return, however its distinguishing feature is that individuals, not just businesses, can accrue capital gains through everyday acquisition and ...
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Land Banking
Land banking is the practice of aggregating parcels of land for future sale or development. While in many countries ''land banking'' may refer to various private real estate investment schemes, in the United States it refers to the establishment of quasi-governmental county or municipal authorities purposed with managing an inventory of surplus land. Municipal land banks in the United States Definition Land banks are quasi-governmental entities created by counties or municipalities to effectively manage and repurpose an inventory of underused, abandoned, or foreclosed property. They are often chartered to have powers that enable them to accomplish these goals in ways that existing government agencies can not. While the land bank "model" has gained broad support and has been implemented in a number of cities, they are implemented differently so as to best address both municipal needs and the state and local legal context in which they were created. History Land banking origin ...
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Macquarie Bank
Macquarie Group Limited () is an Australian global financial services group. Headquartered and listed in Australia (), Macquarie employs more than 17,000 staff in 33 markets, is the world's largest infrastructure asset manager and Australia's top ranked mergers and acquisitions adviser, with more than A$737 billion in assets under management. History 1969–1979 Macquarie was founded on 10 December 1969 as Hill Samuel Australia Limited, a subsidiary of the UK's Hill Samuel & Co. Limited. Australian businessman Stan Owens compiled a proposal for Hill Samuel & Co. to establish an Australian subsidiary. After presenting his report in London, Mr Owens was offered the role of implementing it. He became Executive Chairman of Hill Samuel Australia (HSA) and founded the company from offices at Gold Fields House in Sydney's Circular Quay. The company's first three employees were Stan Owens, Blair Hesketh and Geoff Hobson. Later Chris Castleman (on loan from the British parent) and ...
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