Peter Tulip
@petertulip.bsky.social
Chief economist at Centre for Independent Studies
Economics
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Engineering
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Peter Tulip
@petertulip.bsky.social
· Nov 22
www.cis.org.au
This paper summarises what I see as the key points in the Australian housing debate, as of February 2024.
www.cis.org.au/wp-content/u... 1/8
www.cis.org.au/wp-content/u... 1/8
Reposted by Peter Tulip
Shout out to the recent upgrades to Crown St, Surry Hills. City of Sydney removed several car parks in favour of landscaped outdoor dining areas. Some were turning temporary ones from COVID permanent, others are new. It's a really great area to walk along and enjoy.
Here's some before and after:
Here's some before and after:
Box B: Annual Forecast Review | Statement on Monetary Policy – November 2025
Box B: Annual Forecast Review | Statement on Monetary Policy – November 2025
www.rba.gov.au
A great idea.
But rigour and randomisation seem ambitious.
I would be happy with any evidence-based evaluation.
The RBA's post-mortems on its Covid-era programs and forecasts are a great advance.
www.rba.gov.au/monetary-pol...
www.rba.gov.au/publications...
But rigour and randomisation seem ambitious.
I would be happy with any evidence-based evaluation.
The RBA's post-mortems on its Covid-era programs and forecasts are a great advance.
www.rba.gov.au/monetary-pol...
www.rba.gov.au/publications...
Cherrybrook Precinct | Planning
The Cherrybrook Precinct will feature a vibrant town centre adjacent to the station with the creation of retail spaces and amenities.
www.planning.nsw.gov.au
Does this masterplanned community address your concerns?
www.planning.nsw.gov.au/plans-for-yo...
www.planning.nsw.gov.au/plans-for-yo...
Yes, with the insurance companies closely monitoring builders and their reputation.
Opal Towers failed because of non-compliant support beams. That (or Mascot) does not warrant changes to the building code.
I think it requires changes to certification, so the code is properly enforced.
I think it requires changes to certification, so the code is properly enforced.
Builders and/or certifiers should post a bond that gets returned (with interest) after say 10 years if no major faults are found.
Essentially, that is a warranty that can't be evaded by bankruptcy.
Essentially, that is a warranty that can't be evaded by bankruptcy.
The change in regulations most needed is more focus on asymmetric information (where regulation helps) and less on paternalism (where it hurts).
The Apartment Design Guide, lending restrictions and recreational drugs are good examples.
Secondly, we need more cost-benefit evaluations.
The Apartment Design Guide, lending restrictions and recreational drugs are good examples.
Secondly, we need more cost-benefit evaluations.
Good regulation is good for productivity growth. Lack of regulation is driving inefficiency.
Poorly regulated building markets led to debacles like the cracking in Opal Towers and flammable cladding being expensively replaced across the country
My column
thepoint.com.au/opinions/251...
Poorly regulated building markets led to debacles like the cracking in Opal Towers and flammable cladding being expensively replaced across the country
My column
thepoint.com.au/opinions/251...
Cutting red tape shows that when we ‘trust the market’ taxpayers usually end up footing the bill
The point.com.au
thepoint.com.au
It's not the regulations that are to blame in most of these examples, it's poor enforcement.
We don't need to change the building code, for example; we need to incentivise thorough credible certification. Perhaps bonds would help. 1/2
We don't need to change the building code, for example; we need to incentivise thorough credible certification. Perhaps bonds would help. 1/2
Reposted by Peter Tulip
Cutting red tape shows that when we ‘trust the market’ taxpayers usually end up footing the bill
The point.com.au
thepoint.com.au
Good regulation is good for productivity growth. Lack of regulation is driving inefficiency.
Poorly regulated building markets led to debacles like the cracking in Opal Towers and flammable cladding being expensively replaced across the country
My column
thepoint.com.au/opinions/251...
Poorly regulated building markets led to debacles like the cracking in Opal Towers and flammable cladding being expensively replaced across the country
My column
thepoint.com.au/opinions/251...