logo
Brisbane news live: Talking to AI maps could help solve housing crisis; Highway reopens early; PM meets Pope Leo XIV

Brisbane news live: Talking to AI maps could help solve housing crisis; Highway reopens early; PM meets Pope Leo XIV

Latest posts
Pinned post from 7.45am
Hopes talking to AI maps can help provide lifeline for housing crisis
By
Researchers hope talking to maps may help them find the answers needed to solve Australia's housing crisis.
In an effort to tackle a multi-front crisis, a cutting-edge government-backed housing analytics lab will open this morning.
Studying housing data, the interactive lab aims to find solutions to housing affordability, by looking at areas to build social homes and boost the waning development pipeline.
Researchers will use Map AI, an interactive tool that shows housing data, to find which areas are best to be developed, and how to feasibly redevelop already high-density areas.
'Map AI allows you to talk to your map and ask questions like 'show me property here', so it makes it a lot easier for those who are not data scientists to interrogate the data,' lead of the lab and UNSW professor Chris Pettit said.
'Traditionally planners try to rezone high-density areas around train stations.
'We will use AI to see what value are those properties are and what is permissible to zone, to break down some of those barriers.'
The lab will bring together more than a dozen partners in government and the housing sector, with a focus on NSW, though solutions found can be used across the nation.
State governments in 2023 agreed to begin building a combined 1.2 million homes from mid-2024, with the hope of finishing them over five years.
Less than a year later, the number of approved dwellings is dropping, not rising, according to the Australian Bureau of Statistics.
7.22am
Weather for the week
A sunnier start to the week is forecast for the River City, after a week of intermittent showers.
The bureau suggests the chance of rain in Brisbane isn't high today, but showers will hang around this week.
The top temperatures will remain in the mid-20s degrees for the week.
Here's a glance at the next seven days:
7.21am
While you were sleeping
Here's what's making news further afield this morning:
Former US President Joe Biden has been diagnosed with an aggressive form of prostate cancer that has spread to his bones.
The faithful came in their thousands to see Pope Leo XIV begin his work as one of the world's most powerful spiritual leaders, in a ceremony that combined ancient symbols and modern statecraft.
'Relentless'. That's how family law mediator Jasmin Newman describes the vendetta against her by self-styled child recovery expert Adam Whittington, who came to the public's notice in 2016 when he was involved in 60 Minutes' bungled attempt to extricate Australian children from Lebanon.
A Mexican navy sailing ship on a global goodwill tour struck the Brooklyn Bridge in New York, snapping its three masts and fatally injuring two crew members.
With a $200 million price tag, a grand Sydney mansion is on track to become Australia's priciest property.
As Sussan Ley and Ted O'Brien begin rebuilding a shattered Liberal Party, the right lessons must be learnt from its devastating election loss – with some difficult discussions needed.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Victoria is the nation's debt dunce but the competition is hotting up
Victoria is the nation's debt dunce but the competition is hotting up

Sydney Morning Herald

time23 minutes ago

  • Sydney Morning Herald

Victoria is the nation's debt dunce but the competition is hotting up

Victorian Premier Jacinta Allan has previously indicated she is up for a conversation about how to broaden the tax base of states that don't have access to lucrative resource royalties. It may surprise some to learn that if you mention vertical fiscal imbalance, the premier can talk the leg off a chair. She also understands the urgency. Although a national agreement on health funding – the biggest expense items within her government's budget – commits the Commonwealth to eventually provide what the states consider a fair share, that day is still 10 years away. In the meantime, the state must find savings elsewhere or keep borrowing to make up the shortfall. This year the funding gap is $1.6 billion in a $22 billion health budget. (This column's earlier, unsolicited advice for the premier to dump her pet infrastructure project, the Suburban Rail Loop, has so far gone unheeded.) The state premiers didn't make it onto Chalmers' guest list and state/federal finances aren't on the agenda of his three-day powwow in Canberra next week. Eslake doesn't criticise these omissions from an already jam-packed roundtable program but he wonders how bad things need to get before Australia turns its mind to the thorny problem of rebalancing how money is spent and how revenue is raised across the Commonwealth. 'I think federal/state financial relations is an important issue, but I don't have a lot of company,' he laments. So, what exactly is this $900 billion elephant? According to the latest budget figures compiled by S&P Global Ratings, an international rating company that keeps a close eye on the fiscal position of the federal and state governments, this is the combined, gross debt of Australian states and territories forecast for the end of this decade. If we include the gross debt forecast to be on the federal government's own books by that stage, Australia's debt mountain will reach a $2.1 trillion base camp by June 30, 2029 along the way to a still unknown peak. Victoria, by its own budget figures, is the most indebted state in Australia. The $213 billion gross debt it has amassed as of July 1 this year represents nearly one third of the total debt currently owed by all states and territories combined. The best news for Victoria is that, in its push towards fiscal profligacy, it has some serious competition from Queensland and Tasmania. S&P lead analyst Martin Foo says while Victoria still has the weakest balance sheet of all state and territory governments, its raft of new property and payroll taxes unpopular with business has at least stabilised its fiscal position. 'We have pointed out consistently that a lot of the fiscal challenges Australia faces right now are at the state level, rather than federal level,' he says. 'Victoria has been the focus of attention for the last couple of years. Maybe it has flown under the radar a bit but some of the mid-sized and smaller states, particularly Tasmania and Queensland, are accumulating debt at a very rapid pace.' Eslake reckons his home state of Tasmania, which remains without a functioning government after two elections in the space of 15 months, already deserves Victoria's mantle as Australia's fiscal dunce. In 2019, Tasmania's gross debt was just $3.2 billion. That figure is forecast to treble this year and to increase more than six-fold from its pre-pandemic level by 2029. Loading Queensland is sharply accelerating the amount of debt it is taking on, with last year's figure of $106.6 billion forecast to nearly double by the end of the decade as the state prepares for the 2032 Olympics. Although these numbers look scarier the further you look into the future, the source of the problem is more immediate. The S&P figures show that in the last financial year, the states and territories posted a combined cash deficit of $55 billion.

Victoria is the nation's debt dunce but the competition is hotting up
Victoria is the nation's debt dunce but the competition is hotting up

The Age

time23 minutes ago

  • The Age

Victoria is the nation's debt dunce but the competition is hotting up

Victorian Premier Jacinta Allan has previously indicated she is up for a conversation about how to broaden the tax base of states that don't have access to lucrative resource royalties. It may surprise some to learn that if you mention vertical fiscal imbalance, the premier can talk the leg off a chair. She also understands the urgency. Although a national agreement on health funding – the biggest expense items within her government's budget – commits the Commonwealth to eventually provide what the states consider a fair share, that day is still 10 years away. In the meantime, the state must find savings elsewhere or keep borrowing to make up the shortfall. This year the funding gap is $1.6 billion in a $22 billion health budget. (This column's earlier, unsolicited advice for the premier to dump her pet infrastructure project, the Suburban Rail Loop, has so far gone unheeded.) The state premiers didn't make it onto Chalmers' guest list and state/federal finances aren't on the agenda of his three-day powwow in Canberra next week. Eslake doesn't criticise these omissions from an already jam-packed roundtable program but he wonders how bad things need to get before Australia turns its mind to the thorny problem of rebalancing how money is spent and how revenue is raised across the Commonwealth. 'I think federal/state financial relations is an important issue, but I don't have a lot of company,' he laments. So, what exactly is this $900 billion elephant? According to the latest budget figures compiled by S&P Global Ratings, an international rating company that keeps a close eye on the fiscal position of the federal and state governments, this is the combined, gross debt of Australian states and territories forecast for the end of this decade. If we include the gross debt forecast to be on the federal government's own books by that stage, Australia's debt mountain will reach a $2.1 trillion base camp by June 30, 2029 along the way to a still unknown peak. Victoria, by its own budget figures, is the most indebted state in Australia. The $213 billion gross debt it has amassed as of July 1 this year represents nearly one third of the total debt currently owed by all states and territories combined. The best news for Victoria is that, in its push towards fiscal profligacy, it has some serious competition from Queensland and Tasmania. S&P lead analyst Martin Foo says while Victoria still has the weakest balance sheet of all state and territory governments, its raft of new property and payroll taxes unpopular with business has at least stabilised its fiscal position. 'We have pointed out consistently that a lot of the fiscal challenges Australia faces right now are at the state level, rather than federal level,' he says. 'Victoria has been the focus of attention for the last couple of years. Maybe it has flown under the radar a bit but some of the mid-sized and smaller states, particularly Tasmania and Queensland, are accumulating debt at a very rapid pace.' Eslake reckons his home state of Tasmania, which remains without a functioning government after two elections in the space of 15 months, already deserves Victoria's mantle as Australia's fiscal dunce. In 2019, Tasmania's gross debt was just $3.2 billion. That figure is forecast to treble this year and to increase more than six-fold from its pre-pandemic level by 2029. Loading Queensland is sharply accelerating the amount of debt it is taking on, with last year's figure of $106.6 billion forecast to nearly double by the end of the decade as the state prepares for the 2032 Olympics. Although these numbers look scarier the further you look into the future, the source of the problem is more immediate. The S&P figures show that in the last financial year, the states and territories posted a combined cash deficit of $55 billion.

‘Completely unacceptable': Albanese govt ‘not prepared' to discuss with Australians the threat of regional conflict with China
‘Completely unacceptable': Albanese govt ‘not prepared' to discuss with Australians the threat of regional conflict with China

Sky News AU

time23 minutes ago

  • Sky News AU

‘Completely unacceptable': Albanese govt ‘not prepared' to discuss with Australians the threat of regional conflict with China

The Coalition has said the Albanese government is "not prepared to have an upfront discussion" about the threats to our country, which were spelled out in a recent Sky News special event. Last week, Sky News aired the special event 'The War Cabinet' comprising of a panel of defence experts who warned a conflict looms in the Indo-Pacific region. During the discussion, former Labor Defence Minister Joel Fitzgibbon, who served in the first Rudd government, said Australia's strategic outlook in the Indo-Pacific region was 'deteriorating rather markedly' and that the warning time of an attack is much shorter. Additionally, CyberCX executive director Katherine Mansted said while Australia was not at war, 'we're certainly not at peace' and the Australian public had a 'huge stake' in defending its sovereignty. 'Chinese military cyber spies are actively probing our civilian critical infrastructure, looking for weaknesses and looking for ways to get in and hide and bide, potentially for high-impact sabotage, if relations deteriorate in the region,' she said. Speaking to Sky News on Wednesday, Shadow Defence Minister Angus Taylor said despite the clear warnings, the Albanese government was 'not prepared' to talk about a conflict with China. 'They're not prepared to have an upfront discussion with the Australian people about the risk of domination of the Indo-Pacific by the Chinese Communist Party,' he told Sky News host Chris Kenny. 'I mean live-fire exercises off the south coast of New South Wales and the government has nothing serious to say about it.' Mr Taylor said Australia had 'no choice' but to increase its defence spending from two to three per cent of GDP to ensure the Australian Defence Force (ADF) was prepared and capable to defend the nation. 'I know this is difficult at a time like this to find that money but we have no choice,' he said. 'We need to have an Australian Defence Force that is prepared, that is agile, that has the people it needs, that has this sovereign manufacturing capability it needs – missile manufacturing, drone and counter-drone manufacturing – the emerging technologies that we are seeing are playing such a critical role in conflicts around the world. 'The objective here of course is peace.' Mr Taylor said Australia must also have a 'strong alliance' and admonished the Prime Minister for not having had a meeting with President Donald Trump. 'That's completely unacceptable,' he said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store