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Houses trump units in 2020, but will the trend last?
By Bianca Dabu
11 February 2021
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1 minute read
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Houses triumphed over units in 2020, posting far more significant sales in a year that saw a global pandemic greatly influence consumer behaviour.
Despite strong headwinds, Australia saw 459,308 property transactions last year, with houses drawing far more attention than units, according to the latest CoreLogic Property Pulse.
Namely, for every unit sold there were 2.9 house sales in 2020, with the share of houses as a portion of total sales edging up to 74.2 per cent from 73.2 per cent a year earlier and surpassing the decade average of 70.2 per cent.
How researchers are using data science to map wage theft
Professor John Howe and Timothy Kariotis
February 11, 2021
The underpayment of 7-Eleven workers brought wage theft to pubic attention. Source: Getty.
What started as a few underpayment cases revealed by the Australian media in 2015 has turned into an epidemic of ‘wage theft’.
Wage theft is the popular term that has come to describe “under-or non-payment of minimum wages and entitlements that are rightfully owed to a worker”.
Wage theft broke into the public consciousness at large in 2015 with a joint investigation by Fairfax Media and ABC’s
Four Corners into underpayment of 7-Eleven workers.
“The evidence is clear that issues associated with personal drug use are best addressed through the health system, not the justice system,” he said.
Figures released on Thursday by the Australian Bureau of Statistics ABS showed the number of offenders prosecuted by police in 2019-2020 was the lowest in the past 12 years.
ABS Director of Crime and Justice Statistics, William Milne, said there were 374,645 offenders in Australia in 2019-20, a decrease of 5 per cent from the previous year.
The QPC report found drug addicts lives would be improved by decriminalisation without increasing the rate of drug use.
If the reforms were implemented immediately, the QPC report found “the prison population would be between 20 to 30 per cent lower in 2025”.