Economic Lecture Series
Around 50 participants attended the first in a series of Economic Lectures hosted by Shelter WA and Curtin’s Faculty of Business and Law. A wide-ranging discussion focused on several topics including housing demand, supply drivers and affordable housing.
The lecture was held at Curtin University’s 137 St Georges Terrace premises. Constructed in 1909, the old Perth Technical Building is being used under a lease agreement by the University so it can better engage with the City business community.
In her introductory welcome Shelter WA Consultant, Advocacy and Policy Lisa Kazalac highlighted the importance of providing a body of knowledge in the sector.
“We are going to teach you about economics,” said Ms Kazalac. “By sharing information and learning from each other we will create a wider understanding in this sector about economics and how it applies to housing.”
Ms Kazalac then introduced Professor Rachel Ong who was recently awarded the Professor Mike Berry Award for Excellence in Housing Research.
Professor Ong is Professor of Economics at the School of Economics, Finance and Property at Curtin University.
Professor Ong talked the audience through several concepts including,
• The basics of economics and how they apply to the housing market.
• What is happening in our current housing market, and in housing affordability specific to Western Australia.
• Supply and demand issues that can cause housing market volatility.
• How the government is vital and must drive affordable housing to ensure demands are met.
Feedback from the audience was positive.
“For someone that knew very little about economics, I learnt a lot about housing economics and about how so many fluctuating factors can affect it,” said a participant via emailed feedback.
For this participant the networking was just as beneficial.
“I thoroughly enjoyed last nights session. I found the lecture and panel Q&A session very informative. In addition, I got to network with other people from various sectors and portfolios.”
And from a regional participant in Kununurra who dialled in via video conference, we received this feedback.
“Thank you for an excellent lecture; it was well-delivered, hosted and the discussions were interesting. The IT set-up worked really well, and I appreciate it that you went above and beyond to include regional guests.”
The Economic Lecture Series continues with three more lectures:
Wednesday, 3 April. 5.30pm to 8:00pm
Topic: Taxation and housing outcomes.
Rachel Ong Professor of Economics at the School of Economics, Finance and Property, Curtin University will lead us in a discussion on tax and its implications in housing outcomes.
Wednesday, 8 May. 5.30pm to 8:00pm
Topic: Land use planning & housing markets.
Associate Professor Steven Rowley at the Curtin School of Economics, Finance and Property will focus on planning policy, planning tools and their impact on markets.
Wednesday, 5 June. 5.30pm to 8:00pm
Topic: Property development drivers & feasibility.
Associate Professor Steven Rowley at the Curtin School of Economics, Finance and Property will lead us in a discussion around property development drivers and housing.
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