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Rachel Ong ViforJ

Professor of Economics, School of Economics, Finance and Property, Curtin University
Rachel Ong ViforJ is Professor of Economics at the School of Economics and Finance, Curtin University.

Rachel’s research addresses a range of important housing policy issues, including housing affordability dynamics, housing pathways in the new millennium, housing wealth as an asset base for welfare, intergenerational housing concerns, and the links between housing and the economy. She has long-standing expertise in the evaluation of housing tax-transfer reforms.

Rachel also has an established research record in the area of population ageing and has conducted extensive research into the role of home ownership within the retirement incomes system, employment decisions of older workers, and workforce vulnerabilities in mid-to-late life.

Rachel has been appointed to several expert panels including the National Economic Panel. She is a Member of the Steering Committee of the Asia-Pacific Network for Housing Research. She is currently Editor-in-Chief of the Economic Papers, one of two journals published by the Economic Society of Australia which features high-quality research in applied economics and economic policy analysis.

Young homeowners are more likely to use their home as an ‘ATM’ than their Boomer parents. Here’s why

Sep 19, 2024 01:27 am UTC| Insights & Views Business

For many Australians, the family home is their largest financial asset. With an increasing variety of ways to tap into home equity, the temptation to access this wealth is ever growing. Homeowners increase the debt owed...

Our housing system is broken and the poorest Australians are being hardest hit

Apr 25, 2024 06:06 am UTC| Insights & Views Real Estate

Just when we think the price of rentals could not get any worse, this weeks Rental Affordability Snapshot by Anglicare has revealed low-income Australians are facing a housing crisis like never before. In fact, if you...

$1 billion per year (or less) could halve rental housing stress

Nov 02, 2020 09:14 am UTC| Real Estate

COVID has shown us whats possible when it comes to alleviating poverty. For six months JobSeeker payments were doubled and then maintained at a level 50% above normal. When the bonus finishes at year end it is likely...

When falling home ownership and ageing baby boomers collide

Sep 25, 2018 10:10 am UTC| Insights & Views Real Estate

Until now, the majority of older people in Australia have achieved the goal of owning their own home outright. Hence, policymakers have typically shown little concern about the size and budget costs of rental housing...

Economy

S&P 500 and Dow Close at Record Highs Amid Strong Financial Earnings and Inflation Outlook

The SP 500 and the Dow Jones Industrial Average achieved record closing highs on Friday, driven primarily by surging financial stocks. Major banks and asset managers reported strong quarterly earnings, which helped boost...

Labour Government Faces Tax Hikes Amid Public Service Cuts, Think Tank Warns

As Britains new Labour government prepares for its first budget on October 30, it may need to increase taxes by 20 billion ($26 billion) to prevent real-terms cuts in public services, according to a report by the...

Boeing Cuts 17,000 Jobs and Delays 777X Deliveries Amid Strike

Boeing Announces 17,000 Job Cuts Amid Strikes and Financial Losses Boeing, one of the worlds largest aerospace manufacturers, is set to reduce its workforce by 17,000 employeesrepresenting a 10% cut globally. This...

U.S. Election Could Mark a Turning Point for the Dollar – What Experts Predict

As the upcoming U.S. presidential election approaches, financial analysts predict that the outcome could significantly impact the value of the U.S. dollar. Whether a Trump or Harris victory, each scenario presents unique...

Whitestone REIT Considers Revised $15-Per-Share Offer from MCB Real Estate

Whitestone REIT (NYSE: WSR) is currently assessing a formal $15-per-share acquisition offer from MCB Real Estate, valuing the shopping mall operator at approximately $1.45 billion. This revised proposal has garnered...

Politics

Joe Biden Drops Bombshell: 'Misinformation Spreaders Will Pay a Price'—A Bold Warning Amid Florida Storm Damage Controversy

President Joe Biden has issued a stern warning to those spreading misinformation about the federal response to Hurricanes Helene and Milton. During a press briefing at the White House on Friday, Biden declared that...

Melania Trump’s Stunning Fashion Secret Leaves Michelle Obama in the Dust: 'I’ve Never Seen Anything Like It'

The ongoing debate between Melania Trump and Michelle Obama isnt just about politicsits about fashion. Both former First Ladies have consistently turned heads with their elegant choices, but the question remains: Who truly...

Donald Trump Promises to 'RACE JOBS BACK' with 15% Tax Rate—But Only for Companies That Hire AMERICANS and Make in USA

Former President Donald Trump has made a bold promise to American workers and manufacturers, announcing a plan to lower corporate tax rates to a striking 15%but with a catch. This tax break will only apply to companies...

Kamala Harris Vowed to ‘Abolish ICE’ and Ban Fracking—Energy Prices Skyrocket, 325,000 Migrant Children Lost Under Her Watch

Vice President Kamala Harris is under fire for a series of controversial policies, including her past vows to abolish ICE, impose a natural gas export ban, and prohibit frackingactions that critics argue have contributed...

Donald Trump Vows to Put American Citizens First: ‘We Will Crush Communists, Marxists, and Fascists to Save Our Nation!’

During a fiery speech at his latest campaign rally, former President Donald Trump laid out his vision for America under his administration, emphasizing a strong commitment to prioritizing the needs of U.S. citizens. In a...

Science

SpaceX Gears Up for Starship Flight 5 Launch, With Key Preparations Underway in Texas

SpaceX is finalizing preparations for Starship Flight 5, scheduled for October 13. Teams were seen installing the flight termination system, a key pre-launch step, indicating imminent launch activity. Local authorities in...

SpaceX Prepares for Starship Flight 5, Tower Catch Planned After Successful Tank Tests

After successful tank tests, SpaceX is gearing up for Starship Flight 5 in Texas. The company confirmed plans for the first-ever Super Heavy booster tower catch, pending regulatory approval. The flight marks a key...

SpaceX Activates Starlink Texting for T-Mobile in Florida as Hurricane Milton Approaches

SpaceX has activated Starlink texting for T-Mobile customers in Florida ahead of Hurricane Milton. This service allows users to send messages, including emergency texts to 911, using Starlinks satellite network, ensuring...

SpaceX Prepares to Launch NASA’s Europa Clipper Mission to Jupiter’s Moon Next Week

SpaceX is gearing up for the much-anticipated launch of NASAs Europa Clipper mission to Jupiters moon, Europa, next week. After overcoming recent Falcon 9 setbacks, SpaceX has encapsulated the satellite within the Falcon...

Europe Pushes Back Against SpaceX's Efforts to Expand Starlink Direct-to-Cell Operations

European mobile network operators are opposing SpaceXs initiative to expand Starlink Direct-to-Cell services, urging the U.S. Federal Communications Commission (FCC) to reject SpaceXs request to operate beyond standard...

Technology

BYD Unveils Denza N9, a 1,000 HP Luxury SUV That Could Rival Porsche

BYDs Denza N9 luxury SUV, built on the new e-Platform 3.0, is gearing up for a launch later this year. With a 1,000 horsepower powertrain, the N9 is expected to challenge top-tier electric SUVs in the luxury...

Tesla's Robovan Glides Like a Hovercraft—Elon Musk Unveils the Game-Changing Suspension System

Tesla wowed the crowd at the We, Robot event with its Robovan, a futuristic vehicle that appears to float with its automated load-leveling suspension system. Elon Musk revealed how the system adjusts to road conditions,...

Former Binance CEO CZ Warns of Emerging AI Risk, Calls for Crypto Community Caution

Changpeng Zhao, the former head of Binance, has issued a fresh warning about the growing use of AI in potential threats to the cryptocurrency community. Ripple CEO Brad Garlinghouse has also cautioned users to stay...

Kamala Harris Receives $1M in Ripple’s XRP—Crypto Execs Hope to Shift Her Digital Asset Stance

Kamala Harriss 2024 campaign received a $1 million donation in XRP from Ripple co-founder Chris Larsen, Federal Election Commission records reveal. This is the first known cryptocurrency donation to her campaign,...

Shiba Inu Surges Back as Lucie Drops Major Warning: FUD Must Stop or SHIB Will Suffer

Shiba Inu is on the rebound after a sharp 13% decline, and marketing lead Lucie has issued a strong warning to the SHIB army. She calls for an end to FUD and urges holders to focus on the growing market demand driving...