Essays On Air

Essays On Air: Australia's property boom and bust cycle stretches back to colonial days

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In the 1980s, Australian geographer Maurice Daly exposed the urban planning system as a policy toolkit developers could capitalise on to drive subdivision and speculation – an insight that remains true even today. AAP Image/Lukas CochAustralia’s property market is slowing and many people are contemplating a possible bust. But today’s episode of Essays On Air reminds us that even since colonial days, Australia’s property market has had its ups and downs. Essays On Air, a podcast from The Conversation, brings you the best and most beautiful writing from Australian researchers. Today, University of Sydney urbanism researchers Alistair Sisson and Dallas Rogers narrate a recent essay they wrote for the journal Australian Geographer on boom and bust cycles in major Australian cities. It’s titled Property speculation, global capital, urban planning and financialisation: Sydney Boom, Sydney Bust redux. It was recorded and edited by Dallas Rogers and written with Alistair Sisson and Chris Gibson for the 100th ann