Scott Savage’s Blog

Sydney Airport (SYD) is one of the oldest continually operating airports in the world. This also means that the city of Sydney has slowly grown around the airport over the years, with many people now living directly under the flight path. This is particularly true for those in the inner west. When buying a home in this area it is important to do some research as to whether you will be affected by the flight paths. The weekend flight paths are often very different from those during the week. The street seems sleepy and quiet during the Saturday Open for Inspection, but during the week you might be able to feel the windows rattle as a 747 thunders in to land. The curfew from 11pm until 6am does help, however airlines are allowed to break the curfew (for a fee) and of course a curfew is not guaranteed to stand forever (especially now that Macquarie Bank owns the airport).

Sydney Airport Noise Contours - Q3 2008

So what can you do? The first website you should visit is the Air Services Australia site, in particular their Noise Exposure Index Reports section. Attachment D is particularly interesting, the report provides noise contour charts that are overlaid on an abstract map of Sydney. The various coloured lines and shading show the regions exposure to aircraft noise. The noise contours for July-September 2008 are shown to the right. The rest of the report is also interesting, as it shows changes in noise and movements over time, notes reasons for some of the changes (i.e. the east west runway currently being closed due to a safety upgrade) and the types of planes.

Some of the councils affected by aircraft noise also have noise exposure reports on their websites (although they are often difficult to find). For example Marrickville Council provides a Australian Noise Exposure Forecast 2023/2024 (ANEF) Map. This provides forecasted noise exposure information to those people looking to live in or around the Marrickville region. This means you can not only see what the noise levels are like currently, but also predict whether you will be affected in the future. With constant delays and indecision still preventing the construction of the second Sydney Airport, it seems wise to plan for aircraft noise being a staple of Sydney for a long time to come.

The NSW Government introduced the First Home Buyer’s Grant Scheme back in the year 2000. The $7000 cash bonus is nice, but it is the stamp duty concession that really helps out. The stamp duty calculator shows that the duty on a $500k home drops from $18,170 to a tiny $180 if you are a first home buyer, a huge saving of $17,990. This saving deteriorates pro-rata however as the price of the home approaches $600k, at which point it becomes unavailable. Means testing by this method is all well and good, as long as the means test is indexed. Back in 2000 property prices were significantly lower than they are today, as shown by the Reserve Bank’s own property price index graph from the May 2008 Regional Economic Performance Report:

This graph clearly shows that property prices have at least doubled in every state in the last 8 years, the same time period the grant scheme has been running. For 8 years of rapid growth the threshold has remained unchanged. NSW is actually the worst state for this, with an Age article citing:

Mortgage repayments account for 29.1% of total first home-buyer income, a one percentage point increase over the December (2007) quarter.

Adding to the cost of housing are taxes and charges, which added $110,000-$115,000 to the typical house and land package in Sydney, Mr Lamont said. In Victoria, that figure is about $57,000.

Surely the NSW Government should be keeping more of a finger on the pulse rather than making huge profits from Stamp Duty. The Federal Government is a little closer with their savings accounts, but $5000 a year is not going to get you a decent deposit anytime soon.

This came up all of a sudden after I decided to test my SEO by googling my name. That took me to this page on Submissions to the National Broadband Expert Panel. Among them is a submission that I emailed in to the Department of Broadband, Communications and the Digital Economy (hell of a title, although I guess at least it isn’t lumped with Arts anymore). A few things surprise me:

• I appreciate the open tender process, but I don’t remember being told my submission would be made public.
• I am surprised just how few submissions were made. I know the window was only about 2 weeks, but seriously given the state of Australian broadband, the $4.7B+ of taxpayers money on the table, decent media coverage and the email submission method I would have thought more people would be interested.
• I got all excited thinking perhaps the use of the phrase “submissions included” meant that only a few high calibre submissions had been listed. I then came across a submission from Karen. We truly have a bright future in Australia!