If there was ever any doubt that the great Aussie Housing Bubble is bad for the economy, David Murray’s repeated warnings about our banks and financial system should clear that up. The chair of the recent financial system inquiry today … Read more “Housing bubble = bad for the economy. Are we listening yet?”
Financial System Inquiry skewers housing speculation
A week is a long time in mainstream economic “analysis”. If the recent release of the final report from the Financial System Inquiry (the Murray inquiry) has not made you sit up and take … Read more “It’s official: housing speculation is bad for everyone in the long run”
Last week I had the opportunity to speak to Senator Nick Xenophon about our petition against his plans to allow first home buyers to use superannuation funds for housing deposits. It seems he had at least taken some small notice … Read more “Senator Nick Xenophon Discusses Housing Petition Concerns”
Labor Returning to its Economic Justice Roots?
I’ve been struggling to find a news item about this – apart from one pay-walled article in the Australian Financial Review and a Hallelujah from Prosper Australia – but Chris Bowen has just … Read more “Labor Signals Return to a Forgotten Left-wing Principle: Land Tax”
I’m one of many young Australians currently locked out of home ownership by record high prices. My friends know me as very vocal and frequently angry about housing affordability issues. Well the latest development in the saga that is … Read more “Petition to Senator Nick Xenophon: Scrap your super funds for housing plan, it’s a con-job”