... :)
focusing on immigration policy is too narrow a way of looking at the issue.
in a democratic capitalist society where individuals are encouraged to accumulate assets it makes sense that property will rise in price over time, as does the sharemarket.
the price of the asset is largely irrelevant - the issue is affordability. the economy will sort it out over time with asset prices either falling to affordable levels or wages rising to meet asset prices - or a combination of the two. perhaps our fear of wage rises, and of cosequent inflation coupled with reduced company profits is more to blame for the property problem
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Last
$70.86 |
Change
0.660(0.94%) |
Mkt cap ! $13.76B | |||
| Open | High | Low | Value | Volume |
| $70.72 | $71.17 | $70.21 | $19.07M | 269.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $70.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $71.10 | 1000 | 1 |
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| Last trade - 16.10pm 15/07/2025 (20 minute delay) ? |
| ASX (ASX) Chart |