A very interesting poster.
IMO :
After the GST came, housprises overexelleratet on the way up. The RBA should have put the breaks on very seriously in this time.
But was Mr. Costello the smarter one and influenced the RBA in decision making ?
The Howard Goverment never saw this huge mining boom comming, companies are left alone to built their own infrastructure,huge amount for capitalmarket.
The Goverment wanted only to cash in and collect huge surpluses. Taxcuts given went back to the stategoverments in increased fees etc.
To leave the housingmarket in the free capitalmarket is very very rude from any Goverment as long over 100000 come everey year new.
Generally all rules apply and used to keep and put the working class in finazially slavery after human slavery has ended by law 200 y. ago.
Not many will never taste a real free life.
Cheer's
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