So you'd prefer an Australia with 10% unemployment, people defaulting on their loans and the country facing long term recession. No offense Vertigo but I'll stick with Wayne as Treasurer.
PS re the overheated property market - we all know the answer to that one but other than Ken Henry nobody seems to want to mention the words - "negative gearing".
Now there's an idea - if you are really concerned about ballooning house prices you'd have to agree that the govt should cut back on the tax breaks for negative gearing and use that money to fund flood recovery. Kill two birds with one stone.
Quick phone Tony and Julia, I'm sure they will be all over this. (not)
