"House Prices Close to Peak", page-53

There has probably been infrastructure issues all the way back since the start of colonosation. Infrastructure spend generally lags pop growth, why? Because most politicians generally are reactionist. In most case they will find a way to get it done when they are forced to do it.

I advocate better more equitable collection of tax and more efficient use of it. I bet we would have sufficient funds if this was achievable. I know it's just a pipe dream...in any case if they are forced to do it, they will divert the funds from somewhere else and get it done.

Or abolish negative gearing, introduce neutral gearing and abolish or reduce capital gains concessions..a national land tax rather than stamp duty etc etc.. It's all been discussed...