‘Debilitating effect’: AustralianSuper boss hits out at PM’s housing plan
Russell said the Australian housing market was “among the most distorted in the world” through tax concessions, and pumping more money into the system will only push prices up more, mirroring the New Zealand market of “shocking” house price spirals.
“It’s unfortunate that people are dealing with the symptoms of a major structural problem by making the structural problem worse.”
Thank christ, but will the spiv libs listen to sanity?
No friggin way,IMO.
Raider
