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‘Debilitating effect’: AustralianSuper boss hits out at PM’s housing plan, page-32

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MirCat

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17/05/22

20:01

Post #: 61462261
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Originally posted by raiderup: ↑

‘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

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Are these comments based on bias of the Super industry self interest; we could also argue the collusion of the the Industry Super supporting the Labor party with Unionist being on the board.

If u read the NZ experience It isn’t so much the Super increasing prices but the govt contribution assistance that is pushing the prices higher.
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