Why don't we have 30 year fixed mortgages in Australia like other countries., page-6

Thanks @SonicBlast

A big reason the farm has been sold to overseas investors is because it is cheap

I remember parity with Canada, Singapore and the greenback.

now the AUD is cheap

OS investors can buy a $1 worth of gas, oil, pilbara iron ore, farmland even like Canadian pension fund
thousands of gigalitres of Murray Darling basin water for a bit over 65c

The why has a lot to do with productivity,
it is complex, but we have far too many public servants who produce nothing
not even one carrot.