MB readers and especially members should take heart for today’s announcement of a Parliamentary Inquiry into affects of foreign investment on the Australian property market. It is long overdue that the issue received greater scrutiny and the outcomes of the inquiry should not be prejudged.
The MB community has laboured long and hard on this topic against a tide of cynical MSM racial baiting (just how good a contrarian indicator is the The Pascometer?!) and it is in no small measure because of that campaign that the inquiry is going ahead.
As simple evidence of that I note that it was MB that first promoted the findings of the recent Credit Suisse research that has now been widely quoted in the MSM and so frightened the pollies that action has been taken.
The lesson is, peeps, that change is possible if enough momentum is built and enough resources mobilised. It is one small win in the greater MB campaign to save the Australian economy from itself.
If you feel so inclined, sign up the MB membership today to keep this snowball accelerating downhill!
