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To say Treasurer Joe Hockey’s stance on housing is disappointing is an understatement. After telling first home buyers “to get a better job” if they want to buy a house, he then effectively slated the blame for unaffordable housing on the states for not releasing enough land:
As I’ve said on numerous occasions, we have to increase the supply of housing in Australia…
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.