Australian PoliticsAustralian PropertyFeatured Article

Your house is the next political warzone

David Llewellyn-Smith
Wednesday, 3 June 2015
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From The Australian late yesterday:

Asked again today if he agreed with his top economic adviser, Mr Abbott replied: “Millions of Australians have mortgages and the last thing they want to see is the decline in the value of their most important asset.

“(Mr Shorten) is someone who wants to be the prime minister of Australia and he wants your house to be worth less.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.