Morrison swears to fix housing bubble

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From Peter Hartcher:

“There’s a really big regulation modernisation agenda for the housing sector and that can really improve competitiveness and efficiency,” he said in an interview with Fairfax Media. “One of the biggest competition inhibitors is the housing market.”

…”If you’ve ever tried to add an extension or build a house you know what has to be done,” Mr Morrison said.

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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.