Turnbull conflates housing speculation with innovation

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By Leith van Onselen

Prime Minister Malcolm Turnbull is sounding more like Tony Abbott each day. Take a look at Turnbott’s latest scare campaign in Question Time yesterday regarding Labor’s policy to reform negative gearing and the capital gains tax (CGT) discount:

“Let me say to you, the central issue this year, this election year, is going to be who is best able to lead Australia in this transition from the mining construction boom to the new economy?”

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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.