Locust alert: REIA demands dedicated “property minister”

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By Leith van Onselen

MB has often refered to Scott Morrison as “Australia’s real estate treasurer/Prime Minister” because of his close links with the Property Council of Australia (PCA), where he served as National Manager of Policy and Research between 1989 and 1995.

We also frequently deride the Coalition Government’s staunch defence of negative gearing, and its blatant lies surrounding the issue, as well as its unbridled support of Australia’s mass immigration ‘Big Australia’ policy, which is designed in part to keep the property industry well fed with extra demand.

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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.