HIA parasite demands housing stimulus

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The Housing Industry Association (HIA) is the latest vested interest to put its hands out for economic stimulus:

“As the Australian government looks to respond to the current global financial uncertainty and identify appropriate policies and stimulus measures to enact, the residential building industry should be one of the most supported,” said HIA Chief Executive Industry Policy, Kristin Brookfield.

“The residential building industry has a strong track record of underpinning Australia’s economic growth and stability.

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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.