Public housing is the right stimulus

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Some economists argue that government spending on social housing is the best way to help the economy bounce back from the pandemic while also easing a shortage of affordable housing.

The latest Victorian Budget announced a record $5.3 billion spend in the sector, whereas the NSW Government earmarked $812 million in its state budget.

But where’s the Federal Government’s contribution?

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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.