Labor, Greens “making housing crisis worse”

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Take your pick over which one is worse on Australia’s supposed “left”.

Is it Labor?

So say former RBA doyen Peter Tulip:

Or is it the Fake Greens who are considerably more aggressive about needing higher immigration and full of NIMBY hypocrites:

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The Greens have no plan to help. Any rental freeze will make it worse. The housing fund is a joke at 6k houses. They are virtue signaling as usual.

Both parties are useful idiots of the Australian forces of production around mortgages, construction, and retail:

Business is warning the Albanese government not to make further cuts to Australia’s permanent migration intake, after a decision to reduce the program by 5000 places next financial year despite the continuing labour shortages.

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Net Overseas Migration is running at 400k and is projected 315k next year, before settling at 260k forever, the highest level ever. This is a shell game to hide the plan for Giant Australia.

Both “left” parties would make Karl Marx barf.

Or, rather, lubricate his guillotine.

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.