We’ve gone from avoiding the only productivity question that matters, the impacts of mass immigration on capital shallowing. To a vested interest scramble. To the do-nothing PM shutting it all down.
It’s a farce, as it was always going to be, and now we’re focused on just one thing: meeting the centrally planned dwelling construction target. ABC.
A leaked Treasury document has revealed a number of recommended outcomes for the federal government’s yet to be held productivity round table.
The pre-written list, prepared for cabinet and seen by the ABC, shows advice from Treasury to pause the National Construction Code, similar to a proposal by former opposition leader Peter Dutton that was panned by Labor at the federal election.
It also recommends measures to speed up housing approvals, including a national artificial intelligence plan to cut environmental red tape, and reforms to clear a backlog of 30,000 housing approvals currently being assessed under the Environment Protection and Biodiversity (EPBC) Act.
No, this is not satire. The construction backlog is because nobody can afford to build a house after the Albanese government unleashed the Ukraine War gas cartel shock on building material prices.
Even the RBA money printer is struggling to finish its renovation owing to a 325% blowout in costs.
Albo is currently making this much worse as he rolls back energy subsidies.
Let’s not address that. Or slash immigration to zero. To fix both problems in an instant. Let’s focus on motherhood statements. AI will fix it!
Albo’s ship of fools has no chance of meeting its housing targets. The productivity roundtable hamster wheel won’t change it.
In the last cycle, amid booming lowflation and a phenomenal influx of Chinese capital, completions never hit the target.
Like everything else in this country, the productivity roundtable has been turned into an immigration hamster wheel sitting on a conveyor belt going backwards as it chases capital shallowing in a vain attempt just to stand still.
This is what happens when you cancel the word “immigration” from public discussion.
