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Why Labor’s given up on the Australian dream

Labor’s plans to provide tax concessions to superannuation funds that build to rent isn’t about improving affordable housing but destroying the little platoons of families and creating fundie feudalism.

Tim Wilson and Jason Falinski

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Over the recent weeks, the Albanese government has flagged tax concessions for investors who engage in building everything that fits under the banner of “affordable housing”, except for the stock Australian families can buy.

With global economic conditions rapidly deteriorating, the options to balance the books have shifted to how to mobilise other people’s money to deliver unfunded policies.

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Tim Wilson is a former Liberal MP and author of 'The New Social Contract'.
Jason Falinski was a federal Liberal MP and former president of the NSW Liberal Party.

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    Original URL: https://www.afr.com/policy/economy/why-it-suits-the-government-to-give-up-on-the-australian-dream-20220926-p5bl5b