Seems politicians will do anything for a vote. On the hustings, both major parties defied what we’ve learnt about Australia’s housing crisis, promising incentives to first-home buyers that can only be a temporary illusion/delusion.
It’s disappointing, as there have been some good initiatives in recent times. Not nearly enough of course, but the government program to encourage states to boost housing supply and the opposition’s promise of $5 billion for housing infrastructure are steps in the right direction.
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Peter Jones has worked at the Office of the Economic Planning Advisory Council, BIS Shrapnel (now Oxford Economics), the Northern Territory Treasury, and Master Builders Australia.
