The Albanese government’s promises of 1.2 million homes over five years are now in the realm of political fantasy, despite the billions of dollars it has pledged for housing.
Inflation is not the only area where the Reserve Bank and the Albanese government are in pointed if polite disagreement.
The RBA’s view of the housing market bears no relationship to the government’s optimistic promises about the construction of 1.2 million new homes over five years.
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Jennifer Hewett is the National Affairs columnist. She writes a daily column on politics, business and the economy. Connect with Jennifer on Twitter. Email Jennifer at jennifer.hewett@afr.com
