Well either I’ve woken up in a parallel universe (no doubt related to the recent proof of the existence of gravitational waves), or the most blindingly obvious imbalances in our tax system have suddenly become imperatives for tax reform for … Read more
Articles from Rational Radical
You’d have to be have been living under a rock to have missed the widespread consternation about the role of foreign investment (read foreign ownership – a crucial distinction) in Australian domestic real estate over the last few years. In … Read more
Like all marketing exercises, real estate is primarily sold by exploiting our fears. In order to exploit our fears, marketers must first stoke fears. And the stoking of fear requires one or more invented problems, which we must be taught … Read more
The fate of the last three prime ministers is intimately linked to their failure to explain the rapidly changing economic fortunes of this country.
Australia’s multi-decade boom in living standards is now confirmed as over. All the economic indicators and … Read more
No one enjoys being unpopular, especially in our vain, materialistic and often dull contemporary Australia. Popularity is as important to Australians as soy flat-whites, low-hanging filament light bulbs, and the eponymous weekend real estate lift out. Oh, and having 24 … Read more
So bubble mania has finally hit the mainstream.
If there was ever any doubt that the great Aussie Housing Bubble is bad for the economy, David Murray’s repeated warnings about our banks and financial system should clear that up.