The author makes an argument for slow paced reform of the housing market here, but only if all other economic matters remains the same, so take it with a grain of salt.

Aside from that, there is a defence of RBA policies (largely debunked by progressive economists - Greg Jericho and Prof Richard Murphy come to mind) and pick up on the RBA blame game by criticising Govt spending (social services cost money don't you know?).

In the final analysis, our economy is run by #NeoLiberals following a completely debunked #TrickleDown paradigm and a compulsion to #DeregulateMarkets (because markets know best, right?).

The essential fact to take away is that #Neoclassical economics (aka NeoLiberal Economic theory) equals #Austerity but not for all. Hence it is inherently inequitable. The author also points to #Howard's folly, the mum & dad bank, as an electoral threat limiting govt policies but does not criticise the premisse of this very bad idea.

One thing I agree with author on is that the Australian govt budget relies too heavily on wage and salary taxes, which you would expect in a climate dominated by #unfetteredCapitalism. Who else are going to pay for all the #billionaires

https://news.thenewdaily.com.au/c/1L2AldzRjPZS8f9V7h5TVfIO1ZQd

#Economics #HousingCrisis #AusPol

The way right-wing #neoliberals have been able to game the democratic process is that when in power, they put the #economy in an unsustainable extraction mode, thus planting the seeds of it’s destruction for when they’re out of power.

They always talk in double-speak, as in they do the fiscal mistakes later blamed on the left themselves. They love #debt & drop it on their opponents like a hot potato.

They refuse to spend on institutions, let them rot, and then point to that while out of power.

“14.30 AEST
Of course the #RBA did… against the better judgement of economists who are not died-in-the-wool #NeoLiberals. This rise will do nothing to stop inflation due to Stupid #tRump and his mate #Netanyahu military fling. The underlying inflation does not warrant this (according to Greg Jerocho — one of the more sensible economist driven by facts rather than mad theories). Further more, the lasat #CashRate rise has yet to show its effect on the economic numbers FFS.

“RBA raises interest rates for third time in 2026
reported by Luca Ittimani

The Reserve Bank has increased its official interest rate to 4.35%, as prices rise at their fastest pace since 2023.

The RBA’s board today hiked rates for a third consecutive meeting in 2026 after increases in February and March. Rates are now back where they were at the start of 2025, with each of that year’s three rate cuts now unwound.

Today’s hike was widely expected, picked by most economists surveyed by Bloomberg. But financial markets had not fully priced in an increase, with some thinking the RBA might wait and see what the federal government does with its budget next week.” (Source: The Guardian Live)

#AusPol #Economy #Inflation #Stagflation #Recession #MonetaryPolicy

“You wanna know the worst possible outcome for 2028? Tucker Carlson runs on an anti-Israel platform and the Democrats put forward a pro-defending-America’s-military-might candidate…Tucker Carlson vs Gavin Newsom is unlimited Tucker Carlson victory… Ronald Reagan victory numbers.”

“The Democrats as a national party have to universally oppose Israel. ”

#corporareDemocrats #shitlibs #israel #democrats #neoliberals #gavinnewsom #thirdway #zionists #2028election

https://www.youtube.com/watch?v=5La835AM6ts