RaymondPierreL3The 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
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