Surprised to see the author referring to the "selfish property market". Selfish and pandered to by government it certainly is - hence the lunatic mass immigration programs by both parties leading to more over-priced building for people we don't need.

ttbn,

It has been large scale immigration especially cashed up Chinese that has been keeping the Australian economy afloat for the past 30 years.

The joke is that in a few months the WuFlu pandemic has wiped our all the gains and benefits of mass immigration and put things back to square one except now we have to many people for the available jobs and resources available.

Jared Diamond in his book 'Collapse' called the Chinese migrants to Australia and America an invasive species of humans because of their adverse impact on our environments.

But just do what Foxy and FOULmouth do and turn a blind eye to the destructive impact immigration is having on the Australian environment and focus on the money the cashed up Chinese can bring.

ttbn,

PS When Diamond called the Chinese migrants to Australia an invasive species he equated them with cane toads and rabbits.

Economic growth tied to population growth is a flawed model! In as much as it created additional demand, increased pockets of poverty and a level of unemployment that was and is semi-permanent! [Just identifying and removing poverty would have a better more sustained/sustainable efect!]

Population growth is a model predicated on increased housing and fat and bloated landlords charging whatever an overheated market could bear! Bet your bottom dollar they won't want that to change/will use all the political influence at their fingertips to keep the stauos quo and the current flawed model!

They pushed overcrowded cities skywards as we stacked and racked humuns into ever smaller spaces, just so when the inevitable pandemic hit, it could be spread much more easily!

We promoted asinine me-me individualism and aspirational go-getters at the expense of long tested and not found wanting, sane, vastly more productive, cooperative enterprise!

We could and should build a very fast train along our eastern seaboard as a VLT that gets you to your destination much quicker than the concorde could!

And because there are no moving parts to wear out and no friction. Maintenance costs would be so minimal so as to make this the least expensive model long term! And still be providing service when all the other fast trains are obsolete! Do it once and do it right and we won't need to do again for centuries!

A mile wide corridor should be resumed and once the VLT is built. Areas could be rezoned as urban and developed then sold. The proceeds paying for the entire build/resumption.

Some highly developed areas will need to be tunnelled under as a cheaper option than resumption.

As for the VLT? it should operate between tunnels inside a covered trench. To avoid traffic, koalas, kangaroos, cows, horses and inebriated humans out for an evening stroll.

And could be financed off budget via our reserve bank and credit notes.

What we need for this and any other project designed to assist and promote a robust recovery, is ultra-cheap energy! TBC.
Alan B.

We reached the sustainable population level of 5.6 billion in 1986.

Today it is 7.8 billion and increasing and is being driven by the quest for economic growth and higher standards of living. Our propensity for culture will be the death of us humans.

There's aound fifty tillion in spare capital around the world looking for a safe home. We should provide part of that safe home. Some of it would ensure we could rapidly rebuild an energy dependant manufacturing sector able to beat the pants off of any cheap labour model! Even more so, with genine tax reform manifesting as a single unavoidable 15% flat tax, every boy and his dog pay above a more generous tax-free threshold!

Borrow never cheaper money to build nation building projects that keep on giving long after they have repaid our entire debt!

The bigger the project the faster the recovery/the debt is repaid

Projects we should be cracking on with now are, An East Coast VLT that's faster than concorde!

An inland dual-lane shippingcanal that uses huge northern tropical tides and lock gates to keep Lake Eyre, permannetly full! And allows Lake Eyre to function as a central transport hub and source of permanent water for the (waste burning MSR's) nuclear powered desal plants we build along its banks!

Crack on with the mass produced, thorium burning MSR's, to among other things, produce exportable medical isoptopes and create a new billion dollar industry here as a medical tourism industry that we could count as annual milllions of tourists for rural and regional Australia. Who come here with untreatable death sentence cancers and go home in remission!

Yes this will take time, as long as a decade, if we start now! So what do we gain via endless delay? SFA!

Save, less recalcitrant others stealing our ideas and advancing/consolidating their recovery even as we hum and hah, make pretty speeches, fruitlessly blame joe blog, the Christian minority, ethenic difference etc-etc, as we go further and further back and deeper and deeper into a mire of debt that is doing nothing more now than prop up recurrent spending! And over-inflate the stock market!

And as such, ensure we and the real economy, go backwards at an ever increasing rate of knots! TBC
Alan B.