High rents. Scarce housing. Builders going broke.

All down to both members of our political duopoly and their mania for a Big Australia (slipped up to 27 million this year, and still going)

You get what you vote for.

Most people like to give the "small bloke" in business a go in the face of corporate wokeness, monopoly, conspiring with politicians behaviour.

How about giving the small political parties a go?

ttbn,

"How about giving the small political parties a go?" Are you suggesting everyone vote for THE GREENS, glad you have finally seen the light.

A weasel, he really supports the crazy far right, Hanson Party, Palmer Party, a few years back he was all cock-a-hoop about the loony Corny Banana Party, until they ripped him off!

"Kudos mhaze on the explanation."

I have to admit I'm rather chuffed at my May 2022 post which largely predicted this economic problem for whichever party won the 2022 election.

The problem for the government is that they really don't have a way out of this problem that doesn't involve throwing money at it and therefore exacerbating inflation. The recent essential poll (http://www.theguardian.com/australia-news/2023/dec/11/guardian-essential-poll-financial-woes-trigger-frustration-with-albanese-and-mistrust-in-institutions ) shows an electorate that is very pessimistic about the near future and looking for people to blame. (They should of course blame themselves for cheering on the lockdown malarkey, but that ain't gunna happen!).

So, as I've said often, these problems are not caused by this government (or more exactly not primarily caused by this government) but, after 18 months in power, the electorate is starting to blame them for their woes.

Its only going to get worse. There is nothing on the economic horizon that looks likely to pull the governments chestnuts out of the fire as rising iron ore prices did last year. The international scene looks dire for Australia and therefore for the electorate and therefore for the government.

If you have the economic option, batten down the hatches.

"It seems likely that internal conflict in Asia and Africa is being imported to the west."

And then some.

Fortunately for Australia, we had the short-lived Abbott government which 'Stopped the Boats' and set a new paradigm for Australia where both sides pf politics oppose open slather refugee intakes. (The ALP does this reluctantly but know that a return to the Rudd/Gillard years of open borders is political death).

Not so in other parts of the world.

In the US, the disastrous Biden regime is allowing millions of military aged men to slither into the country. This appraisal of the likely results of that is sobering.... http://twitter.com/BigFish3000/status/1750617779357798779

Likewise, Europe was seduced into taking hoards of MENA 'refugees' and its future looks grim.... http://rmx.news/austria/europeans-will-succumb-to-islam-former-top-german-spy-issues-new-warning-as-muslim-majority-in-europe-predicted-by-2200

It doesn't take too much imagination to envisage Australia/NZ as the last bastions of western civilisation come 2200.

Those who fail to learn from history are condemned to to repeat it.
Mhaze,
I told you so ! Negative gearing has created problems not solved them. As I stated earlier, basic housing should be a public housing responsibility, not private enterprise. Private enterprise is open to anyone who has got what it takes to succeed without the rort of negative gearing. It is negative gearing that led to the immoral imbalance of wealth, a wealth procured via dodging Tax. Same goes for donations ! Govt Taxes are way to exorbitant as are permits etc. Everything is focussed on maximum profit instead of sustainability & that is just so wrong & bad policy !

Older Australian's have been getting some criticism that they are keeping property prices high by not selling land at a rate fast enough for other stakeholders. This has creepy communist undertones implying that property owners shouldn't be able to "own their own property" and choose when they want to sell it.

I've been thinking older Australian's have done a lot for younger Australia- younger Australian's born by older Australian's- older Australian's are a soft marketing target and appear to buy Australian products that provide jobs for younger Australian's- Grey Nomads spend their money in Australia often buying expensive caravan's and equipment. Maybe younger Australian's need to buy more Australian products so that their jobs stay in Australia, take less overseas holidays, invest their money better, live home until they buy a home rather than renting. Live in regional locations and train in areas that utilize Australia's strengths rather than clustering in the cities cosmopolitan toilets. Find meaning in purpose rather than the bright lights- "all that glitters is gold". Maybe older Australian's can keep a room aside for their young relatives and children of their close friends- they can donate their old mobile phones and computers to help young people get a job- maybe cook them dinner so that the young people can study get a good job and in return support them as they age. Maybe universities can move to remote locations so that "The Foreign Education Industry" doesn't have an impact on housing. Better still why can't foreigners stay with their families in their own nations and Australia can negotiate with their leaders for the common wealth.

Governments/ ideologies are seeking desperately to pass blame for their bad policies to older people, younger people, any people- to avoid taking responsibility.