Surely it’s not the same people hit by the housing crisis who also have to pay the $50B, and rising every year, superannuation lurks and perks for wealthy boomers? That can’t be right!
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Citations:
1. Australian Institute of Health and Welfare (AIHW) report on welfare expenditure:
– https://www.aihw.gov.au/reports/australias-welfare/welfare-expenditure
2. MacroBusiness article on housing supply:
– https://www.macrobusiness.com.au/2023/09/why-more-supply-will-never-fix-the-housing-market/
3. Chart on housing:
– https://x.com/GrogsGamut/status/1835097129364439247
4. Michael West article on SMSF and federal budget tax measures:
– https://www.michaelwest.com.au/great-smsf-federal-budget-tax-measures/
Michael West established Michael West Media in 2016 to focus on journalism of high public interest, particularly the rising power of corporations over democracy. West was formerly a journalist and editor with Fairfax newspapers, a columnist for News Corp and even, once, a stockbroker.
