Coalition’s ‘home loan guarantee’ designed to win votes
(Dr) Peter van Onselen, Contributing Editor at the Australian Newspaper, Political Editor at Network & Co-Author of ‘The Turnbull Gamble’, joins Michael to discuss his recent article that looks into the Coalition’s home loan guarantee scheme.
Mr van Onselen writes, ‘The Coalition’s home loan guarantee scheme is a classic case of the superficial winning out over prudent policy development. Good politics trumping good economics.’
‘Just watch as the individuals who have signed up to this scheme begin to suffer with rising interest rates and falling property prices in the years ahead.’
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