‘Worst policy making I’ve seen’: Economist slams major parties’ $24 billion policy pledges
Both the major parties have announced almost $25 billion worth of cost-of-living and housing relief policies.
Unconventional Economist, Leith Van Onselen told Ben Davis on 4BC Mornings, “This is probably some of the worst policy making I’ve seen in my 47 years of life.”
“Households are among the most indebted households in the world, and we’ve got both sides of government basically pouring fuel on the housing bonfire through these demand-side policies that are just going to send prices higher, and mean that Australians are going to take out larger mortgages and become even more indebted,” Van Onselen continued.
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Image: Getty/Matt Jelonek/Bloomberg
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