What Does The ABCC Have To Do With House Prices?
House prices – what is to blame? Our economists look at the claim from the Prime Minister that the ABCC was needed to stop ‘union thugs’ pushing up house prices. They also look at the tax breaks for investors. No prizes for guessing what the evidence shows is actually effecting house prices.
Contributors: Jim Stanford – @JimboStanford from the Centre for Future Work & The Australia Institute’s Senior Economist Matt Grudnoff – @MattGrudnoff with Ebony Bennett – @ebony_bennett.
Produced by Jennifer Macey – @jennifermacey
See the full report on the ABCC and House Prices from the Centre for Future Work – here
The Australia Institute’s report on Negative Gearing and Capital Gains Tax Discount – here
You can subscribe to The Australia Institute’s podcast series Follow The Money on iTunes. Each episode busts some economic myths, interprets econobabble and helps you sound really smart at your next dinner party.
Between the Lines Newsletter
The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.
You might also like
Economics 101 for the ABCC
The Australian Building and Construction Commission’s decision to press charges against 54 steelworkers for attending a political rally, with potential fines of up to $42,000 per person, is abhorrent on any level. No worker should face this kind of intimidation for participating in peaceful protest.
Paying for Collective Bargaining
Recent labour law reforms in Australia have focused attention on the crucial role played by collective bargaining in achieving higher wages, safer working conditions, and better job security.
One way to improve the “dumpster fire of dumb stuff” which is Australia’s housing policy
Everyone agrees we need to do something about housing in Australia. But first we need to ask a very obvious, but often ignored question: what is housing is for?