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The Guardian - AU
The Guardian - AU
Business
Greg Jericho

Labor must stop juicing house prices and make buying a home the Australian dream – not negatively gearing one

Anthony Albanese and Jim Chalmers
‘While the treasurer, Jim Chalmers, might be pushing for true reform to the housing market, the prime minister, Anthony Albanese, has shown a tendency to be scared to do anything that might upset the status quo,’ writes Greg Jericho. Photograph: Mick Tsikas/AAP

As uncertainty hits everywhere, the Australian housing market continues its usual path upwards.

Less than two months ago, I let rip at the IMF for titling its latest World Economic Outlook as “Global Economy: Steady amid Divergent Forces” despite the fact a clueless fool sits in the White House ready to unleash chaos should his blood sugar levels fall too low.

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