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CurlyWurlies4All to Australia@aussie.zoneEnglish • 2 years ago

Intergenerational Report 2023: Australian economy built on rent seekers who produce nothing

www.smh.com.au

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Intergenerational Report 2023: Australian economy built on rent seekers who produce nothing

www.smh.com.au

CurlyWurlies4All to Australia@aussie.zoneEnglish • 2 years ago
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In Australia, why do people who produce nothing get rewarded the most?
www.smh.com.au
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The current housing pain might feel like an acute moment, but it is really the culmination of decades of policy in which every factor has pulled in the direction of making housing unaffordable.
  • @w2qw@aussie.zone
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    2 years ago

    He’s talking about exports

    https://en.m.wikipedia.org/wiki/List_of_exports_of_Australia

    • @Nath@aussie.zoneM
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      Ahh that makes a bit more sense, but still even using those figures, coal is 15% of exports and gas 7.7%. Less than a quarter combined, nowhere near a third.

      We absolutely need to wean our economy off coal. I believe we can do it well before 2050.

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