Plan is to increase our population by about 500k per year(I think about 200K natural growth & 300K immigration).
We already have a housing shortage. They created a 10bil housing fund. Plan is for this fund to... invest in the stock market, and use the interest to fund the construction of 6000 houses a year.
It's a fucking joke.
People talk about Big Australia(govt policy of sharply increasing population) for geopolitical reasons, but I think it's simpler than that. My personal theory is that the govt doesn't want to go into a technical recession and be excoriated in the murdoch press as bad economic managers because they were left holding the previous govts turd sandwich.
The parallels between Australia & Canada are interesting, but i'm curious why the Canadian govt is motivated to do this...
Plan is to increase our population by about 500k per year(I think about 200K natural growth & 300K immigration).
We already have a housing shortage. They created a 10bil housing fund. Plan is for this fund to... invest in the stock market, and use the interest to fund the construction of 6000 houses a year.
It's a fucking joke.
People talk about Big Australia(govt policy of sharply increasing population) for geopolitical reasons, but I think it's simpler than that. My personal theory is that the govt doesn't want to go into a technical recession and be excoriated in the murdoch press as bad economic managers because they were left holding the previous govts turd sandwich.
The parallels between Australia & Canada are interesting, but i'm curious why the Canadian govt is motivated to do this...