The housing “silver bullet” is sacking Clare O’Neil

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Clare O’Neil is challenging Mad King for Australia’s most treasonous minister.

Women are making such a difference to ALP!

Having been central to the creation of the housing crisis by tearing down the borders as Minister for Home Affairs, O’Neil is now pretending to fix her own disaster by selling the parliament a series of measures that will make it all much worse:

Housing Minister Clare O’Neil says Labor will reintroduce its Help To Buy housing bill, and will not go back into negotiations after it was effectively voted down by both the Greens and the Coalition last sitting period.

…“There is not a single silver bullet to this crisis and anyone who is proposing that there is, treat them with caution.”

The Albanese government has a housing policy package worth almost $32 billion, as well as plans to build 1.2 million new homes by the end of the decade.

The three policies are dreadful:

  • help to buy is ponzi scheme that will instantly inflate the price of anything it touches;
  • build to rent will corporatise rents leading them to be higher for longer;
  • the 1.2m homes commitment is funded by volatile equity and is already 30% behind schedule.

There is a silver bullet.

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Sack Clare O’Neil, repair the damage she did to the borders, and slash immigration.

Housing fixed!

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.