Australian Housing Affordability the Worst in 130 Years

First home buyers face the highest price to income and deposit to income ratios, the lowest savings rates, runaway dwelling prices, weak wage growth, and a political establishment hell-bent on ensuring land prices keep rising, no matter the wider cost to the economy. Economists and co-founders of LF Economics, Phillip Soos and Lindsay David present best evidence the system is eating the young alive.

The economic consequences of balanced budgets

Treating federal budgets like that of a household has starved economies of precious resources and has facilitated unprecedented levels of private and household debt. Editor-in-chief Claire Connelly explores the consequence of this logical fallacy in an excerpt of her upcoming book, How The World Really Doesn’t Work.