Private debt in Australia has escalated beyond the $2 Trillion mark shooting past Australia’s GDP of $1.6 Trillion by 123%. Housing affordability is reaching crisis levels driven beyond the budgets of many Australians, by negative gearing and capital gains concessions. In fact, we have just bypassed Denmark (the previous first placeholder) to hold the prize for […]
Category: Budget
Sovereign economics, National budgets and the ne0-liberal misrepresentation of economic issues in the face of more accurate economic and nuanced modeling represented by MMT.