SOME TREASURERS CAN EXTEND BUBBLES ….

“THE GOOD FIGHT: Six years, two prime ministers and staring down the Great Recession”

…. and some Treasurers can’t!

The Rudd-Swan government, presumably at Hank Paulson’s urging, spent more than $50 billion keeping the great Australian housing bubble inflated.

Remember? $900 to everybody; the pink batts; new school buildings ….., &c.

It worked! But it sent our land bubble skyward for an even greater bursting – and it looks like it’s about to happen ….

The 2018 K-P Index out–out shortly–should be able to confirm!