No acknowlegement of this, guys?

NO, IT IS NOT “INTERNATIONAL HEADWINDS“, AS YOU SAID TODAY, MICHELE BULLOCK!

It’s our own internal problem.

It’s that our productivity can never attain anything like the average 12.2% pa growth to be obtained from speculating in Australia’s land values – because there’s an inverse relationship between our land prices and productivity. And our tax regime is fostering real estate speculation more than productivity.

The RBA and the Productivity Commission seem required to keep quiet about this?