Each year, we put a call into the minister responsible for money-laundering, reports Michael West. Each year, we get the same answer. Besides, franking credits, negative gearing, the gig economy, IR and superannuation settings, even Federal money-laundering policy has been skewed in favour of older, wealthier Australians vis-a-vis the younger and poorer
Like many of the entries in this series, housing inequality in Australia is both an intergenerational as well as an inter-class issue. Those priced out of the housing market, predominantly the young and poor, have missed a once in a lifetime wealth boom and are now forced into either long-term rentership or the outskirts of cities as Callum Foote reports.
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