Labor can complain about the Coalition's negative gearing scare campaign all it likes, but it benefited from lying to voters in 2016.
The Australian media is screaming about the sky falling but, once again, the facts don't really back that up.
In terms of household wealth, we only have the sharemarket going for us at the moment. Wages and property are undermining the "wealth effect".
A key constraint on further interest rate cuts has vanished as property prices soften in Sydney and Melbourne.
The question isn't if we can do it. The question is whether we can do it fast enough.
Metcash's grocery business dips, but its hardware chain goes strong. And other business tidbits of the day.
The government faces a growing problem around the booming property markets of Sydney and Melbourne while the Reserve Bank can see danger to the wider economy, Glenn Dyer and Bernard Keane write.
If business wants to complain about the high cost of operating in Australia, it should demonstrate some courage and call out the culprits -- other businesses and the politicians that pander to them, Bernard Keane and Glenn Dyer write.