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“The way real estate works in Australia is that the federal government and banks encourage demand for it and state and local governments restrict the supply of it. The states restrict supply through zoning, and local councils do it by their planning decisions every day. Federal government decisions increase demand for housing in four main ways: first, through interest rates; second, with immigration; third, with tax breaks for investors and home owners; and fourth, with grants to first home buyers.”
Alan Kohler, The Great Divide: Australia's Housing Mess and How to Fix It
“Two Australian fund management success stories are the Platinum International Fund, which is part of Kerr Neilson’s Platinum Asset Management group, and WAM Capital, part of Wilson Asset Management. Kerr Neilson’s”
Alan Kohler, It's Your Money: How Banking Went Rogue, Where it is Now and How to Protect and Grow Your Money

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The Great Divide: Australia's Housing Mess and How to Fix It (Quarterly Essay #92) The Great Divide
836 ratings
It's Your Money: How Banking Went Rogue, Where it is Now and How to Protect and Grow Your Money It's Your Money
179 ratings