Australia
Intergenerational equity impossible without cutting debt

After the biggest pre-budget drops, leaks, chases and educated speculation in years, we will finally see the “intergenerational equity” budget in all its glory tonight at 7.30pm. But will slightly cheaper housing and a reduction (but by no means an end) of the tax system’s pandering to older asset owners going to help?
Housing, for all its importance, is just one area of public policy where young Australians are being screwed over by the current political and economic system.


