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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.

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