I don’t drive much. We live in the inner suburbs, it’s an easy walk to my daughter’s school and the local shops, and I’ve got public transport options within a 10-minute walk that will get me to the city in under half an hour.
As has been widely noted, a government cut to the fuel excise, as was recently done in New Zealand, may provide some immediate relief at the bowser but even if we abolished the excise altogether, we, and there’s no sign the global forces driving up the cost of oil will dissipate any time soon. Despite the inexorable growth of house prices over recent decades locking an increasing number of people out of the market, the demand for property has continued to grow apace. With interest rates at record lows, we did not see the fall in house values that some predicted as a result of the pause in immigration and economic shock brought about by the pandemic.
The Morrison Government has had ago now it’s Time for a new Government