⏱️This edition of the National Account’s newsletter is a five minute read.
👋 G’day everyone, Archie here.
My mum, from NZ, is visiting me in Sydney this weekend. So if anyone has any recommendations of where I should take her, that would be greatly appreciated.
Anyway let’s crack on with the news 🗞️.
These incredibly high house prices… are just basically screwing your generation [Gen Z]
🗣️ Why did he say that?
Today I had a chat with Professor Alan Morris from UTS. He painted a very grim picture for those who are currently renting but still aspire to buy a home in this country.
Morris predicts the housing crisis will get worse, with more people becoming renters, potentially for life.
This will also impact retirement life, which will become even harder. The current pension, for example, already can’t keep up with rent in all our major cities.
So what needs to change?
For my full breakdown check out today’s video:
Gas money 💰
Yesterday I had a look at the potential gas tax that’s being floated across the political and commentary spheres. How much would a 25 percent tax of Australia’s gas exports actually earn us and what could we buy with it?
Find out below👇
Thanks for catching up with me. I hope you enjoyed this issue, and I’d love to hear your thoughts. Just reply to this email and I’ll be on the other side 👋
I’ll be back on Monday.
Cheers, Archie