ABC INSIDERS: INTERVIEW BY DAVID SPEARS WITH MATT KEAN 24 OCTOBER 2021

SKIP ALONG TO ABOUT 9.26 MINUTES AND DAVID SPEARS RAISES THE QUESTION OF HOUSING AFFORDABILITY WITH MATT KEAN

SADLY Matt Kean repeats the same old policy speak that many Economists are now questioning on Housing Affordability and Supply.

DS: Skyrocketing house prices through this Pandemic. What should be done about it?

KEY POINTS FROM MATT KEAN

-interest rates

-the need to put in place policies that will make access to home ownership affordable for everyone ****

-but in a way that does not destroy the wealth of existing home owners !!!!!+++++******

(who despite owning the same old house with muddying up into the roof timbers; concrete cancer in the foundation concrete slab concealed by the new timber laminate; asbestos insulation up in the roof; and damp … it has skyrocketed 20% over 2021 … so far!

AND if you sold in 2020 to find there was nothing to buy you are Fk-d now …. )

-nothing is off the table

DS: Are you looking at housing supply which is one area the States are responsible for because it doesn’t look like NSW is keeping up with housing supply?

Treasury says you need to add an additional 42,000 homes – to be added to the stock every year. Why isn’t that happening?

-the NSW Government will be looking at all the policy levers

-look at the options to ensure all First Home Owners can get access to the market

DS: Dominic Perrottet is talking about a Big NSW, just how big, and what pressure would that put on Housing?

-skilled migration has been key to the economic success of this country for generations

-we should continue to make sure it continues for the years ahead!

-we have major skill shortages and labour shortages; we need to get skilled labour and migrant labour back into this country

DS: How big do you want NSW to be?

-big enough to be able to ensure we raise living standards *@@!!###$$%%^^**

DS: Are you in favour of broadening the GST?

-ensure that NSW gets its fair share

-my focus as the Treasurer in undertaking the productivity reforms

DS: Does that include increasing the rate and broadening the base of the GST

-we will work with the Commonwealth

DS: What is your view as the State Treasurer on the GST?

-we need to make sure that NSW gets its fair share; how the Commonwealth goes about that is their business

-the area of Kean’s focus being productivity reforms intended to drive this country forward.to increase the participation of women in the workforce

-we want the Commonwealth to invest in NSW to drive the country forward

CAAN: When interest rates rise women may have no choice but to return to the workforce if they are not already doing so!

VIEW:

https://www.abc.net.au/insiders/nsw-treasurer-matt-kean/13601004