Tax expert worried Australia on path to neo-feudal society as housing wealth drives inequality
Tax expert worried Australia on path to neo-feudal society as housing wealth drives inequality
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Tax expert worried Australia on path to neo-feudal society as housing wealth drives inequality
Real inequality is between those who have assets and those without in same generation, not young versus old, says ANU academic
One of the country’s leading tax experts says the explosion in housing wealth has put Australia on the path towards a neo-feudal society where your prosperity depends in large part whether your parents own land or property.