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Treasury officials aren't elected by anyone. And as for Mr Keen's graph, we perhaps need to conduct our own DD as to whether he is right or Treasury. They can of course both be right. Our GDP % on mortgages could still be well below international comparables, at least pre-GFC. I haven't...

Hi WW I am well aware of the frequency that Treasury makes mistakes, particularly in estimating budget outcomes. However, this example is more qualitative and fundamental than trying to guess a number based on uncertain revenue and cost estimates. To answer each of your items in turn: -...

Told you there was nothing to worry about! ;) Now, I've got a hankering to purchase some property... (An excellent article WW - it rings true to me - thanks for the link!)