Since the election in May, the Morrison government, Reserve Bank and Australian Prudential Regulation Authority have thrown everything and the kitchen sink at reversing the fall in house prices.
The Liberal-National Coalition MPs and Senators in the government endorsed the $10,000 cash ban bill in their 17 September party-room meeting; it is now likely to be introduced into Parliament this week.
Scott Morrison’s obsequious falling in behind the United States and United Kingdom in targeting Iran again confirms the late former Prime Minister Malcolm Fraser’s assertion that Australia does not have an independent foreign policy.
Parliament resumes on Monday 9 September, which gives us two weeks to melt down their phone lines with forceful objections against the $10,000 cash ban.