May 27th 2006

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Articles from this issue:

EDITORIAL: Nuclear energy - Australia's pivotal role

THE ECONOMY: The Budget - populist and unsustainable

CANBERRA OBSERVED: Labor leadership rumblings

NATIONAL AFFAIRS: Snowy Hydro's privatisation is theft

INTELLIGENCE BRIEF: Will new personnel save CIA and ASIO?

PRIMARY PRODUCE: Pernicious policies killing Australia's dairy farmers

WESTERN AUSTRALIA : Inquiry rejects Kimberley fresh water plan

STRAWS IN THE WIND: Indonesia and the islands / Victoria's new Liberal leader / More on that second oldest profession

POLITICS: Plight of families under uncontrolled capitalism

INTERNATIONAL AFFAIRS: China forms strategic alliance with Russia

OBITUARY: Jean-François Revel (1924-2006)

Another view of Family First (letter)

DLP not eclipsed by Family First (letter)

Time for a Pacific Youth Corps? (letter)

Blame government for house prices (letter)

BOOKS: The Victory of Reason: How Christianity led to freedom, capitalism, and Western success, by Rodney Stark

BOOKS: Bad Faith: A Forgotten History of Family and Fatherland, by Carmen Callil

Books promotion page

Blame government for house prices (letter)

by Bob Day

News Weekly, May 27, 2006


Your correspondent Suryan R. Chandrasegaran says current house prices, which form "an impenetrable barrier" to home ownership, are the result of a "free market" (News Weekly, April 29, 2006).

Nothing could be further from the truth. Current house prices are the direct result of a vast array of government policies and regulations - as far removed from a "free market" as one could get.

Urban growth boundaries, restricted use zonings and other land management and planning powers have conspired to severely restrict supply, thus sending land prices through the roof.

A free market is the solution, not the problem.

Bob Day,
Adelaide, SA

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