‘Not well developed or costed’: Experts baulk at One Nation’s economic ideas
The reception from economists to One Nation’s proposals has been lukewarm. But do their concerns even matter?
Economists are not impressed with One Nation’s plans for housing and the cost-of-living.
Capital Brief contacted a raft of experienced Australian economists about their views on One Nation’s housing and economic pitches. Some dismissed the ideas entirely while others declined to speak about the proposals publicly.
Veteran economist Chris Richardson, a former Treasury official and highly regarded federal budget analyst, said he hadn’t delved into the detail of recently announced proposals. But even without this close scrutiny, he said it was obvious they were "not extremely well-developed or costed”.
One Nation’s plan to tackle the housing crisis, advocated by Senator Malcolm Roberts, involves the government issuing 30-year fixed-rate mortgages at 5% through Australia Post. It would be funded by scrapping the federal government’s $11.5 billion Housing Australia Future Fund.
