By the inclusion of transport workers, i’m guessing train workers in particular, i’m guessing they’re talking NSW Labor.

I don’t know what pay is like for these people over East, but if its anything like here, Nurses and Train workers are paid fairly well. What I meanbto say is they’re able to live firmly middle class lifestyles on their incomes.

To fix the crises in cost of living and housing we really want to be targeting the lower end band of wages, and increasing costs on housing investments like tax discounts and exemptions; at the same time some of these tax discounts apply to assets in general, those should stay, to promote the conversion of investment in property (all types), to more productive assets (ASX, private enterprises, Super, the list is endless). By doing this we’ll begin gaving a pool of money aiming for diverse growth investments, thereby helping the economy to diversify theough private capital flows.

Government of course can help direct these private capital flows by crowding in with Government resources (grants, exemptions, lending,etc) on those industries and companies that align with national targets, such as building feckin submarines, or whatever the shit the Government of the day wants.

Bit of rant, sorry. Reading Mariana Mazzucato again.