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4min chapter
Australia Should Be Poor. Why Isn’t It?
Economics Explained
Resource Revenue Distribution and Housing Affordability in Australia
This chapter compares Australia's approach to Norway's successful model of taxing resource sales and using the revenue to fund government projects. It discusses the consequences of Australia's failure to levy direct taxes on mining, resulting in the concentration of wealth in a few individuals or international companies. It also touches on other economic issues such as housing affordability.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode