>> why not do this? It's simple. Both the major political parties in Australia WANT this outcome. Most politicians have extensive property portfolios. House

>> why not do this? It's simple. Both the major political parties in Australia WANT this outcome. Most politicians have extensive property portfolios. House prices going to the moon is going to mak them all unbelievably wealthy. Successive governments on both sides have avoided implementing Tranche 2 anti money laundering regulations for decades for the simple reason that the property industry makes vast money from criminal cash, and in Australia the property lobby is extremely influential. Australian politicians don't serve the Australian people, they serve the financial donors, vested interests and themselves.