Richard Holden . Articles To fix Australia's housing affordability crisis, negative gearing must go House prices are back in the news, and out of control. Vital Signs: Stamp duty is an economic drag. Here's how to move to a better system For all the things we don’t know about COVID-19 one thing is certain: our economic recovery will depend on boosting productivity. Everyone from the Reserve Bank of Australia governor Philip Lowe to Prime Minister Scott Morrison and Opposition Leader Anthony Albanese seem to agree on this. Vital Signs. Sure, economic growth is low, but think about what's gone right Official figures released Wednesday show the Australian economy growing at the slowest pace since the financial crisis. Vital Signs: so far, it's more of a house price blip than a bust in the making Home prices slid in 2018, in some places by quite a lot. Vital Signs: we are witnessing a slowly deflating property bubble, for now Painful though it may be for existing property owners who are selling, we are witnessing what a bubble slowly deflating back to reality looks like.