Susan Stone

So if somebody really wants to invest in property, they can do it through a self-managed super fund anyway.

But for regular Australians,

The amount of money that we as a nation invest in housing is, in my opinion, disproportionate.

We have three times the amount invested in the housing market than we do in superannuation.

And housing, it doesn't do anything for the economy.

It doesn't grow the economy.

It doesn't provide jobs.

It doesn't provide innovation.

And if everybody's investing in housing, there's not as much savings

To go into business growth, there is a real misallocation of resources in the economy with way too much money going into housing and not enough money going into business development, business growth, innovation and things we need to grow productivity.

Absolutely.

It's a great dream to own your own home, to live in that home, to own that and enjoy all the benefits of home ownership.

It's when we start, you know, buying another property and then another property and we become basically a country of landlords.

Well, hopefully we become a strongly growing, innovative, new businesses coming up.

We've had the same, you know, top businesses on the ASX for like 40 years.

We don't have any new champions.

We don't have any place where we're really looking to the future.

Well, businesses under $2 million will not be really impacted by these changes.

I think for many small businesses, at the end of the day, we won't see huge changes in what they're paying in tax.

I think we do need to invest more.