‘Don’t insult me’: Labor luminary unleashes over falling house prices, real wages

Key Takeaways

• Bill Kelty criticizes the government's economic record
• Anthony Albanese and Jim Chalmers are presiding over a fall in real wages
• Kelty argues that lower house prices are not beneficial if real wages are falling
• Falling real wages make houses more unaffordable
• Kelty's critique is one of the sharpest and broadest of the federal government's economic record
• Kelty believes the government's approach fuels support for One Nation