A poll on the website NajibRazak.com held in the run up to the 2015 Budget confirms what most people already know: the number one concern among many Malaysians is the rising ‘cost of living’ followed by ‘housing and urban living’ issues.
See the poll results here.
‘Cost of living’ easily outpaces all other issues and the government can no longer pretend that it is unaware. In many households, the expenditure on food and housing has soared by leaps and bounds. This is what happens when farm land is cleared and housing caters to the wealthy while improvements in public transport are carried out at a glacial pace.
And what happens when GST is introduced next year? (About a month ago, I heard from a source that only 10 per cent of eligible businesses in Penang had registered for GST, but that’s a different story.)