Doubts grow over Melbourne’s ponzi economy

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By Leith van Onselen

The conga-line of commentators questioning the merits of turbo-charged levels of immigration and a ‘Big Australia’ continues to grow, with The Age’s State Political Editor, Josh Gordon, penning a well-argued piece yesterday on the population monster swallowing Melbourne:

As CommSec’s State of the States report this week noted, Victoria is growing at a nominal annual clip of 5.4 per cent, the fastest in the nation…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.