Kohler: Population ponzi preventing recession

Sunday 8 March 2015

Business Spectator’s Alan Kohler has penned a piece today arguing that Australia’s economy has become primarily dependent on immigration and population growth, which is helping to avoid a recession:

Whether or not Australia has a recession this year or next seems to now depend entirely on the housing sector and that, in turn, is being driven almost entirely by population growth.

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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.