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Business Spectator’s Robert Gottliebsen (“Gotti”) has penned another piece of Triguboffonomics, arguing that Chinese property investment (immigration) is the key to the Melbourne economy’s future success:
Melbourne has approved the construction of over 20,000 apartments in the central business district over the next four years, five times the ‘normal’ level of around 1,000 a year. Construction has already started on some 7,800 apartments.
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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.
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