As migrants flood cities, Joyce pushes Aussie kids to regions

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By Leith van Onselen

In scenes reminiscent of when former treasurer Joe Hockey told those looking to buy their first home to “get a good job that pays good money… [so] you can go to the bank and you can borrow money”, Nationals leader Barnaby Joyce has once again told would-be first home buyers in Sydney and Melbourne to move to regional centres like Tamworth. From The Guardian:

Barnaby Joyce has said governments cannot make policies to bring down the price of houses and urged people struggling to enter the expensive Sydney and Melbourne housing markets to move to regional cities like Tamworth.

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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.