Population ponzi lifts politician numbers

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By Leith van Onselen

There are many downsides from the Census’ reported 1.9 million (+8.8%) hyper-growth in Australia’s population in the five years to 2016, driven by 1.3 million new migrants, including more congested economic and social infrastructure and less affordable housing in the major cities, as well as increased pressure on Australia’s natural environment.

Another unfortunate side-effect is that we are likely to receive another useless federal politicians sucking at the taxpayer teat. From The Herald-Sun:

The Australian Electoral Commission will now use new population data to determine the number of seats in parliament, which could potentially trigger electorate redistributions in two states and the Australian capital territory.

Australia could also have more federal politicians for the first time since 2001 at the next federal election.

Based on the formula currently used to determine the number of MPs for each state, the Parliamentary Library predicts the number of MPs will increase from 150 to 151.

Both Victoria and the Australian Capital Territory are expected to get another MP, while South Australia is slated to lose one MP.

With three levels of government operating in Australia, one thing this nation certainly does not need is more politicians spoiling the broth. The political system barely functions as is.

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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.