CBA economist demolishes Australia’s population ponzi economy

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CBA senior economist, Gareth Aird, gave a ripping interview on Radio 2GB yesterday afternoon, whereby he demolished Australia’s mass immigration-fuelled ponzi economy and once again urged Australia’s politicians to place greater emphasis on individual living standards over headline growth.

What struck me most about this interview is not Gareth Aird’s views, since these were outlined in detail yesterday, but the understanding of the problem by the 2GB host, Michael McLaren, who was in total agreement.

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.