How high immigration fudges the Budget numbers

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By Leith van Onselen

The ABC’s Michael Janda has done a good job explaining how running a high immigration program fudges the Budget numbers, and why high immigration levels are all but locked-in:

Australia has been relying on one of the highest population growth rates in the developed world to maintain economic growth, and the Government’s latest budget is no exception.

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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.