NSW Treasurer destroys mass immigration ‘Big Australia’ policy

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By Leith van Onselen

NSW Treasurer, Dominic Perrottet, has ripped apart the mass immigration ‘Big Australia’ policy, arguing that it “isn’t a sustainable economic strategy” and is crush-loading Sydney. From The Australian:

You have the culture warriors screaming “xenophobia”, as if easing immigration could only be about igniting a race war. On the other hand, the federal government, along with national business groups, has its eyes firmly fixed on tax revenue and gross domestic product figures, warning that any cut in immigration would crush the national economy and federal coffers…

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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.