To save the furniture, ScoMo must cut immigration

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It’s blindingly obvious what ScoMo should do, via Judith Sloan:

At the rate the Morrison government is going, it will need only two or three second-hand Taragos to ferry around the surviving Liberal parliamentarians after the next election.

For the life of me, I can’t understand why Scott Morrison doesn’t do something to avoid this outcome. But for a number of ­reasons — some fathomable, ­others a complete mystery — the Coalition government is surely heading towards the rocks of electoral annihilation.

The most obvious thing to do is to cut the high rate of immigration with its associated high rate of population growth and the attendant urban pressures. Recall that immigration is contributing about two-thirds of population growth and the population is growing about 400,000 a year. The vast majority of new immigrants are crowding into Melbourne, Sydney and southeast Queensland.

Exactly right. Halve the permanent migrant intake deliberately and loudly and you will get:

  • a massive fear wedge against Labor’s negative gearing reforms;
  • the claim to being more pro-wages than Labor;
  • an instant One Nation policy destroyer, healing the Coalition base;
  • an enormous cheer across Sydney and Melbourne with rebelling Liberals in both given a huge lift;
  • the claim to being the most environmentally responsible party in Australia;
  • a foaming at the mouth Fake Left media alienating droves of fed-up Australians, and
  • the clearest strategic vision with ANZUS again central to Australian security.
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The alternative path of “migrants to the bush” will deliver:

  • the same housing shock to the cities with no campaigning offset for ScoMo;
  • no lift to wages pressures;
  • a rocket under One Nation support across rural districts;
  • contempt in Sydney and Melbourne which know it won’t work;
  • massive environmental damage;
  • a scathing Fake Left media that is on solid ground, and
  • still more drift under the Chinese Communist Party skirts.

Judith Sloan is right. This is so obvious that if Scott Morrison doesn’t do it then he is abjectly illustrating his inability to look after his own and his party’s interests.

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If so, why would anyone trust him with the country?

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.