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Like clockwork, Australia’s biggest property developer – Stockland CEO Mark Steinert – has rejected calls to cut Australia’s immigration intake. From The AFR:
Stockland chief executive Mark Steinert told The Australian Financial Review immigration was “central to Australia’s economic and social success as a nation” and said the main reason for congestion in cities such as Melbourne was poor infrastructure planning.
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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.
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