Coalition to announce fake immigration cut

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By Leith van Onselen

The Coalition is set to announce a small cut in Australia’s permanent non-humanitarian migrant intake in April’s pre-election Budget to a cap of 160,000 from 190,000. From 9 News:

Cabinet has authorised the changes, which would slash the targeted annual intake of permanent migrants by up to 30,000…

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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.