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It’s amazing watching Australia’s politicians treat the symptoms of Australia’s third world population growth, rather than addressing the problem at its source by reducing immigration.
With the NSW State Election bearing down fast, and the Liberals languishing in the polls, Premier Gladys Berejiklian has announced an uncosted plan to build four new underground metro train lines that would supposedly be delivered sometime over the next two decades. From The AFR:
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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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