Coalition, Labor back away from a “Big Australia”

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Yesterday’s dire Infrastructure Australia audit, which warned of growing infrastructure bottlenecks and rising costs across roads, rail, schools, electricity and water as Australia’s population balloons to a projected to 31.4 million people by 2031, has finally prompted both major parties to question their bipartisan support for mass immigration and a ‘Big Australia’.

The Morrison Government has announced that it will launch a ‘powerful inquiry’ into Australia’s immigration program:

The comprehensive review, to be led by Parliament’s joint migration committee, which usually examines the nation’s detention centres and visa laws, will take in population and infrastructure pressures…

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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.