Depressionberg pines for population ponzi

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With the Australian economy stuck in a depressionary funk, Treasurer Josh Frydenberg is pining for a return to mass population growth:

The federal treasurer wants Australians to have more babies in a bid to battle the country’s economic COVID slump.

At the National Press Club on Friday, Treasurer Josh Frydenberg said population growth was an integral part of Australia’s economic development.

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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.