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The Grattan Institute has jumped back on the ‘Big Australia’ train, claiming that strong immigration is required to grow the economy, lift productivity and improve living standards:
“Over time, population growth is also really important both for sustaining businesses but also for helping to sustain the services that we all rely on,” Grattan Institute chief executive and economist Danielle Wood explained.
“Migration has been incredibly important for supporting growth in the economy.
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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.