The Kouk: Don’t return to “break neck” immigration

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Stephen Koukoulas (“The Kouk”) has published a well balanced article arguing against returning Australia’s immigration intake back to the “break-neck inflows evident in the couple of decades prior to 2020” once the COVID-19 pandemic ends:

Two big issues in Australia are a shortage of quality infrastructure and pressures on house prices.

In simple terms, these problems have at their core rapid population growth which has been driven by high levels of immigration.

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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.