Treasury’s Three-Ps framework is wrecking Australia

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The ABC’s business reporter, Gareth Hutchens, has tried to explain the “economic logic” behind the sudden push to dramatically lift Australia’s immigration intake beyond pre-COVID levels.

Hutchens believes the Australian Treasury’s “Three-Ps” framework is behind the push:

Did you hear that senior bureaucrats in New South Wales are pushing for an aggressive surge in 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.