Ponzi Perrottet wants homes built in fire zones, flood plains

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Recall that the incoming premier brief from top bureaucrats within the NSW Department of Premier and Cabinet told Premier Dominic Perrottet that Australia needs an “explosive” surge of 2 million migrants to boost the economy:

“An ambitious national immigration plan similar to Australia’s post-World War II approach would ensure Australia would benefit from skills, investment and population growth,” Mr Perrottet was told in the advice, which was seen by The Australian Financial Review…

In a sign the new Premier is taking the advice seriously, Mr Perrottet on Monday said the borders need to be opened up amid a “general labour” shortage to ensure a healthy economic recovery.

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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.