Highrise Harry Triguboff demands mass immigration NOW!

Advertisement

Multi-billionaire apartment developer, “Highrise” Harry Triguboff, has ordered the federal government to open the immigration floodgates in order to fill his apartments and “boost prices” and rents:

The apartment tycoon has… stepped up his calls on the federal government to bring in more immigrants saying Chinese buyers had helped boost prices for his Meriton apartments group over the past 40 years.

“Foreign buyers have to be attracted again, because they created better prices, at present we are making it more difficult for them to buy,” Mr Triguboff told The Australian.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.