‘Big Australia’ immigration kills per capita GDP growth

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Economist Callam Pickering tweeted the following in response to Thursday’s June quarter national accounts release from the Australian Bureau of Statistics:

Callam Pickering tweet

As shown clearly above, Australia’s per capita GDP growth trended sharply lower from the early-2000s in concert with the huge lift in Australia’s immigration intake – a fact acknowledged by Anthony Fox:

Anthony Fox Tweet
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Leading immigration shill, Abul Rizvi, was quick to respond with the following propaganda claiming that the decline in GDP has been caused by the growing “demographic burden”:

Abul Rizvi Tweet

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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.