Welcome back aboard the ‘Big Australia’ train to dystopia

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The Australian Bureau of Statistics (ABS) has released population and immigration data for the March quarter, which shows that we are well and truly back on board the ‘Big Australia’ train to oblivion.

Net overseas migration (NOM) was 96,200 in the March quarter – the highest quarterly intake on record:

Net overseas migration

Strongest NOM on record.

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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.