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Once upon a time, the Labor Party represented the working class.
Nowadays Labor is just as neoliberal as the Coalition, only with a woke coat of paint.
For evidence look no further than Labor’s extreme immigration policy, which is all about looking after its business mates and friends in the edu-migration lobby rather than the living standards of the rank-and-file Australian.
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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.