AFR’s John Kehoe lashes Australia’s immigration ponzi

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Nearly two years ago, The AFR’s John Kehoe broke rank and penned an op-ed attacking Australian policy makers’ extreme reliance on mass immigration to drive growth.

Specifically, Kehoe argues that Australia’s productivity growth collapsed as immigration ran hot, worsening living standards for incumbent residents.

“For too long the federal and state governments have relied on the cheap, easy way to grow the economy by simply importing more people”, Kehoe said.

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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.