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On Friday evening, I was interviewed by Sky News’ Erin Molan (video below) where I explained how the federal budget’s immigration (population) forecasts will worsen Australia’s housing crisis and will result in a huge increase in homelessness:
“The real kicker was that the out years of the budget – the federal budget’s actually increased the net overseas migration forecast for 260,000 per year”, I 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.