MB Radio: The Treasury of Common Sense #2

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In MB’s latest weekly Treasury of Common Sense segment with Radio 2GB’s Luke Grant, we discussed:

  • The unexpected 0.25% interest rate hike from the Reserve Bank of Australia and what it means for Australian households, inflation and the economy.
  • Why the latest comments by former NSW Planning Minister Rob Stokes against high-rise apartment developments miss the bigger picture.
  • How extreme immigration this century has wrecked the liveability of Australia’s two largest cities and why the situation will only get worse.
  • Anthony Albanese’s war against the poor, which goes against his upbringing in public housing to a single mother.
  • How Australia’s politicians use virtual signalling issues that impact 1% of people as a ‘bait and switch’ diversion away from important issues that impact everybody.

The full interview can be streamed below.

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.