Robo-migration eighteen times worse than Robo-debt

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The iMSM was in uproar on the weekend at the Robodebt findings, quite rightly.

Robo-debt had no electoral mandate, was based upon lies, pursued an ideologically blind agenda to repair the budget repair and abused half a million economically vulnerable Australians.

Robo-debt raised $1.76bn in debts against 443,000 vulnerable people. Roughly $3,900 each.

It was run by Psycho PM who did not give a hoot and the book should be thrown at all involved.

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However, there’s a worse policy right now.

Robo-migration is the automated intake of copious cheap foreign labourers regardless of economic circumstances.

Robo-migration has no electoral mandate, is based upon lies, pursues an ideologically blind agenda of budget repair and abuses EIGHT MILLION economically vulnerable Australians.

Robo-migration has cost EIGHT MILLION vulnerable renting Australians roughly $10.5b in the past year alone.

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That’s $1318 per renter per annum, repeated next year, and every year, until their incomes break.

It is also run by Psycho PM who does not give a hoot.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.