MB talks sense to media on immigration


MacroBusiness was active again last week across Australia’s media.

David Llewellyn-Smith was interviewed by the Daily Mail’s Stephen Johnson about the Albanese Government’s mass immigration policy, which is wrecking state budgets:

“The Australian Treasury is very much on board with population growth because one of its primary goals is to keep the Budget in good fettle”.

“But the problem is there’s what we’d call a vertical-fiscal imbalance which means that although the federal Budget gets repaired, all of the costs of population growth go the states”.

“So their Budgets all get wrecked by it because they’re spending a fortune trying to invest in all of this infrastructure”.

Leith van Onselen was interviewed by News.com.au’s Frank Chung about Labor’s proposed high-wage skilled visa:

“The median full-time wage in Australia is currently around $85,000, so a threshold set at $120,000 or above would attract genuinely skilled migrants who pay high levels of taxes”.

“Ultimately, the best guide to skills is wage levels, not regulations or skilled occupation lists, which are easily circumvented and inefficient. The government should set a high wage threshold above the full-time median to ensure that the migration system attracts genuinely skilled workers who pay high levels of income taxes”.

The weekly Treasury of Common Sense with Radio 2GB a 4GB had Leith explaining how the federal Coalition is looking to use Labor’s Big Australia immigration as a battle ground issue at the next federal election:


Leith was also interviewed on immigration for nearly two hours by Martin North at Digital Finance Analytics (full interview here).

Below are highlight videos on various topics that were discussed:

Subscribe to Leith’s YouTube channel to keep up to date with his various media interviews and appearances.

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.