Brendan Coates from the Grattan Institute has spun more immigration lies, wrongly claiming that the record surge in net overseas migration will lower unemployment:
“The biggest short term economic impact is that it’s [immigration] likely to push unemployment lower, and inflation higher, since new arrivals tend to spend more than they earn and therefore add more to demand for jobs than the jobs they take, especially among international students who are the big driver of record migration currently”.
If Grattan’s claim was true, then immigration would cause skills shortages across the economy, since migrants would generate more demand for labour than they satisfy.
