High immigration is killing productivity and living standards
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MacroBusiness has long contended that Australia’s ‘Big Australia’ mass immigration program is a productivity killer.
Because of this high immigration, Australia’s population has expanded by 7.5 million people this century alone.
At the same time, business investment has crashed:
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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.