Australia’s living standards trashed by politicians

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Below is this week’s installment of The Treasury of Common Sense with Mike Jeffreys from Radio 2GB.

In this interview, we discuss Treasurer Jim Chalmers wage lies, immigration lies, and how dumb policies are wrecking Australian living standards.

Specific topics discussed in the interview include:

1) Jim Chalmer’s lies that Labor has delivered wage growth. Real wages and incomes have collapsed to around decade lows.

2) Australia’s current per capita recession, which is being papered over via excessive immigration levels.

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3) How the federal government’s extreme immigration policy is driving the nation’s rental crisis.

4) How Australia’s skills shortages have gotten worse despite immigration-driven population growth of 7.6 million people this century.

5) How Sydney’s and Melbourne’s projected populations of around 9 million people mid-century will crush quality of life.

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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.