The migration system is not working for Australians


The Australian’s Judith Sloan is the latest commentator to debunk KPMG chief economist Brendan Rynne’s spurious claim that a “short-sighted”, “kneejerk” cut to immigration would damage productivity and the economy (see my responses here and here).

Like me, Sloan notes that Rynne’s claims that immigration lifts productivity does not stack up with the empirical data:

“Consider the supposed link between skilled migration and higher productivity, leading to broad economic benefits. Notwithstanding Rynne telling us he has work that demonstrates this link, there is little rigorous Australian research to back the claim”.

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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.