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The immigration ‘Ponzi scheme’ is collapsing on the Victorians.
Victoria has led Australia’s population growth since the federal government rapidly expanded the nation’s immigration intake in the mid-2000s:
Victoria’s population has grown by 2.1 million (46%) this century, to 6.8 million.
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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.
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