Advertisement
The AFR’s Michael Read published a propaganda piece on Friday warning that the Coalition’s modest proposed cuts to immigration would have a devastating impact on the economy.
“The economic effect of migration cuts would be wide-reaching, including lower economic growth, a deterioration in government finances, and more worker shortages”, argues Read.
To support his rubbery claims, Read first quotes the spurious analysis from the captured Grattan Institute, whose migration research is sponsored by pro-migration lobbyists at the Scanlon Foundation:
Advertisement
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
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.