Ross Garnaut flips to supporting Big Australia immigration


In 2021, I commended economist Ross Garnaut for arguing for a halving of Australia’s pre-pandemic net overseas migration in his book Reset.

In the book, Garnaut argued that high immigration “contributed to the historic shift in the distribution of income from wages to profits. Increased immigration contributed to total GDP growth, but detracted from the living standards of many Australian working families”.

“Breaches of labour laws on wages and other conditions became common”.

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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.