Advertisement
The intertwined areas of immigration and housing are two of the most significant policy failures of the Albanese government.
In its first federal budget in October 2022, the Albanese government projected that Australia’s net overseas migration would be 235,000 in 2022-23 and 235,000 in 2023-24:
Source: October 2022 federal budget
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.