Wanting lower immigration isn’t “far right”

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For those old enough, the Sydney Olympics held from 15 September to 1 October 2000 was ‘peak Australia’.

It was a time when national pride and unity were at an all-time high. Australian living standards were peaking, per capita economic growth and productivity were strong, and homes were still affordable.

Per capita GDP, productivity, and immigration

The year 2000 was also before the federal government decided to abandon decades of stable, moderately sized, and well-targeted immigration for ‘Big Australia’ mass migration.

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Historical NOM

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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.