Angus Taylor is wrong about immigration’s housing impacts

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Liberal opposition leader Angus Taylor reportedly intends to attack One Nation’s immigration policy, arguing that severe immigration cuts would worsen the housing crisis by starving the construction sector of workers.

However, Professor David Flint has demolished Taylor’s claims in The Spectator, noting that migrants make up only a very small share of Australia’s construction workforce. Therefore, migration cuts would improve, rather than worsen, the housing crisis.

“While the construction industry makes up roughly 9% of Australia’s total workforce, only 6.4% of migrants who arrived over the last decade work in this field, and recent arrivals account for an even smaller fraction”, Professor Flint wrote.

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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.