Leith Van Onselen says the government is supporting high migration because it makes the economy appear stronger. theboltreport
Co-founder of MacroBusiness Leith Van Onselen says in a resource rich country like Australia, ‘the last thing you want’ is to run a large migration program because it will dilute national wealth.
Mr Van Onselen says the government is supporting high migration because it makes the economy appear stronger. The economist believes high migration is the primary reason Australia hasn't had an economic recession in 30 years, but says on a per capita basis, the country has suffered through three.
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