Victoria hurtles toward debt disaster

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The immigration ‘Ponzi scheme’ is collapsing on the Victorians.

Victoria has led Australia’s population growth since the federal government rapidly expanded the nation’s immigration intake in the mid-2000s:

Victorian population growth

Victoria’s population has grown by 2.1 million (46%) this century, to 6.8 million.

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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.