Dr Bob Birrell: High immigration is eating youth jobs

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By Leith van Onselen

Dr Bob Birrell from Australian Population Research Institute has argued that foreign students “gaming” Australia’s immigration system are locking younger Australians out of the jobs market. From The Australian:

Surging overseas student numbers have driven net overseas migration to more than 240,000 a year, putting downward pressure on wages and pushing up accommodation costs in major cities…

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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.