Immigration consensus “appalling” for Australian living standards

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As he so often does, Crispin Hull from the Canberra Times has neatly dissected the deleterious impact of two decades of excessive immigration on Australian living standards.

Historical NOM

“In the past quarter century, the immigration consensus has had an appalling effect on Australian living standards”, Hull writes.

“It took a while for the public to twig. And it has taken until now for one of the major parties to break ranks and state the obvious: high immigration and high population growth are the cause of the housing crisis and the strains on every element of social and concrete infrastructure”.

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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.