Melbourne Lord Mayor Nice Reece doubles down on failed population ponzi

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Newly elected Melbourne Lord Mayor and vocal mass immigration supporter, Nick Reece, believes that he has the solution to Melbourne’s rental crisis and declining economy: more migrants and international students!

Reece is actively canvassing for Chinese and Indian businesses to open their head offices in Melbourne, citing the city’s high Indian and Chinese diasporas, alongside calling for more international students.

“I’m going to be very aggressively pursuing Chinese and Indian companies to establish headquarters here,” he told The Australian Financial Review on Sunday.

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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.