NSW Productivity Commission spews housing and net zero propaganda

Thursday 21 November 2024

Earlier this year, the NSW Productivity and Equality Commission (PEC) lamented that young Sydneysiders were leaving the city, forced out by high housing costs.

The NSW PEC advocated easier planning rules and the widespread construction of high-rise shoebox apartments rather than the most straightforward solution of lowering net overseas migration.

Net overseas migration into NSW was about 170,000 in the year to March 2024, accounting for all of the state’s population growth.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.