Economist warns of cutting immigration in Australia
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Cutting immigration to combat the
Cutting immigration to combat the country's housing shortage is shortsighted and risks wage and productivity growth, according to KPMG Australia Chief Economist Brendan Rynne.
The government is planning to bring in record high levels of immigrants to Australia.
Skilled migrants have the potential to boost the economy as well as ease workplace shortages.
State governments around Australia are dealing with housing shortages and rising prices, making it harder to find places to live.
Mr Rynne told Sky News Australia that we need to “divorce” housing policy from population and migration policy.
The government is planning to bring in record high levels of immigrants to Australia.
Skilled migrants have the potential to boost the economy as well as ease workplace shortages.
State governments around Australia are dealing with housing shortages and rising prices, making it harder to find places to live.
Mr Rynne told Sky News Australia that we need to “divorce” housing policy from population and migration policy.
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