Property chiefs want more migrants to build homes for migrants
Advertisement
Australia’s construction and property leaders warn that the country cannot meet its housing and infrastructure targets without more skilled migrant workers.
McNab Group founder Michael McNab says political debate on migration has become sensationalised and disconnected from economic reality.
Productivity has fallen so far that Australia now needs more workers to build the same volume of housing as pre‑COVID.
The full text of this article is available to MacroBusiness subscribers
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.
Advertisement