Exposing the Growth Lobby behind A BIG Australia

Exposing the ‘growth lobby’ behind a Big Australia

November 9, 2018

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By Leith van Onselen in Australian Economy

By Leith van Onselen

Former public servant and consultant, Stephen Saunders, is the latest to demolish the ‘growth lobby’ underpinning Australia’s mass immigration ‘Big Australia’ policy:

The groupthink begins with the three main political parties. With varying emphases, all celebrate big Australia for its “jobs and growth”, and for “multiculturalism” or rejection of racism

By default, the Treasury is our key population agency.

To help perpetuate the 27-year “miracle” in GDP growth, it limns (describes, depicts or highlights) each federal budget with high net overseas migration and high population growth.

The Reserve Bank, unlike the Productivity Commission, pushes the supposed demographic rejuvenation from high migration

Most thinktanks side with big Australia. Industry and property groups also welcome more migrants. They dampen training and wage demands, and deliver more consumers and profits

The growth lobby patronises the lived experiences of ordinary Australians… stretched infrastructure and services, stalled wages and severe housing unaffordability, heightened inequality and urban congestion…

The vibrant city plans! Never mind if these “plans” cram 8 million people into Sydney and Melbourne, and nearly 4 million into Perth, by the middle of this century…

The growth lobby has buried Australia’s deliberations on carrying capacity.

It discounts scientific warnings in Australia’s five-yearly State of the Environment reports…

Under big Australia, future gains to the few (or older) look more assured than gains for the many (or younger).

A truer word has never been written.

The sad reality is that incumbent Australians are being forced to sacrifice their quality of life in order to make room for an endless influx of migrants, brought in purely to feed the ‘growth lobby’ of property industry rentiers, banks, retailers, and other big businesses.

We are continually sold on the ‘benefits’ to headline growth, while the huge environmental and social costs are ignored.

Australia needs a revolution.

unconventionaleconomist@hotmail.com

Leith Van Onselen

Leith van Onselen is Chief Economist at the MB Fund and MB Super. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.

SOURCE: https://www.macrobusiness.com.au/2018/11/exposing-growth-lobby-behind-big-australia/#comments

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