Latest news with #VanOnselen
Sky News AU
27-05-2025
- Business
- Sky News AU
Australia ‘bringing in way more people' contributing to housing crisis
MacroBusiness Chief Economist Leith Van Onselen claims the Albanese government's promise to help first-home buyers buy their first home with a 5 per cent deposit will 'not' help the housing crisis in Australia. 'It's simply going to increase borrowing capacity … it's going to lift overall demand on prices,' Mr Van Onselen told Sky News host Andrew Bolt. 'We're going to end up with more expensive housing than ever and larger mortgages. 'We're just going to end up with higher prices and more household debt, without solving the underlying problem is that we are bringing in way more people than we can ever supply homes for.'
Sky News AU
27-05-2025
- Business
- Sky News AU
Immigration in Australia becoming leading cause in ‘poorer quality hosing'
MacroBusiness Chief Economist Leith Van Onselen claims the Albanese government 'maintain' high rates of immigration in Australia. 'Unfortunately for us, the ordinary Australians … it makes our lives more difficult,' Mr Van Onselen told Sky News host Andrew Bolt. 'We have more traffic congestion; we've got poorer quality housing that becomes more expensive. 'Ultimately, the economy ends up with lower productivity.'
