A former treasury economist has taken aim at the federal government over Australia’s rental crisis.
Speaking to Sky News Australia on Friday, MacroBusiness Chief Economist Leith Van Onselen said the government’s record high immigration rate and dismal rate of new housing construction have combined to create an"absolute disaster" in the housing market.
A former treasury economist has hit out at the Albanese government over the country's rental crisis. Picture: Getty Images The former treasury economist claimed the Albanese government had deliberately sought to ramp up immigration and should have realised the consequences. "We also have Labor shortages, because now builders are competing with state governments to build infrastructure for all these extra people that are coming in, which means that we've starved the housing construction sector of labour," he said.
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