The Migration Question Amplified; But Not Tackled… By Anyone!
Last week Michele Bullock the RBA Governor was asked a good question about how high migration might impact inflation. But her answer was well, weird, as she tried to trade off pressure on the housing market from higher demand driven rent rises against supplying more workers to meet business demand (and implicitly increasing economic activity). … Continue reading "The Migration Question Amplified; But Not Tackled… By Anyone!"
The Migration Question Amplified; But Not Tackled… By Anyone!
Last week Michele Bullock the RBA Governor was asked a good question about how high migration might impact inflation. But her answer was well, weird, as she tried to trade off pressure on the housing market from higher demand driven rent rises against supplying more workers to meet business demand (and implicitly increasing economic activity). … Continue reading "The Migration Question Amplified; But Not Tackled… By Anyone!"
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