Mimicking populists will not ease cost of living or boost productivity, Mathias Cormann warns

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Former minister and OECD head urges Australia not to adopt migration caps, with research showing migrants boost employment among Australian-born workers

Australia’s mainstream political parties are being warned not to adopt populist policies such as migration caps to address voters’ grievances over the cost of living.

Instead, Australia’s longest-serving finance minister Mathias Cormann is urging politicians to deliver housing, real wage growth and lower energy costs by boosting productivity.

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Source: The Guardian World

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