Matt Barrie, CEO of Freelancer—the world’s largest online marketplace for freelancers—has lambasted the Albanese Labor government for boosting immigration to record highs.
The CEO said Australia’s reliance on immigration as an economic driver was a “big, uncomfortable secret” and would cause “pain for the people over here.”
“In Brisbane, people are living in tents in a park in the city. People are lining up for food and handouts. There are mums begging on Facebook in mum’s groups. It’s really hurting people now,” he said.
He argued that ramping up immigration was the last thing Australia should do, given it was suffering the “highest inflation in decades, sharply declining real wage growth, the worst rental crisis on record, overloaded infrastructure, construction blowouts, bureaucracy, mass insolvencies, the extreme cost of living and the largest destruction in purchasing power in 50 years.”
Barrie also said the policy is “sending the Australian middle and working classes into poverty” and pointed out that 69 percent of immigrants were suffering rental stress—meaning they could barely cover household rent.
Labor’s Housing Plan Just Not Enough
However, Labor has claimed it is working to increase the housing supply so the situation does not get worse.“We have less homes per 1,000 people in Australia than the OECD average,” she said. “Which is why we need to build more, which is what the National Housing Accord is about.”
But not everyone is convinced the Labor government’s National Housing Accord will do enough.
Leith van Onselen, a former Treasury official and chief economist at the MacroBusiness Fund, said Australia does not have enough homes to house the current population, let alone new migrants.
“Anybody with Year 6 maths skills would be able to work out that the 6,000 new social and affordable homes that are targeted for construction each year pales into insignificance against the projected annual population increase of 400,000 to 500,000 people.”
On the other side of the argument, the Southeast Queensland Union of Renters claims that “politicians and the landlord class have chosen a scapegoat.”
“The blame lies with politicians, landlords, and the real estate industry,” the union concluded.