TMM - News

Migration scramble not boosting demand

Tuesday 27th of June 2023

In an economic note, senior economist Mark Smith and graduate Kathryn Shearing say the recent net immigration episode is not sticking to the script.

“It is difficult to discern a demand-side boost from increased net immigration, with the economy essentially flatlining at best, a sizable per-capita recession underway, and the housing market still failing to fire,” they say.

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