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

By Kat Wong · The Guardian World

Former minister and OECD head urges Australia not to adopt migration caps, with research showing migrants boost employment among Australian-born workers Get our breaking news email , free app or daily news podcast 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. Continue reading...