Australia in ‘deep recession’ if you ‘took away immigration’: Angus Taylor
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22/03/24
Shadow Treasurer Angus Taylor says Australia would be in a “deep recession” if you “took away immigration”. Australia’s unemployment rate in February dropped from 4.1 per cent to 3.7 per cent, according to the Australian Bureau of Statistics. “It’s not a soft landing if you’ve had a collapse in your standard of living,” Mr Taylor told Sky News Australia. “This is the problem – the only thing driving our economy right now is immigration. “If you took away immigration, the economy is in deep recession. “I don’t think there is any consolation in any of this for the average Australian family who’s working harder, saving less, with less purchasing power in their pay packets.”
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