its the same as under Abbott/trunball and Morrison....
on top of mass immigration of 250,000/year Morrioson was deliberately depressing the economy, acting against the RBA efforts to prop up the economy by perpetually lowering interest rate (and so those living of interest payments, self-fund retirees mostly) suffered enormously, lowering wage growth so the consumption came only from the wealthy.
fair enough the current immigration level is unsustainable.... and is not supposed to be sustained as much of it is catch up from the Covid isolation period. but despite the RBA and corporate induced inflation, wages are starting to pick up at a sustainable modest level and we can see the light at the end of the covid induced recession.
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its the same as under Abbott/trunball and Morrison....on top of...
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