LNP to double immigration to fix housing shortage

Thursday 14 May 2026

They have a fair point, but they are not making it well.

News.com.au can reveal the Liberal leader will seek to frame the housing affordability crisis squarely within the context of migration.

He will argue the reason why prices are out of control is migration, not negative gearing and capital gains tax breaks.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.