Australia Economy Is Inflating Because Of Temporary Visas

20 Jan 2017

The word called Recession never got a chance to penetrate into the Australian economy in the last 25 years as it maintains very strong economic standards.

Many factors have influenced (in the last 25 years) to get this result in setting the Australian economy high.

Significant factor mining has intensified in Australia creating the abundance of jobs and in need of more International Skilled Workers.

Australia embraced Immigration by pumping up the GDP (Gross Domestic Product) value high. More Immigrants are one the reasons technically to keep recession out of the country.

Immigration to Australia is increasing and more importantly "Temporary immigrants" role (Working Holiday Visa, Subclass 457, Students). This visa Permit holders have the eligibility to work in Australia and can settle indelibly under a Permanent Residency Visa.

In the year 2016, reports show that presently almost 20, 00,000 Temporary visa holders are in Australia and 5% of them have increased compared to the previous year.

Compared to the United States, the inflow percentage of Immigrants to Australia is going to be high.

This only means that more manpower you get into a country, the economy growth also towers. Also, it is good for the government to take this forward and improve the situation for inflating the economy. 

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