cloudfront

Immigrants Boost The Australian Economy In A Big Way

30 Oct 2017


Australia-Immigration

Immigrants are the star in the miracles of the Australian economy.The reason behind the success registered is not because of the commodity super-cycle, or prudent economic management, nor the growth of China, but immigration alone.

More than a quarter almost 28% of the Australian population is born overseas. Australia is a trendsetter and leader for the cause of immigration among the major developed nations. Immigration has pushed the population growth in the country for three decades now. The annual growth of population has overwhelmed the business cycle.

Australia witnessed a recession in 1991 the last time. So far it has escaped the recession even when there was a Global financial crisis. After 1990, the economy of Australia has rallied ahead with a compound 3% rate of annual growth. Compared with the population growth of 1.4% annually, the economic growth has stayed around 1.6% growth annually when per capita growth is the base.

The success of Australia is a miracle based on demography and not on the economy. From 1990 the increase in population was around 8 million and has now touched the mark of 24.55 million as per October 2017. This is a major increase and mainly owes its existence to the increase in immigration. Every minute somebody arrives in Australia.

The sources of long-term immigration are permanent residents and immigrants arriving in the country on subclass visa 457. 190,000 places were allotted to Permanent immigrants every year. Many people arrive here based on the professional skills and some through family reunion.

To find out if you are eligible to immigrate to Australia permanently, fill out a free evaluation form or contact us at info@opulentuz.com or call us 1800 103 1555. One of our experts will meet your expectations and provide answers to queries.


QUICK ENQUIRY

  • Send me regular updates and alerts
Two Year Canadian Dream One day when I woke ...

Sxxxxx xxxxxL
Canada

CANADA VISA ( FEDERAL ...

Really good service provided on all the steps. ...

Pxxxxx xxxxx
Australia

AUSTRALIAN VISA...

Skills assessment Approved. ...

Sxxxxxxxx xxxxxxxxxxU
Canada

ACS RESULT...

Hi, We have had a pleasant experience with Opulentus. ...

Axxxx xxxxx
Australia

AUSTRALIAN VISA...

Thanks a lot to the whole team for ...

Axxxxxxxx xxxxxE
Australia

AUSTRALIAN VISA...

Hello, The experience overall was very nice.Right from start,I ...

Gxxxxxx xxxL
Australia

AUSTRALIAN VISA...

I am writing to let you know how ...

Pxxxxxxxx xxxxxxI
Australia

AUSTRALIAN VISA...

Appropriate guidance at each and every step. Opulentus ...

Nxxxxxxx xxxxx
Australia

AUSTRALIAN VISA...

Got it within time frame of 5 months ...

Axxxx xxx
Australia

AUSTRALIAN VISA...

Thanks for your valuable and professional support in ...

Sxxxxxxxxx xxxxxxI
Australia

AUSTRALIAN VISA...

View All