World's No.1 Visa Specialist
Australia Partner Company
Australia Partner Company
03 Oct 2016
Most of the Australian’s have turned anti on the immigration as they want to ban Muslim Immigration, however Scott Morrison, warns “it would be foolish for anyone to deny that there is concern about immigration in Australia”. The recent analysis has showed what actually happen if Australia halts their immigration intake.
Population Growth have to face the major consequences: The current immigrants arriving in Australia accounted for more than half of the growth in Australian population.
Economic Growth will take major beating: Population growth is linked to every countries economy, however slower economy growth is not a major problem as it is shared among few people, but to increase their economy immigrants help the country by spending on the their income and pay their tax.
Australian workforce would age quicker: The recent stats by ABS shows that the medium age of new immigrants arriving in Australia is 26.5 years, whereas the medium age of the entire Australian population is 37 years.
Major blow to The Federal Budget: With low population as no new immigrants arriving, very few will be left to pay taxes which are used to support ageing population and provide other benefits to their citizens. Tax percentage will increase to suffice the needs, which will directly affect the working population.
Education and Tourism will be affected: Australia major share of economy comes from International students and tourism, more than $20 billion a year is the revenue generated by International students. The amount shows everything which will be a major hit for any countries economy; this amount is just for one sector which we considered.
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Posted On 13 Jun 2020
Posted On 12 Jun 2020
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