#livingstandards — Public Fediverse posts

Treasury’s latest numbers make for interesting reading.
Cut migration from 235,000 to 185,000 a year and the projected difference in GDP per person by 2066 is only about $400.
Meanwhile, productivity is projected to make a vastly bigger difference to living standards.
So perhaps the debate shouldn’t be about how many people we can squeeze into Australia, but how we make Australia more productive and prosperous for the people already here.

#auspol #migration #economy #productivity #livingstandards

https://www.sbs.com.au/news/article/treasury-igr-migration-living-standards-gdp-per-capita/krs0abtoh

Treasury’s latest numbers make for interesting reading.
Cut migration from 235,000 to 185,000 a year and the projected difference in GDP per person by 2066 is only about $400.
Meanwhile, productivity is projected to make a vastly bigger difference to living standards.
So perhaps the debate shouldn’t be about how many people we can squeeze into Australia, but how we make Australia more productive and prosperous for the people already here.

#auspol #migration #economy #productivity #livingstandards

https://www.sbs.com.au/news/article/treasury-igr-migration-living-standards-gdp-per-capita/krs0abtoh

Treasury’s latest numbers make for interesting reading.
Cut migration from 235,000 to 185,000 a year and the projected difference in GDP per person by 2066 is only about $400.
Meanwhile, productivity is projected to make a vastly bigger difference to living standards.
So perhaps the debate shouldn’t be about how many people we can squeeze into Australia, but how we make Australia more productive and prosperous for the people already here.

#auspol #migration #economy #productivity #livingstandards

https://www.sbs.com.au/news/article/treasury-igr-migration-living-standards-gdp-per-capita/krs0abtoh

Treasury’s latest numbers make for interesting reading.
Cut migration from 235,000 to 185,000 a year and the projected difference in GDP per person by 2066 is only about $400.
Meanwhile, productivity is projected to make a vastly bigger difference to living standards.
So perhaps the debate shouldn’t be about how many people we can squeeze into Australia, but how we make Australia more productive and prosperous for the people already here.

#auspol #migration #economy #productivity #livingstandards

https://www.sbs.com.au/news/article/treasury-igr-migration-living-standards-gdp-per-capita/krs0abtoh

Treasury’s latest numbers make for interesting reading.
Cut migration from 235,000 to 185,000 a year and the projected difference in GDP per person by 2066 is only about $400.
Meanwhile, productivity is projected to make a vastly bigger difference to living standards.
So perhaps the debate shouldn’t be about how many people we can squeeze into Australia, but how we make Australia more productive and prosperous for the people already here.

#auspol #migration #economy #productivity #livingstandards

https://www.sbs.com.au/news/article/treasury-igr-migration-living-standards-gdp-per-capita/krs0abtoh