250,000 migrants needed in Australia

In order to boost its economy and sustain future growth, the migration levels of Australia needs to be increased by about 30% per year according to independent modelling by the Migration Council of Australia (MCA).

The higher migration numbers would boost Australia’s economy by $1.6 trillion, says a new report from the MCA who warned that reducing the migration intake would have a profound impact on labour participation, productivity, the national skills base and income. Without a strong migration program Australia’s economy will suffer and it will not hit its projected population target of 38 million by 2050 - the projected population target of the government’s intergenerational report.