The Australian way of life faces extinction

Australia's population growth, driven by high levels of immigration, is leading to a housing crisis, infrastructure shortages, and environmental issues, raising concerns about the country's ability to sustain a quality way of life and achieve climate goals.

macrobusiness.com.au

Relevant topic timeline:

8/20/2023

The end of low unemployment

Australia's record pace of immigration is outpacing labor demand, leading to a rise in unemployment and lower wage growth.

8/24/2023

Australia economy to slow, govt spending to rise as population ages-report

Australia's population aging and slower economic growth over the next four decades will put pressure on the budget and increase national debt, according to a government report, with taxation reforms notably absent from the suggested solutions.

8/27/2023

As China’s economy stalls, Australia braces for the impact on its currency and tourism market

Australia is preparing for the impact of China's economic downturn, which will lead to lower exports, reduced investment, and a decline in tourism, potentially causing a slowdown in Australia's economic growth.

9/18/2023

Immigration Scapegoated for Australia's Housing Crisis, But Could Be Part of the Solution

Immigration is not to blame for Australia's housing crisis; rather, it has contributed to economic growth and filled critical gaps in the job market.