Doubling migration would deliver GDP spike: CEDA
AAP Source: AAP
A new report says doubling Australia's migrant intake could dramatically drive future economic growth. The report, from the Committee for Economic Development of Australia, known as CEDA says skilled migration in particular has always been a significant driver for Australia's economy. But it's calling for a cap on working holidaymakers, reviving the possibility of a guest worker program to fill low-skilled roles. The CEDA report says doubling Australia's migration intake to 400,000 by the 2050s could dramatically drive economic growth. But the report's authors add this should only occur if gaps in infrastructure, urban congestion and environmental impacts are adequately addressed to cope with new arrivals. This feature reveals more details.
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