Population Pressures on the House Market!
May 4, 2010 by Tim
Filed under property market, Renovating, tips
Well strike me , flat out like a lizard drinking!!!: popular press is advising that the Australian population grew a ”remarkable ” 452,000 last year alone. This is close to double that of only three years ago. At this rate it suggests an extra one million Australians every two and a half years. Simple arithmetic tells one, we will reach 38 M by 2050, yes, even higher than government forecasts!
This topic has generated some recent political debate: it has become a hot on radio talk back, especially since the release of the Intergenerational report.
Research, shows that student numbers have certainly doubled over the last three years to reach a level of 630,000, the most popular subject for study is English, which can be so handy for residency applications.
Some of the 900,000 expatriate Australians are also returning from overseas, due to lower income taxes in Australia, the stronger Australian dollar and the opportunity from a growing Australian economy.
Until recently, New Zealanders had rights to unrestricted entry, so who knows how many Australians are from NZ : Certainly the government doesnt know!
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Australia’s Population effect on stocks and Property!
April 8, 2010 by Tim
Filed under property market, Renovating, tips
Well this will be a hot topic, apparently in an election year this will become a more controversial issue. Increasingly, I expect that research and information on the topic will become available. In recent years, the population policy has been bipartisan and thus no public discussion. But initially, one can surmise that population has been growing much faster than previously expected. When the popular press, says we might have to” fight ones way through to the water cooler”. Let one prosecute some of the facts.
1 Mr.Chris Evans, Minister for Immigration has announced “The Government is considering all options on the Immigration Programme.”
2 A new Minister of Population policy has been announced, being Mr Tony Burke.
3 Mr. Abbott the Opposition Leader has announced a likely dramatic cut in immigration. Well “Strike me like a lizard drinking”. The business community has instantly crueled this pitch.
4 The PM says, there are “legitimate” community concerns re the population pressures.
5 Whole groups of the population, have not been counted in the Official statistics, including New Zealanders (around 550,000), and International Students atleast (580,000), tourists overstays. Figures from Prof. McDonald at ANU, but these are a year out of date. He has not noted the Tourist and business overstayers; by definition other overstayers are not counted.~
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