The CEO of REA Group, a $27 billion ASX property giant, acknowledges that Australia's 'Big Australia' immigration policy has created ideal conditions for the #property industry. Strong population growth driven by immigration keeps demand high, with little sign of it slowing down. With potential rate cuts and continued immigration, demand will likely stay ahead of supply, pushing prices and rents upwards. #Immigration #PropertyMarket #Australia #RealEstate #PopulationGrowth #HousingDemand #Economy #PopulationPonzi

https://www.macrobusiness.com.au/2024/08/australias-property-industry-loves-housing-shortages/

Australia's property industry loves housing shortages

Owen Wilson, chief executive of the $27 billion ASX property classified giant REA Group, admitted that the ‘Big Australia’ mass immigration policy has created ‘goldilocks’ conditions for the industry. “Demand remains strong, thanks to solid population growth that’s been powered by immigration, and perpetually pent-up demand”, writes The AFR’s Chanticleer. “Wilson sees little reason for

MacroBusiness

New data from the Department of Home Affairs reveals that about 1 in 30 people in Australia are on a student or graduate visa. The federal government has reportedly proposed a 40% cap on international student enrolments. Despite this cap, Australia's student concentration would still be unparalleled globally.For perspective, the University of Illinois, the most international public university in the U.S., has just 23% international students. Even with the proposed cap, Australia's numbers would far exceed this.#Australia #InternationalStudents #HigherEducation #StudentVisas #Auspol #PopulationPonzi

https://www.macrobusiness.com.au/2024/08/australia-engulfed-in-international-student-lies/

Australia engulfed in international student lies

In this weekend’s Treasury of Common Sense on Radio 2GB, I discussed the latest furore between RBA governor Michele Bullock and the federal government over inflation. I also discussed the lies and obfuscation permeating Australia’s international education “industry”. Below are highlights of the discussion around international students. Edited Transcript: One of the biggest drivers of

MacroBusiness
Brisbane City Council takes away rough sleeper's tent during Homelessness Week

Homeless Brisbane man Bane Dancey says he doesn't know where he'll sleep at night after the council removed his tent during a clean-up operation. 

ABC News

Canada's economy is facing serious challenges, with an unexpected population boom surpassing even the highest growth projections from Statistics Canada. This should serve as a warning to #Australia about the potential consequences of following a similar high immigration growth model. Both countries need to reconsider this approach urgently. #auspol #BetterNotBigger #PopulationPonzi

https://www.macrobusiness.com.au/2024/07/canadas-economic-implosion-a-warning-for-australia/

Canada's economic implosion a warning for Australia

Canada’s economy has turned into an economic disaster zone. The nation’s population has experienced an unprecedented population boom that has overshot even the most bullish “high growth” projections of Statistics Canada: The population of the country increased by 1.4 million more people in 2022 than what Statistics Canada predicted in its “median growth scenario”, as

MacroBusiness

To be honest, I had never given more than a moment’s thought to Dominic Perrottet.
He got the Premier’s position in #NSW after Mad Gladys had imported Covid and thought it might be an idea to depart stage left.
But the news of the week is that Perrottet has come out with a pretty clear statement of the observable truth: #Australia runs a ‘#PopulationPonzi ‘ and it is “lazy economics”

https://www.macrobusiness.com.au/2024/02/the-population-ponzi-steps-onto-centre-stage/?utm_medium=email&utm_campaign=Daily%20MacroBusiness%20-%20Feed&utm_content=Daily%20MacroBusiness%20-%20Feed+CID_d5b473892eee0a6398e88d83918a7222&utm_source=Email%20marketing%20software&utm_term=The%20Population%20Ponzi%20steps%20onto%20centre%20stage

The Population Ponzi steps onto centre stage

To be honest, I had never given more than a moment’s thought to Dominic Perrottet. He got the Premier’s position in NSW after Mad Gladys had imported Covid and thought it might be an idea to depart stage left. But the news of the week is that Perrottet has come out with a pretty clear

MacroBusiness