Put simply, each migrant of working age adds to the labour supply and demand for goods and services, boosting the economy. Migration Council Australia estimates that by 2050 our population will be 38 million and migration will be contributing $1.6 trillion to GDP. But, as with most things, immigration has both benefits and drawbacks.
MORE WORKERS NEEDED
One of the more pressing and topical issues is that we need migrants to help meet the labour shortfall that many businesses are experiencing.