250,000. The number of new migrants Australia needs every year to raise living standards and contribute AUS $1.6 trillion (HK $9.6 trillion) to the economy, according to an analyst. The government’s head of auditing, Tony Shepherd, said the country’s migration intake should be kept at current levels and then rise in the years ahead. The key issue is Australia’s ageing population, which will lead to taxation revenue declines.
– Xinhua
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