The government is reducing the intake of immigrants as our economy was already slowing down.
As we now start entering into a recession, any immigrants coming here will just add to the dole queue and more misery.
Apart from mining, the entirely economy is stuffed: building and construction (residential & commercial - been falling for a year), banking & finance (hiring freeze starting to happen and retrenchment - bad debts horror already flagged at AGM), retail (really buggered for more than a year and getting worse), manufacturing (hammered - high AUD & Carbon tax), tourism (high AUD), hospitality (falling patronage at restaurants a tell-tale sign).
The other brisk business is Centerlink.
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calm before the storm, page-45
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