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08/06/21
11:24
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Originally posted by Scott th Ratbag:
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but wages and job security are not growing with zero immigration. Disposable income is falling for the majority of workers, even though DI is rising for the corporate executive sector. Immigration causes an exponential rise in employment and this places (according to budget figures) upward pressure on wages. Its not immigration that has caused wages to fall and job security to be taken away, but Govt regulation that has been abolished by Abbott, and this allowed employers, such as in the Aged care sector for example, to deprive workers of job security and wages to cease to grow.... Immigration has nothing to do with wages and job security these days. Come on pints, if you support this post you should be able to put a $ figure on the alleged economic benefits.
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https://www.austrade.gov.au/benchmark-report/resilient-economy The world’s 12th largest economy The Australian economy is set to become the world’s 12th largest economy in 2021, up two places from 2019, according to the International Monetary Fund. Australia’s GDP will be around A$2 trillion (US$1.5 trillion). Australia is home to just 0.3% of the world’s population, but accounts for 1.6% of the global economy.