logoalt Hacker News

somepersontoday at 12:12 AM2 repliesview on HN

A big part of what makes Australia a better performing economy is maintaining high population growth rate of 1.5%, mostly through immigration.

Has had implications on housing affordability, but it's great for GDP statistics.

https://www.macrotrends.net/global-metrics/countries/aus/aus...


Replies

PorciiVorbesctoday at 12:29 AM

>Has had implications on housing affordability, but it's great for GDP statistics.

Which high performing economy DOESN'T struggle with housing affordability?

>mostly through immigration

*SKILLED immigration

show 2 replies
jojobastoday at 12:50 AM

Per capita GDP is falling with every new migrant. I don't think it's the kind of GDP growth anyone wants to have.

show 1 reply