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