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MacroBusiness Access Subscriber Only Content at 12:00 pm on March 2, 2021 | 12 comments As expected, Australia’s business lobby and wealthy elite are growing more vocal demanding the federal government open Australia’s international border to migrants. These groups like mass immigration for three main reasons: It provides a bigger pool of available workers to recruit, thereby increasing competition in the labour market, lowering worker bargaining power, and holding down wage costs; It expands Australia’s consumer base, providing businesses with more opportunities to sell their goods and services; and It places upward pressure on land values and property prices, making the owners of capital richer.

Ken morrisonChristine mcloughlinSuncorp groupNational housing finance investment corporationHousing industry associationProperty council of australiaProperty councilReserve bankNational housing financeInvestment corporationBig australiaகேன் மோரிசன்கிறிஸ்டின் ம்க்லோயூஃப்லிந்சன்கார்ப் குழுதேசிய வீட்டுவசதி நிதி முதலீடு நிறுவனம்வீட்டுவசதி தொழில் சங்கம்