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Australia needs at least 2,50,000 migrants per year to Enhance the Economy and Growth Rate

Australia needs at least 2,50,000 migrants per year to Enhance the Economy and Growth Rate

As per the latest migration report shared by the Australian Migration Council, Australia need at least 2,50,000 migrants every year to enhance the economy and the rate of development and growth in the country. The current migration rate is not satisfactory as per the council report. The latest migration report suggests that the migration is likely to remain somewhere close to 2,15,000 per year as per the existing migration rate in the country.

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Australian Migration Council has cautioned the government about reduction of Migration rate

The Migration Council of Australia has cautioned the government that any fall in the required migration population would have serious consequences, in terms of economic growth and development of the country. In order to develop the economy of the country by $1.6 trillion till 2050, Australia would require at least 250,000 new migrants per year.

Migrants will be key contributors to the economy in the coming years

As per the report of Australian Migration Council, the migration will be the key factor to raise the work force and subsequently, the GDP of Australia. The migrants in the country being highly qualified, relatively young, and talented contribute more to the economy and government assets. As of now the net migration in Australia is about 1% of the total population, however, it is likely to fall to remain just over halve to 0.5% by 2054-2055.

With the latest government modelling, the migrants are likely to make a very low percentage of total population in Australia in the coming years. The report further says that Australias population would around 38 million by 2050 and the contribution of each migrant would be 10% more to the economy as compared to the Australian resident.

How to get the crucial assistance to apply for a Visa in Australia? Well, if you wish to immigrate to Australia, you require following the point based and a bit technical Immigration system and procedure of Australia that includes creating an online profile, submitting an EOI (Expression of Interest) and choosing an appropriate occupation from CSOL (Consolidated Skilled Occupation List) to apply for Australian Visa. (Note: With effect from April 19, 2017, Australian Government has replaced the old Occupation lists, i.e. SOL & CSOL with new Skilled Occupation lists, i.e. Medium and Long-term Strategic Skills List (MLTSSL) & Short-term Skilled Occupation List (STSOL). The visa applicants, eligible to nominate an occupation from STSOL, also have access to some occupations in MLTSSL. Hence, both the lists (STSOL & MLTSSL) have been combined to form a new Combined List of Eligible Skilled Occupations and hence, there is no separate STSOL list.) The procedure indeed required a specialist support and assistance. You may get in touch with a Visas Avenue Immigration Specialist at ourToll-FreeNo:78-18-000-777or write to info@visasavenue.com for any query, assistance, etc. with regard to Australia Immigration.

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