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Treasury Intergenerational Report predicts slower population growth, immigration and births by 2061
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Covid expected to have effects on Australia that will be felt in 2061
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Australia s immigration pace is set to soar beyond pre-Covid levels regardless of who wins the next election.
While population growth is now at levels unseen since World War I, politicians from both the government and opposition are calling for the borders to be opened again to migrants.
Treasury also wants immigration to be revived to boost economic activity, predicting in the Budget papers that net annual immigration would climb to 235,000 in 2024-25, higher than where it was before the pandemic.
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Australia s immigration pace is set to soar beyond pre-Covid levels regardless of who wins the next election. While population growth is now at levels unseen since World War I, politicians from both the government and opposition are calling for the floodgates to be opened again to migrants. Pictured is Sydney s Wynyard station in May 2021