{"id":146022,"date":"2020-09-19T11:15:00","date_gmt":"2020-09-19T01:15:00","guid":{"rendered":"https:\/\/propertyupdate.com.au\/?p=146022"},"modified":"2021-03-01T17:54:52","modified_gmt":"2021-03-01T06:54:52","slug":"what-will-life-be-like-in-a-smaller-australia-video","status":"publish","type":"post","link":"https:\/\/propertyupdate.com.au\/what-will-life-be-like-in-a-smaller-australia-video\/","title":{"rendered":"What will life be like in a smaller Australia [video]"},"content":{"rendered":"

Australia won\u2019t see high population growth at pre-COVID levels for years.<\/strong><\/p>\n

\"Population\"This is a problem for many sectors.<\/p>\n

Our education system is underwritten by international students, our residential construction sector depends on a steady stream of new residents needing to be housed and all the highly skilled jobs that our economy created couldn\u2019t possibly have been filled by the locally available workforce.<\/p>\n

In May Alan Tudge in his role as the Minister for Population, Cities and Urban Infrastructure said that net overseas migration for 2020 will be zero.<\/p>\n

The Prime Minister threw around the number of 34,000 net new migrants for next year \u2013 that would be 2021.<\/p>\n

Small Australia, here we come?<\/p>\n

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Prepare for a slower growing Australia through the 2020s<\/div><\/div>
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