Property Council demands migrant meat for grinder

The mask has slipped and the reason Australia has had such high immigration rates has been revealed:

The Property Council has called on the Federal Government to extend its successful HomeBuilder stimulus program for new housing construction for a further six months to July 2021. The Property Council has also recommended a ‘Welcome to Australia’ migration plan to provide the skills, people and growth our economy needs.

As the NHFIC report notes, international border closures have effectively shut down net overseas migration which accounted for 59 per cent of population growth since 2007. International students account for around 50 per cent of net overseas migration. This fall in migration is flowing through to demand for housing which if sustained will put further pressure on residential construction and compound the economic downturn.

Property Council Chief Executive, Ken Morrison, said: “The NHFIC report paints the scenario we can’t allow to happen, because if we do it will mean many tens of thousands more Australians losing their jobs.

“A roadmap for restarting our migration program should be a top priority for National Cabinet…

“Migration always has and will continue to be one of the big drivers of our economic growth and prosperity, and needs to be front and centre in our economic recovery plans.

Seriously, what is the point of building swathes of new homes if they are to be filled with extra migrants? How does this help the incumbent population? It doesn’t.

Obviously, the Property Council of Australia (PCA) is talking its own book. The PCA supports mass immigration because it is in their own self interest to do so. Meanwhile, the existing population needs to fund the increasing infrastructure needs (water, power, transport, recreation facilities etc), as well as suffers the downsides via increasing congestion, being crammed into defective high-rise apartments, and lower wages.

Nor does PCA’s claim about job losses hold much weight. According to recent research from Professor Peter McDonald from Melbourne University, migrants took 83% of jobs created between 2011 and 2016:

From July 2011 to July 2016, employment in Australia increased by 738,800. Immigrants accounted for 613,400 of the total increase…

Migration has had a very large effect on the age structure of employment with most new immigrant workers (595,300) being under 55 years.

Thus, any jobs ‘created’ by migrants are also likely to be ‘taken’ by migrants. Again, how does this help the incumbent population? It doesn’t.

A Ponzi scheme is no way to apply government policy for the good of the citizenry.

The housing industry should meet the needs of Australians. Not the other way round.

Leith van Onselen
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Comments

  1. “…..the skills, people and growth our economy needs.”

    Correction, the bums on seat consumers and cheap labour that a very select in Australia want.

  2. Even asking how mass immigration affects the incumbent population is racialismist, and probably homeophobic as well. Disgraceful.

  3. Totes BeWokeMEMBER

    Australians are awakening to what is being done to them. The forces are sadly, most probably, already too strong to stop.

    Without wrecking LNP and or Labor, we’re getting turbocharged immigration as soon as possible.

    • Banning party donations would be a good start to putting the loud minority back in their box (property developers, big retailers etc). Give each party only what is required to campaign.

      Doing something about post-politics ‘thank you’ jobs for services rendered would be a harder one to tackle. Not sure what the solution would be there.

      • Post-politics jobs issue is easily fixed.
        If you don’t go on to work in public-minded roles, you lose your gold-plated pension.

      • After politics, a politician would be allowed to work in the public service or work privately but paid to a maximum of 2.0 average hourly earnings.
        So the politician would be allowed to earn up to about. $120 per hour in a private job without arousing suspicion.

  4. The longer I look at all this the more I realise the gov will just keep kicking that can down the road.

    So far this game of kick the can has been going on since Howards first home buyer incentive started around 1999

  5. Hill Billy 55MEMBER

    And what about all those temporary migrants, from which 75% of the new citizens originate. How are those numbers tracking? I know of a fellow who’s been here over 15 years, is over 70, and has been told he has another 15 years or so on the waiting list for citizenship. How is that for stupidity?

  6. @LvO: Wrong, the PCA THINKS immigration will help “support” the housing industry. Immigration actually undermines the property market.

  7. Arthur Schopenhauer

    For anyone wondering, Victorian Health & Aged Care Tests are batched, and that’s why the numbers are bouncing around.