The current method of accepting migrants in Australia is the right one, says the Productivity Commission of Australia.
The current method involves screening overseas migrants on the basis of their qualifications and skills. They are given priority on the basis of their education, age, work experience and language proficiency skills. This method of selecting overseas immigrants in more beneficial to Australia.
The Australian Govt. is currently focusing on bringing in migrants with better skills and good education. These attributes help the immigrants integrate better in the workforce. These migrants, thus, give more economic benefit and better labour market results. Working-age foreign immigrants also provide a much-needed boost to Australia’s ageing population.
The benefits of attracting a younger workforce were also highlighted by the Intergenerational Report of Australia. The rate of participation in the workforce is much higher for working-age immigrants, as quoted by SBS News.
Using any other method of accepting immigrants, like a payment-based method, would be detrimental to the Australian economy. This was highlighted by the Productivity Commission of Australia. The demographic dividend from migration would be reduced in a payment-based system. The Productivity Commission sees no merit in accepting migrants through a payment-based system.
Australia has been successful in bringing in more working-age adults through the current immigration system. These immigrants are helpful in addressing the labour shortage and filling in skill gaps. The fact that working-age immigrants tend to work for a longer period also brings in economic benefit to the Australian economy.
Most of these working-age migrants hold jobs and pay their taxes. They also tend to use Medicare less, which is Australia’s national health scheme. This also helps boost the Australian economy.
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