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A rising population will also place greater demands on Australia's already stretched urban infrastructure, meaning the Government's planned billion 10-year investment in transport infrastructure may not even keep up with increasing demands.The reliance on near-record levels of immigration to sustain the economy at a pace that can pay for tax cuts and a budget surplus is illustrative of the precarious nature of Treasury's path to a meaningful 1 per cent of GDP surplus by the early to mid-2020s.
While the budget forecasts of 3 per cent economic growth over the next four years look plausible, they rely on the population continuing to increase almost 1.5 per cent per year.
Given Australia's current birth rates, most of that growth would need to come from continuing Australia's current high immigration intake.
And the GDP and revenue growth the Government is counting on also assumes that almost all of those new migrants get a job quickly, something reflected in the budget's forecasts of a gradually declining unemployment rate.
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Janda, who is an expert on health policy, says, “It’s going to make it a little better. In fact, some of the participants of the G-20 meeting were led out in handcuffs because of their involvement in human trafficking and child abuse issues.” Dr.