Once again, Australia’s special standing as a magnet for migrants may help save it from any prolonged downturn.
Many of the 40 economists surveyed by The Australian Financial Review this week believe that the extra workers and consumers, after half a million people arrived last year in a catch-up surge of migration, will prevent Australia from following New Zealand and parts of Europe into downturns during 2024.
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The Australian Financial Review’s succinct take on the principles at stake in major domestic and global stories – and what policy makers should do about them.
