For those investors who are still questioning if the price of Australian property is still on the rise, please take a look at the Australian immigration annual report. Under the labor government’s changed immigration policies, Australia from 2012-2013 had more than one hundred and ninety thousand immigrants, making it the highest amount in history of Australia. This means every day there was more than five hundred overseas residents immigrating to Australia. These five hundred people a day will all require residential housing, this will add to the demand of the steadily uprising housing market, meaning that houses will no doubt continue to grow in price so the sooner you invest, the smarter the decision.
In the fiscal year between 2012-2013, general skilled immigrants numbered 1289830 taking up 67.9% of all immigrants. Among them immigrants with employer guarantees numbered 47740, breaking records again. Aside from workers Family related immigration numbered 60185, taking up 31.7 of all immigrants. The report also points out that receiving such a large amount of working immigration was a result of the Labor government’s 2012 July “skill select” plan, also the report shows that the people who have utilized this plan numbered 38% of all skilled migrants.
”To this, immigration department secretary of state Martin Bowles says “Last fiscal year, including students, tourists and temporary immigrants are included, Australia’s border control counted more than thirty million people.” He also stated that: “Although there has been much debate about the notion of controlling immigration within the country, but immigration is going to be the mainstay of the future. Because of this Australia is still investing a large amount of time and energy into deciding new immigration laws.”
(Information source: yeeyi.com and Martin Lan）
