By Hansen Ding
In recent years, Multiculturalism has been maligned by opponents to the point that even political supporters often avoid the issue due to it’s controversy. Politicians skirt around it so much one would think it was a shameful word. The modern debates which revolve often around issues of asylum seekers, boat people and integration of Muslim communities have threatened to derail one of the fundamental arguments in support of multiculturalism: the economics.
Australia has an aging population. This leads to decreased GDP per capita, decreased tax revenues, increased strains on pension welfare, decreased labour market supply, which all leads to making us less competitive in the global marketplace. It’s simple maths: over 50% of migrants are aged 15-34, compared to just 28% of
Australians; 2% of migrants are over 65, compared to 13% of Australians.