The Economist: Mass migration makes countries poorer

Australia has run one of the strongest immigration programs over the past 20 years, growing the nation’s population by an extraordinary 37% between 2005 and 2025, easily outpacing other advanced nations:

The Economist Magazine last week argued that many advanced economies are experiencing slower growth because productivity is weak while immigration is high.

In wealthy, advanced economies, governments are seeing persistently low productivity growth alongside historically high rates of immigration. While incoming labour expands the workforce and boosts total nominal GDP, per capita GDP shrinks because productivity growth stalls.