Population growth may boost GDP but not wellbeing
The forecast increase in annual population growth to 1.4 per cent thanks to restoration of pre-Covid levels of immigration may boost total GDP but not individual well-being, says Sustainable Population Australia (SPA). Treasury forecasts GDP will rise by 3.25 per cent in 2022/23 before dropping back to 1.5 per cent in 2023/24. Much of
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