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Did You Know That Migrants Are Better Educated Than The Average Australian?

Australia’s population is growing at around 1.8% per annum, more than any other developed country, in part to boost our economy and replace ageing baby Boomers who are retiring from the workforce.

Interestingly I recently read that in general, immigrants have a higher level of education than the general Australian population.

HSBC’s Downunder Digest noted:

“Typically, migrants are younger than the Australian population as a whole and therefore provide a boost to the Australia’s workforce and its productive potential.

Migrants can also bring needed skills to the Australian workforce. Data from 2010 revealed 45% of recent migrants had a bachelor degree or greater, compared to 25% across the entire country in 2013.

Encouraging continued strong migration remains a policy option to mitigate the impacts of an ageing population.”

Check out this chart:

Migrants[post_ender]



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About

Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


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