[Podcast] How will plummeting immigration affect our economy and property? With Simon Kuestenmacher

[Podcast] How will plummeting immigration affect our economy and property? With Simon Kuestenmacher

Or listen and subscribe in your favourite podcast player:

The coronavirus crisis has cut Australia off from the world.

And our population growth is about to slow dramatically. 

This is going to affect our property market and slow economic growth by up to 2%. 

Every time we have an economic downturn, immigration becomes a topic of great interest.

And with the likelihood of unemployment rising to over 10%, the discussion has become even more vocal. 

In today’s show, I discuss the political, economic, and property implications of immigration with our regular guest, leading demographer Simon Kuestenmacher. 

You may be surprised by what his research suggests will happen to immigration, and the information may help you shape decisions going forward. 

Highlights from my talk with Simon:

  • The variables Simon had to consider when looking at the consequences of the decrease in immigration.
    • The idea is that by 2030, Australia will still have grown, but by one million less than they could have without the pandemic.
  • So far, Australia seems to be getting through the pandemic with very few deaths, so there isn’t currently a need to alter the death rate predictions.
  • Over the next year or two, the demand of the labor market will be able to be filled with people who are already in Australia. 
    • But after a year or so, Australia will hit the wall again and new talent will need to be brought in. 
  • The demographics of the missing million.
  • How those missing demographics affect businesses.
  • How temporary visa holders will be affected.
  • The jobs that are servicing the property and construction industry will be suffering the most from decreased immigration.
  • Infrastructure spending.
  • Millennials finally in the family formation stage of the life cycle, which should be a positive for property and the economy.

Links and Resources: 

Michael Yardney

Simon Kuestenmacher - Director of Research at The Demographics Group

Simon’s YouTube Channel 

In these challenging times why not get the team at Metropole to build you a personalised   Strategic Property Plan – this will help both beginning and experienced investors.

Some of our favourite quotes from the show: Planing Strategy Future

“I think there’s other benefits for infrastructure spending as well. We use local resources, we create local work, but it also leaves a legacy for the future.” – Michael Yardney

“It looks like now we’re banding together from both sides of parliament, both sides of government, and wanting to build a new, stronger Australia.” – Michael Yardney

“In order for you to grow stronger, part of you must die.” – Michael Yardney


Reviews are hugely important to me because they help new people discover this podcast. If you enjoyed listening to this episode, please leave a review on iTunes - it's your way of passing the message forward to others and saying thank you to me. Here's how


Subscribe & don’t miss a single episode of Michael Yardney’s podcast

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

Need help listening to Michael Yardney’s podcast from your phone or tablet?

We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.


Prefer to subscribe via email?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.


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 one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media.


Very good podcast - excellent analysis and insight. Thanks

1 reply
Copyright © 2024 Michael Yardney’s Property Investment Update Important Information
Content Marketing by GridConcepts