On the Standard of Living

Australia has enjoyed a high standard of living for several decades now, but there several years now that standard has been slipping. This has been coupled with static wage growth an exponential increase in migration. However, with this has meant pressures on the existing infrastructure system and pressure to build at an exponential rate.

 

The Australian dream has always been to own a home, ideally on a quarter acre block close to public transport, shopping, schools, social establishments. But with large increases in migration, especially to the large metropolitan areas such as Sydney or Melbourne there is a lot of pressure on Australia’s infrastructure. As an example: roads are clogged, daily commutes increase in time, it takes more resources to get to work. In addition, foreign entities such as the Chinese Communists have taken upon themselves to buy up Australian assets. The policies relating to those issues need to change for the standard of living in Australia to remain high.

 

Now, I am all for migration, demographically essential for a healthy economy and for general well being of the country. But numbers need to be restricted. In that Australia accepts our quota of refugees, and migrants who are of benefit to Australia. But the essential thing is not to overwork our existing systems. Immigration has to be linked to performance of the migrant. One may say that it is, but those standards have to be strict. The main priority of the Australian government should be to improve the life of the citizens as currently their life quality is slipping.

 

For instance, in 1985 one could purchase a house for under 4 times the average wage in 2015 that changed to 11.5 times. There are many various tolls in major cities increasing the amount one has to pay to travel. The alternative, that is public transport, also increases over indexation every year. There is added pressure on the health and welfare systems especially in major cities. Increases in housing prices and high rental, have made them concurrently expensive. In addition, the government has liberalised the markets and making them accessible to foreign investors. The increases in population also puts pressure on food providers, which is further strained in times of flood or drought. Yes, Australia is a large land mass but those supplies are not inexhaustible.

 

As Australia reached 25 million residents in August last year, it was an appropriate time to put breaks on the ever increasing numbers of immigrants. I remember when Australia reached 20 million residents in 2003, 15 years later the population increased by five million people. We learned to cope with the increase however the there is strain, especially in the major cities. Post WWII European migrants stayed in regional areas, and I think that the same could applied today. The Labor opposition said that they want to build 250 thousand homes, and that is a good start to ease the affordability issues. Another side includes restricting the current crop of housing to foreign buyers and farm land, for that matter, on national security concerns. Lastly the Australian citizen should come first, charity begins at home, public money should be spent on programs and policies that benefit the Australian people, and in particular addressing wage stagnation especially among the working class.

 

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