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A smaller Australia won’t be a stronger one

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A smaller Australia won’t be a stronger one
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Immigration and an open, diverse society are central to Australia’s character and national strength. People moving to the country bring skills, expand productive capacity, strengthen global networks and support a larger, more dynamic domestic market. But population growth is not an end in itself. It must be sustainable and supported by adequate investment in housing, infrastructure and public services.

Reducing immigration because investment has failed to keep pace would treat the symptom rather than the cause. Cutting international student numbers would similarly weaken a major export industry and a valuable source of talent, skills and influence. The better course is to maintain rigorous visa standards while building the capacity for sustainable growth. Governments and industry must work together to expand housing supply and ensure infrastructure keeps pace.

Australia must also lift productivity to sustain living standards and real income growth. That requires policies that create, rather than merely redistribute, wealth; reduce unnecessary regulation, compliance costs and poorly targeted subsidies; improve workplace flexibility; and guarantee that the immigration program delivers the skills and productivity the country needs. Reform is difficult, but governments must build the evidence, make the case, earn public support and see it through.

In an uncertain and contested world, Australia’s stable democracy, strong institutions, highly liveable society and strategic position at the heart of the Indo-Pacific are real advantages. We should use these strengths to build greater prosperity, security and influence.

This is more than an economic choice; it is a choice about the kind of country Australia aspires to be. We can turn inward, or remain open to the talent, investment and enterprise that will create opportunity and strengthen Australia. A confident Australia should choose growth.

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