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Infrastructure funding needs more thought : Comments
By Graham Young, published 7/7/2015How do you finance new state infrastructure when you have taken the pledge not to use debt or increased taxes?
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The days when the average citizen derived any net benefit from high population growth, even in narrow economic terms, are well and truly over. So far as the ordinary resident is concerned, it only means more pressure on the environment, more congestion, and more competition for jobs, housing, public services, and amenities. See the following and the references therein
http://www.pc.gov.au/__data/assets/pdf_file/0009/190377/sub015-migrant-intake.pdf
http://www.pc.gov.au/__data/assets/pdf_file/0007/190609/sub054-migrant-intake.pdf
http://www.acfonline.org.au/sites/default/files/resources/EPBC_nomination_22-3-10.pdf
Yet we currently have nearly the highest rate of population growth in the developed world, currently 1.4% (for 2014), down from a high point of 2.1% in 2008/2009, with 56% of the growth due to immigration and the remaining 44% to natural increase, although about a third of the natural increase would be births to migrants. This population growth is overwhelmingly due to government policy, not the decisions of Australian couples. We still do have some natural increase from the existing population, but it is entirely due to demographic momentum and decreasing every year. Our fertility rate has been slightly below replacement level since 1976.
The major parties are ramming population down our throats because Big Business does benefit from it, along with the folks in the immigration industry. Total GDP does go up, giving Big Business and the politicians more to skim. More people mean more customers, more profits from property development (and lending money to buy that property), especially if their mates in government will restrict supply, and a cheap, compliant work force that is cowed by an oversupply of labour, with savings on training costs if the growth is due to immigration. It cramps their style if they can't also socialize infrastructure costs. But since Hasbeen isn’t getting any benefit from population growth, why should he pay for the infrastructure to support it?
I am curious as to just how low a quality of life, how much environmental damage and how much regimentation Suseonline would personally be prepared to accept so that we can have a really big population. By the way, here are the figures for net overseas migration to Queensland
http://www.qgso.qld.gov.au/products/reports/overseas-migration-qld/overseas-migration-qld-2013-14.pdf
and the much smaller interstate migration
http://data.qld.gov.au/dataset/interstate-migration-qld/resource/d0f17377-21d9-494a-a25b-1adf7fa6c851