acknowledge that the Asianisation of Australia has been a success
Mr Opinion,
I was around when Pauline Hansen was vilified for warning against that very scenario. Abbott put her in jail & ALL Lefties hounded her to no end & most still do.
It is a success if you're not a Patriot !

Interesting analysis, however it conflates medium term temporary 'churn over' of temp workers, students, back packers etc. with long term permanent migration via the 'nebulous' NOM Net Overseas Migration.

The latter has declined in real terms while the permanent population is ageing, and more to the point, back grounded by a real decline in the work force age of PAYE etc. taxpayers.

Accordingly, the temporary churn over component consists of mostly net financial contributors whom have no pathway to permanent residency nor citizenship, while they would support property investors through renting mostly apartments and/or shared housing (versus buying property).

Another point 'I cannot see a Federal Government supporting NOM at the same levels'. The NOM is a barometer with many inputs or factors but it is not a target, as UK PM Cameron's government (and advisors) learnt after being led into making bold statements on immigration restrictions and lowering the NOM before Brexit (like juggling jelly).

Ultimately, if the Australian electorate and/or government are led into permanent decline in any immigration then long term budget health, services, etc. will be impacted negatively by increasing numbers of retirees/pensioners, unless govt. spending and services are cut back (further), or taxes increased e.g. for middle class self funded retirees and pensioners.

Be careful what you wish for..... much radical right libertarian economics can lead to an economic death spiral, except for the top 10% for whom the impact would be negligible. See Turkey, Hungary and other parts of the less developed world....

much radical right libertarian economics can lead to an economic death spiral
Andras Smith,
Educating Dills & over-educating pseudo intellectuals has already lead to an economic death spiral !