{"id":879,"date":"2014-04-17T09:16:25","date_gmt":"2014-04-17T09:16:25","guid":{"rendered":"https:\/\/www.immigrationxperts.com\/?p=879"},"modified":"2016-06-15T13:23:16","modified_gmt":"2016-06-15T13:23:16","slug":"australia-needs-more-asian-migrants-economist","status":"publish","type":"post","link":"https:\/\/www.immigrationxperts.com\/updates\/australia-needs-more-asian-migrants-economist\/","title":{"rendered":"Australia needs more Asian migrants: economist"},"content":{"rendered":"<div class=\"col-md-12\">\n<div class=\"col-md-3\">\n<p><a href=\"https:\/\/www.immigrationxperts.com\/wp-content\/uploads\/2014\/10\/download.jpg\"><img loading=\"lazy\" decoding=\"async\" height=\"208\" width=\"242\" class=\"alignnone size-full wp-image-2816\" alt=\"download\" src=\"https:\/\/www.immigrationxperts.com\/wp-content\/uploads\/2014\/10\/download.jpg\"><\/a><\/p>\n<\/div>\n<div class=\"col-md-9\">\n<p>Paul Bloxham, chief economist at HSBC Bank, said larger pools of migration from Asia could prove a boon for the economy and offset the pending cost of retiring baby boomers.<\/p>\n<p>Mr Bloxham\u2019s rationale was that Asians tended to be younger, better educated and came with skills that Australia needed. Asian people, he argued, already had a history of successful integration and could help strengthen our economic ties to many of our most important trading partners.\u201cStrong migration flows, particularly from fast growing Asian nations, could help Australia deal with its demographic challenges and also strengthen links with the fastest growing economies,\u201d Mr Bloxham said. Mr Bloxham agreed that any substantial increase in migrants would need to be supported by increased housing, infrastructure spend and social services. However Mr Bloxham\u2019s comments also mirrored those of RBA governor Glenn Stevens recently when he said that Australia was facing a worker and skills shortage (not to mention the cost impost) as increasing numbers of baby boomers retire from the workplace and are not quickly replaced.<\/p>\n<\/div>\n<div class=\"col-md-12\">\n<p>Any increase in Asian migration could also prove an opportunity for brokerages who have, in recent times, adapted their businesses to cater to Asian investors and migrants. One of these is aggregation group Vow Financial. Such is the importance of the Chinese market to Vow that its chief executive, Tim Brown, recently revealed he was taking lessons in Mandarin. \u201cThe Chinese market in Australia is growing &ndash; it\u2019s 15 per cent of the market today. It could get to 20 per cent or 30 per cent over the next two or three years and it\u2019s such an important piece of our growth strategy,\u201d Mr Brown recently told The Adviser.<\/p>\n<p>Source :&nbsp;http:\/\/www.theadviser.com.au\/breaking-news\/30004-australia-needs-more-asian-migration-economist<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Paul Bloxham, chief economist at HSBC Bank, said larger pools of migration from Asia could prove a boon for the economy and offset the pending cost of retiring baby boomers. Mr Bloxham\u2019s rationale was that Asians tended to be younger, better educated and came with skills that Australia needed. Asian people, he argued, already had [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":881,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-879","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australia-new"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Australia needs more Asian migrants: economist - Immigration News and Visa Updates from Canada and Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.immigrationxperts.com\/updates\/australia-needs-more-asian-migrants-economist\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australia needs more Asian migrants: economist - Immigration News and Visa Updates from Canada and Australia\" \/>\n<meta property=\"og:description\" content=\"Paul Bloxham, chief economist at HSBC Bank, said larger pools of migration from Asia could prove a boon for the economy and offset the pending cost of retiring baby boomers. Mr Bloxham\u2019s rationale was that Asians tended to be younger, better educated and came with skills that Australia needed. Asian people, he argued, already had [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.immigrationxperts.com\/updates\/australia-needs-more-asian-migrants-economist\/\" \/>\n<meta property=\"og:site_name\" content=\"Immigration News and Visa Updates from Canada and Australia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ImmigrationXpertsIndia\/\" \/>\n<meta property=\"article:published_time\" content=\"2014-04-17T09:16:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-06-15T13:23:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.immigrationxperts.com\/updates\/wp-content\/uploads\/2016\/06\/download.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"242\" \/>\n\t<meta property=\"og:image:height\" content=\"208\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/australia-needs-more-asian-migrants-economist\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/australia-needs-more-asian-migrants-economist\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/#\\\/schema\\\/person\\\/4fd2f820d554196e7e2256daed1ebf61\"},\"headline\":\"Australia needs more Asian migrants: economist\",\"datePublished\":\"2014-04-17T09:16:25+00:00\",\"dateModified\":\"2016-06-15T13:23:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/australia-needs-more-asian-migrants-economist\\\/\"},\"wordCount\":297,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/australia-needs-more-asian-migrants-economist\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/wp-content\\\/uploads\\\/2016\\\/06\\\/download.jpg\",\"articleSection\":[\"Australia\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/australia-needs-more-asian-migrants-economist\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/australia-needs-more-asian-migrants-economist\\\/\",\"url\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/australia-needs-more-asian-migrants-economist\\\/\",\"name\":\"Australia needs more Asian migrants: economist - Immigration News and Visa Updates from Canada and Australia\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/australia-needs-more-asian-migrants-economist\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/australia-needs-more-asian-migrants-economist\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/wp-content\\\/uploads\\\/2016\\\/06\\\/download.jpg\",\"datePublished\":\"2014-04-17T09:16:25+00:00\",\"dateModified\":\"2016-06-15T13:23:16+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/australia-needs-more-asian-migrants-economist\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/australia-needs-more-asian-migrants-economist\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/australia-needs-more-asian-migrants-economist\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/wp-content\\\/uploads\\\/2016\\\/06\\\/download.jpg\",\"contentUrl\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/wp-content\\\/uploads\\\/2016\\\/06\\\/download.jpg\",\"width\":242,\"height\":208},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/australia-needs-more-asian-migrants-economist\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Australia needs more Asian migrants: economist\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/#website\",\"url\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/\",\"name\":\"https:\\\/\\\/www.immigrationxperts.com\\\/\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/#organization\",\"name\":\"immigrationxperts\",\"url\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/logo-3.png\",\"contentUrl\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/logo-3.png\",\"width\":190,\"height\":86,\"caption\":\"immigrationxperts\"},\"image\":{\"@id\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/ImmigrationXpertsIndia\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/#\\\/schema\\\/person\\\/4fd2f820d554196e7e2256daed1ebf61\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/598da748ecf81d9370309e0ea98066c93d81f599d14c8f4d1d2d563126ddba3f?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/598da748ecf81d9370309e0ea98066c93d81f599d14c8f4d1d2d563126ddba3f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/598da748ecf81d9370309e0ea98066c93d81f599d14c8f4d1d2d563126ddba3f?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"url\":\"https:\\\/\\\/www.immigrationxperts.com\\\/updates\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Australia needs more Asian migrants: economist - Immigration News and Visa Updates from Canada and Australia","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.immigrationxperts.com\/updates\/australia-needs-more-asian-migrants-economist\/","og_locale":"en_US","og_type":"article","og_title":"Australia needs more Asian migrants: economist - Immigration News and Visa Updates from Canada and Australia","og_description":"Paul Bloxham, chief economist at HSBC Bank, said larger pools of migration from Asia could prove a boon for the economy and offset the pending cost of retiring baby boomers. Mr Bloxham\u2019s rationale was that Asians tended to be younger, better educated and came with skills that Australia needed. Asian people, he argued, already had [&hellip;]","og_url":"https:\/\/www.immigrationxperts.com\/updates\/australia-needs-more-asian-migrants-economist\/","og_site_name":"Immigration News and Visa Updates from Canada and Australia","article_publisher":"https:\/\/www.facebook.com\/ImmigrationXpertsIndia\/","article_published_time":"2014-04-17T09:16:25+00:00","article_modified_time":"2016-06-15T13:23:16+00:00","og_image":[{"width":242,"height":208,"url":"https:\/\/www.immigrationxperts.com\/updates\/wp-content\/uploads\/2016\/06\/download.jpg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.immigrationxperts.com\/updates\/australia-needs-more-asian-migrants-economist\/#article","isPartOf":{"@id":"https:\/\/www.immigrationxperts.com\/updates\/australia-needs-more-asian-migrants-economist\/"},"author":{"name":"admin","@id":"https:\/\/www.immigrationxperts.com\/updates\/#\/schema\/person\/4fd2f820d554196e7e2256daed1ebf61"},"headline":"Australia needs more Asian migrants: economist","datePublished":"2014-04-17T09:16:25+00:00","dateModified":"2016-06-15T13:23:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.immigrationxperts.com\/updates\/australia-needs-more-asian-migrants-economist\/"},"wordCount":297,"commentCount":0,"publisher":{"@id":"https:\/\/www.immigrationxperts.com\/updates\/#organization"},"image":{"@id":"https:\/\/www.immigrationxperts.com\/updates\/australia-needs-more-asian-migrants-economist\/#primaryimage"},"thumbnailUrl":"https:\/\/www.immigrationxperts.com\/updates\/wp-content\/uploads\/2016\/06\/download.jpg","articleSection":["Australia"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.immigrationxperts.com\/updates\/australia-needs-more-asian-migrants-economist\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.immigrationxperts.com\/updates\/australia-needs-more-asian-migrants-economist\/","url":"https:\/\/www.immigrationxperts.com\/updates\/australia-needs-more-asian-migrants-economist\/","name":"Australia needs more Asian migrants: economist - Immigration News and Visa Updates from Canada and Australia","isPartOf":{"@id":"https:\/\/www.immigrationxperts.com\/updates\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.immigrationxperts.com\/updates\/australia-needs-more-asian-migrants-economist\/#primaryimage"},"image":{"@id":"https:\/\/www.immigrationxperts.com\/updates\/australia-needs-more-asian-migrants-economist\/#primaryimage"},"thumbnailUrl":"https:\/\/www.immigrationxperts.com\/updates\/wp-content\/uploads\/2016\/06\/download.jpg","datePublished":"2014-04-17T09:16:25+00:00","dateModified":"2016-06-15T13:23:16+00:00","breadcrumb":{"@id":"https:\/\/www.immigrationxperts.com\/updates\/australia-needs-more-asian-migrants-economist\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.immigrationxperts.com\/updates\/australia-needs-more-asian-migrants-economist\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.immigrationxperts.com\/updates\/australia-needs-more-asian-migrants-economist\/#primaryimage","url":"https:\/\/www.immigrationxperts.com\/updates\/wp-content\/uploads\/2016\/06\/download.jpg","contentUrl":"https:\/\/www.immigrationxperts.com\/updates\/wp-content\/uploads\/2016\/06\/download.jpg","width":242,"height":208},{"@type":"BreadcrumbList","@id":"https:\/\/www.immigrationxperts.com\/updates\/australia-needs-more-asian-migrants-economist\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.immigrationxperts.com\/updates\/"},{"@type":"ListItem","position":2,"name":"Australia needs more Asian migrants: economist"}]},{"@type":"WebSite","@id":"https:\/\/www.immigrationxperts.com\/updates\/#website","url":"https:\/\/www.immigrationxperts.com\/updates\/","name":"https:\/\/www.immigrationxperts.com\/","description":"","publisher":{"@id":"https:\/\/www.immigrationxperts.com\/updates\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.immigrationxperts.com\/updates\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.immigrationxperts.com\/updates\/#organization","name":"immigrationxperts","url":"https:\/\/www.immigrationxperts.com\/updates\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.immigrationxperts.com\/updates\/#\/schema\/logo\/image\/","url":"https:\/\/www.immigrationxperts.com\/updates\/wp-content\/uploads\/2023\/02\/logo-3.png","contentUrl":"https:\/\/www.immigrationxperts.com\/updates\/wp-content\/uploads\/2023\/02\/logo-3.png","width":190,"height":86,"caption":"immigrationxperts"},"image":{"@id":"https:\/\/www.immigrationxperts.com\/updates\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ImmigrationXpertsIndia\/"]},{"@type":"Person","@id":"https:\/\/www.immigrationxperts.com\/updates\/#\/schema\/person\/4fd2f820d554196e7e2256daed1ebf61","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/598da748ecf81d9370309e0ea98066c93d81f599d14c8f4d1d2d563126ddba3f?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/598da748ecf81d9370309e0ea98066c93d81f599d14c8f4d1d2d563126ddba3f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/598da748ecf81d9370309e0ea98066c93d81f599d14c8f4d1d2d563126ddba3f?s=96&d=mm&r=g","caption":"admin"},"url":"https:\/\/www.immigrationxperts.com\/updates\/author\/admin\/"}]}},"fimg_url":"https:\/\/www.immigrationxperts.com\/updates\/wp-content\/uploads\/2016\/06\/download.jpg","_links":{"self":[{"href":"https:\/\/www.immigrationxperts.com\/updates\/wp-json\/wp\/v2\/posts\/879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.immigrationxperts.com\/updates\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.immigrationxperts.com\/updates\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.immigrationxperts.com\/updates\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.immigrationxperts.com\/updates\/wp-json\/wp\/v2\/comments?post=879"}],"version-history":[{"count":10,"href":"https:\/\/www.immigrationxperts.com\/updates\/wp-json\/wp\/v2\/posts\/879\/revisions"}],"predecessor-version":[{"id":1050,"href":"https:\/\/www.immigrationxperts.com\/updates\/wp-json\/wp\/v2\/posts\/879\/revisions\/1050"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.immigrationxperts.com\/updates\/wp-json\/wp\/v2\/media\/881"}],"wp:attachment":[{"href":"https:\/\/www.immigrationxperts.com\/updates\/wp-json\/wp\/v2\/media?parent=879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.immigrationxperts.com\/updates\/wp-json\/wp\/v2\/categories?post=879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.immigrationxperts.com\/updates\/wp-json\/wp\/v2\/tags?post=879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}