Strongly influenced by mega growth and immigration from regional economies Australia is forecast to become the 11th ranked economic power by 2025, according to forecasts by Centre for Economic and Business Research (CEBR) and reported by SBS News
China, India, Japan, South Korea and Indonesia are key countries contributing to Australia’s growth. Through clever positioning of trade relationships and “people to people” engagement via defence cooperation, the education sector and immigration, Australia has created a modern day “gold rush” that is powering growth of its cities and regions towards a huge expansion of its economy and population.
See SBS News item
