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Reducing migration rate would be bad for budget, Government report finds

Cutting Australia's migration rate would cost the budget billions of dollars, lower living standards and reduce jobs growth, according to a report delivered to the Federal Government.

Reducing migration rate would be bad for budget, Government report finds
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The paper, prepared by the departments of Treasury and Home Affairs, found the 2014/15 intake alone would contribute nearly $10 billion to the budget over the next 50 years.

Read the full article on ABC Online.

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