Business
Rich migrants only: Covid-19 recovery suggestion – Yahoo Finance Australia
Recession will be long and painful unless this happens, says one expert.
An investment expert has called to boost immigration for wealthy people to assist Australia’s recovery out of the current Covid-19 recession.
With virus-induced restrictions on people’s movements into the country this year, Australia has lost much external capital coming in.
But Atlas Advisors Australia executive chair Guy Headley said an immediate fix would be to increase the proportion of high-net-worth immigrants.
“These investors have a far greater capacity and can inject more capital int…
-
General23 hours agoCharlotte McConaghy calls for climate change action in new novel Wild Dark Shore
-
Noosa News22 hours agoLord mayor promises to review medium density planning laws
-
Noosa News15 hours agoConfusion over licensing and access to hunting grounds under WA’s strict gun laws
-
General12 hours agoCalls for government to ‘get on with’ CSIRO Ginninderra Experiment Station land sale after three-year delay