I have heard this quite often "huge population growth (skilled immigrant) expectations makes the real estate price rise justified" Just curious, Where are the employment opportunities going to come from for these new migrants and existing population? Australian economy is already struggling with rising unemployment in real terms, Mining is in down hill demand wise, Manufacturing units closing down left and right. With new technological advancements a big chunk of future work in agriculture/mining/manufacturing sector can be automated via robotics (this is a reality within next 5/10 years not science fiction any more). Stem cell research along with 3D printing can/will bring some amazing changes and many other technological advances can reduce the dependency on humans even in health care sectors. Adidas is already trying robotic(and quite successfully) for complete automation of few lines of its sneakers, This is huge as shoe manufacturing is one of the difficult challenges for automation due to varied small parts. Self driving cars are a reality in next decade making cab drivers around the world redundant. Where do we see the real growth of employment in a decade or two?