Wed, 15 Jul 2015 10:42:06 GMT
Australia becomes less attractive for migrants
The central bank has been betting on a strong flow of new inhabitants to spur the economy, since Australia's mining boom calms down. Nevertheless, the country's unemployment benefits level exceeded the US rate, while the population is expected to show the slowest growth in nine years, reaching the 1.3% this year. Moreover, consumer confidence decreased 3.2% in July.