Queensland added 320 people a day in 2022!

According to the Australian Bureau of Statistics, Australia experienced a net migration of 496,800 people as of December 2022. This translates to an average of 1,361 people arriving in the country every day. Here are some interesting numbers:

Australia’s population was 26,268,359 people at 31 December 2022.

The quarterly growth was 127,078 people (0.5%).

The annual growth was 496,800 people (1.9%).

Annual natural increase was 109,800 and net overseas migration was 387,000.

The reopening of international borders and the return of international students are expected to contribute to the continued influx of migrants. This significant population growth is particularly prominent in Queensland, making it an attractive destination for both domestic and international investors.

Queensland has consistently experienced the largest population growth in Australia, and this trend shows no signs of slowing down. The continuous increase in population will have a profound impact on the housing market. As the demand for housing surpasses supply, property prices and rents will naturally rise. Investing in Queensland now means getting ahead of the curve and taking advantage of the future market conditions, which are poised to favour property owners.

Moreover, despite the talk of an impending recession and 12 interest rate increases, reputable property research houses and banks unanimously agree that the housing market bottom was reached early this year. This means that the market has already gone through a correction phase and is now on an upward trajectory. Seizing the opportunity to enter the market at the beginning of a new property cycle is rare and can potentially yield significant returns on investment. While attempting to time the market perfectly is not advisable, it is an opportunity that most investors dream of. The current conditions in Queensland's real estate market align with the factors that make investing attractive: population growth, increasing demand for housing, and a market that has already bottomed out. By taking action now, you position yourself to benefit from the anticipated growth and appreciation in property values.

In conclusion, the current statistics and trends in Queensland indicate that now is the ideal time to invest in the state's real estate market. The continuous population growth, tightening housing supply-demand equation, and the confirmation from industry experts that the market has already bottomed out all point towards a favorable investment climate.

Are you eager to initiate the research process and embark on the path towards your investment or dream home in South East Queensland? Take the opportunity to connect with Anna Khandhar today for an informative discussion on how she can provide valuable assistance in turning your real estate aspirations into tangible achievements. You can easily reach Anna at 0424 164 980 or via email at anna@lyrahomes.com. au. Don't hesitate to take this important step towards realizing your property goals.

Majority of docs, nurses in UK came from India: Study

study.

The report by the Migration Observatory at the University of Oxford said the country's immigration system brought unprecedented numbers of overseas workers into the health and care workforce in 2022-3.

followed by Zimbabwe and Nigeria.

Against a backdrop of staff shortages, the recruitment of non-EU citizens on skilled work visas in the health and care sector increased from 2017 onwards, with a particularly sharp increase in 2021 and 2022.

London, June 28 (IANS) A majority of care workers sponsored for skilled work visas in the UK in 2022 came mostly from non-EU countries with India leading the pack and just one per cent coming from the EU countries, according to a new

India was the top country of nationality for newly-recruited overseas doctors (20 per cent) and nurses (46 per cent), followed by Nigeria, Pakistan and the Philippines, the study said.

India (33 per cent) was also among top countries of citizenship for workers using Certificates of Sponsorship (CoS) in 2022,

The Office for National Statistics (ONS) estimated that vacancies in the UK’s health and social work sector peaked at 217,000 in July to September 2022 before falling somewhat in late 2022 and early 2023. Following this, the UK immigration system admitted unprecedented numbers of overseas health and care workers in the year ending March 2023. In the year to March, 57,700 care workers received skilled work visas, according to the report. The study, commissioned by the employment group ReWAGE, warned that the UK risks becoming too dependent on overseas care workers after nearly 58,000 visas were issued for the sector last year. Official figures showed overall migration into the UK for 2022 at 606,000 -- a 24 per cent increase on the previous high of 488,000 the year before.

“Health and care employers have benefited a lot from international recruitment. But relying this much on overseas recruits also brings risks," Dr Madeleine Sumption, director of the Migration Observatory, was cited as saying in The Guardian.

Dr Sumption said care workers on temporary visas are vulnerable to exploitation and "the rapid growth in overseas recruitments makes monitoring pay and conditions a real challenge".

The report comes with consultant doctors in Britain set to go on strike on July 20 and 21 for better pay.