Swot Assumptions Back Ground Literature

1136 Words May 5th, 2015 5 Pages
Business research topic:
Why Australia to get real in population:
Theory Assumptions back ground literature: Population growth is one of the most important thing for the countries planners, economist and obviously for the government to plan for next 50 to 100 years.
Australian population growth is as per time clock estimates in April 2015 as 23 795 442. This is totally assumed and estimated based on last census in 2006. One birth in every 1 minute and 44 seconds
One death in 3 minutes 27 seconds
Above data shows that birth rate is very low as compared to the death rate
To overcome this situation the planners have no other choice to bring the skilled labor force through migration which is about one person every 2 minutes and 13 seconds.
The present population growth of the country is about 1.5% per year.
By the year 2050 Australian population based on the time clock is estimated to be more than 37 million people but by that time main problem will arise as the number of aging people that is not working class or over 65 years of age will be increased from 12% to around 23% (almost double) and more than 80 years of age will increase from 1.6% to 4.9% (more than three times)

Australia’s aging problem is based on the following points:
Natural Population growth rate now is much less than it was in 50 years ago means by year 1950 to 1970 termed as baby boomer period where the births are more than 3 children per woman as compared now which is only 1.89 children per women.…
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