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Australian economy can be boosting by welcoming immigrants says Rupert Murdoch

November 2013, 01
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News Corp chairman said at the Lowy institute lecture in Sydney that Australia can rule in the twenty-first century. Australia should welcome immigrants so that the australian economy becomes dynamite, human capital enhances and strong relationships can be built with countries around the world.

Sydney Opera House
The Chairman of News Corp was into a huge debate about immigration in the United States and said that Australia has a very big opportunity and they should take advantage of it and welcome more immigrants from all over the world but the newcomers coming into the country must follow the australian way of life.

The media mogul's lecture at the Lowy Institute in Sydney was very positives towards the theme of immigrants. He told the people in Sydney that the australians think the USA is a immigrant nation, and yes it is in all the right way. 

He also added that in USA 12 % people are foreign born, whereas in australia its double that number, so australia stands a better chance to become the world's most diverse nation. Australia has an competitive advantage above all the other countries.
Australia is a small nation and it very much depends on trade. To be able to get trade deals australia needs to maintain good relationships with as many countries as possible. Murdoch said in the 21st century Australia could move way ahead and rule and become a booming economy. 
He talked about the progress in australia, his publishing business, mobile phone technology, how online news has replaced newspapers. He said once we embrace reality it will be very rewarding. He said the world economy and their disruptive forces can be remorseless as well as relentless. But we embrace that reality, we will surely be rewarded in the long run.
Murdoch gave a very strong lecture. He said the narrow-minded Australia has moved ahead now and pushed out the faux class war which was created by some politicians - he referred to the Labor government.

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