No, it's the immigration visa system and so called foreign 'students' & 'skilled' migrants, like either of those two would actually come to Australia. Skilled Australians leave Australia.
Not everyone can refinance either for whatever reason such as you no longer owe enough
3 4 or 5 ...Doesn't matter if you're only paying the minimum.
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Why are we contemplating saddling the Pacific with more debt?Given the Pacific’s debt is already about $5.5 billion, how is loading our neighbours up with more helpful? Because if we don't fill the vacuum, China will. Because the Pacific region is too weak to be financially independent and so it now depends upon Australia or China for support. Because it is important for us that they are not more indebted to China than to us. Secondly, it they are unable to pay, we'll probably just write it off, where the Chinese will take them over and they will become part of greater China.
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